Directors Dealings

RNS Number : 3168Z

Shanta Gold Limited

25 May 2016

 

25 May 2016

Shanta Gold Limited

("Shanta Gold", "Shanta" or the "Company")

Directors Dealings

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, was informed on 25 May 2016 that Toby Bradbury, Chief Executive Officer of Shanta Gold, has purchased on the same date, 250,000 ordinary shares of 0.01 pence in the Company a price of 5.65 pence per share.

Following this purchase, Toby Bradbury holds 400,000 ordinary shares in the Company:

Director	Number of Ordinary Shares Acquired	Price of Ordinary Shares Acquired	Total Number of Ordinary Shares Held Following Transaction	% of Company's Issued Capital
Toby Bradbury	250,000	5.65 pence	400,000	0.07%

It was indicated in the Circular published on 20 May 2016 that Toby Bradbury intended to subscribe for 500,000 New Ordinary Shares via the Open Offer. Following the purchase of 250,000 ordinary shares today, Dr. Bradbury now intends to subscribe for 250,000 New Ordinary Shares via the Open Offer.

Enquiries:

Shanta Gold Limited
Toby Bradbury (CEO) Mark Rosslee (CFO)	[phone]
Nominated Adviser and Joint Broker
Peel Hunt LLP
Matthew Armitt / Ross Allister / Chris Burrows	[phone]
Financial Public Relations
Tavistock
Emily Fenton / Jos Simon	[phone]

About Shanta Gold

Shanta is an East Africa-focused gold producer, developer and explorer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences over a number of additional properties in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 81,873 ounces in 2015. For further information please visit: www.shantagold.com.

 

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