Issue of Shares

RNS Number : 7048X

Anglo Asian Mining PLC

27 June 2008

 



27 June 2008                                                                                                                                            AIM: AAZ

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/bonus for the period 1 February 2008 to 30 April 2008, using the closing share price on 30 April 2008 of 12.25p.

The Directors have chosen to take shares in lieu of salary/fees/bonus 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.*	28,580	6,289,155	6.22
Tim Eggar	26,596	102,467	0.10
John Sununu	36,734	9,709,995	9.60
Reza Vaziri	346,947	29,853,513	29.53
Khosrow Zamani	20,408	73,664	0.06
Gordon Lewis	489,796	489,796	0.48
Total	949,061

* 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 4 July 2008.

The total number of Ordinary Shares with voting rights following this issue is 101,094,290

For further details, please contact: 

Anglo Asian Mining PLC        

Gordon Lewis, Chief Executive       [phone]

Richard Round, Finance Director    [phone]

Numis Securities Limited

John Harrison                                 [phone]

Parkgreen Communications    

Justine Howarth                              [phone]

 

END

 

 

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