Issue of Equity

RNS Number : 5965M

Anglo Asian Mining PLC

02 February 2009

 



For Immediate Release

02 February 2009

ANGLO ASIAN MINING PLC

('Anglo Asian' or 'the Company')

Issue of shares 

Anglo Asian Mining PLC (AIM:AAZ) announces that, in line with previous quarters, the following Ordinary Shares have been issued to Directors in lieu of salary/fees for the period 1 November 2008 to 31 January 2009, using the closing share price on 30 January 2009 of 11.50p. 

The Directors have chosen to take shares in lieu of salary/fees in order to preserve the cash in the Company for the Gedabek project.

	Number of Ordinary Shares awarded	Resulting number of Ordinary Shares held	% holding of Ordinary Shares with voting rights
Resource Capital Fund III  L.P.*	30,435	6,417,856	6.24
John Sununu	39,130	9,875,430	9.60
Khosrow Zamani	21,739	165,573	0.16
Richard Round	25,777	158,649	0.15
Total	117,081

* these shares have been awarded to RCF Management LLC  

Application will be made for the new Ordinary Shares of Anglo Asian Mining PLC to be admitted to trading on AIM. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company and trading of these shares on AIM is expected to commence on 9 February 2009.

The total number of Ordinary Shares with voting rights following this issue is 102,839,002

For further details, please contact: 

Anglo Asian Mining PLC
Khosrow Zamani, Chairman	[phone]
Reza Vaziri, Acting Chief Executive	[phone]
Andrew Herbert, Chief Financial Officer	[phone]
Numis Securities Limited	[phone]
John Harrison, Nominated Adviser
James Black, Corporate Broking
Parkgreen Communications
Sue Scott/Leah Kramer	[phone]

 

END

 

 

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