Anglo Asian Mining PLC
13 November 2007
For release at 7.00am on 13 November 2007
ANGLO ASIAN MINING PLC
('Anglo Asian' or 'the Company')
Issue of shares
Anglo Asian Mining PLC (AIM:AAZ) announces that the following Ordinary Shares
have been issued to Directors in lieu of salary/fees for the period 1 August
2007 to 31 October 2007, using the closing share price on 31 October 2007 of
12.5p.
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 Resulting number of Ordinary % holding of Ordinary Shares
awarded Shares held with voting rights
Resource Capital Fund III 28,008* 6,228,008 6.25
L.P.
Tim Eggar 26,064 45,564 0.05
John Sununu 36,000 9,631,400 9.67
Reza Vaziri 340,008 29,111,208 29.22
Khosrow Zamani 20,000 20,000 0.02
Total 450,080
* 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 16 November 2007.
The total number of Ordinary Shares with voting rights following this issue is
99,621,880.
For further details, please contact:
Anglo Asian Mining PLC
Gordon Lewis, Chief Executive +994 12 499 3350
Richard Round, Finance Director +44 1525 211 988
Numis Securities Limited
John Harrison +44 20 7260 1000
Parkgreen Communications
Justine Howarth +44 20 7851 7480
Bex Sanders-Hewett
This information is provided by RNS
The company news service from the London Stock Exchange
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