Directors' Interests and Total Voting Rights

RNS Number : 2911Y
Shanta Gold Limited
07 September 2015
 



07 September 2015

Shanta Gold Limited

("Shanta Gold" or the "Company")

 

Directors' Interests and Total Voting Rights

 

Shanta Gold Limited, the East African focused gold producing company,  announces that, pursuant to the terms of his director service contract, a non-executive director of the Company will be receiving a portion of his annual fee in the form of Shanta Gold ordinary shares. The price at which the shares are being issued is calculated as the 10 business day VWAP immediately prior to the date of the service agreement being signed on 13 April 2013. Further details are as follows:

 

Director

Number of Ordinary Shares Acquired

Average Price of Ordinary Shares Acquired

Total Number of Ordinary Shares Held Following Transaction

% of Company's Issued Capital

Anthony Durrant

225,606

17.73 pence

1,976,818

0.42%






 

Application has been made to the London Stock Exchange for 225,606 ordinary shares in Shanta Gold to be admitted to trading on AIM ("Admission"), and it is expected that Admission will occur on or around 11 September 2015.

 

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules ("DTR"), following the issue and Admission the total issued share capital of the Company with voting rights is 468,234,983 ordinary shares.

 

The above figure of 468,234,983 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the DTR.

 

Enquiries:

Shanta Gold Limited              
Toby Bradbury (CEO)

Patrick Maseva-Shayawabaya (CFO)    +255 (0) 22 2601 829

 

Nominated Adviser and Broker
Peel Hunt LLP                                
Matthew Armitt/Ross Allister                +44 (0) 20 7418 890

Joint Broker

GMP Securities Europe LLP

Richard Greenfield/Alexandra Carse     +44 (0) 20 7647 2800

 

Financial Public Relations
Tavistock

Emily Fenton/Nuala Gallagher             +44 (0) 20 7920 3150

 

About Shanta Gold Limited

Shanta Gold 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 84,000 ounces in 2014. The Company is admitted to trading on London's AIM and has approximately 469 million shares in issue. For further information visit the Company's website: www.shantagold.com. 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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