Approval of Capital Reduction by the Court

RNS Number : 1112Z

Anglo Asian Mining PLC

29 August 2018

 

29 August 2018

Anglo Asian Mining plc

Approval of Capital Reduction by the Court

Anglo Asian Mining plc ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer, is pleased to announce that following the announcement made on 29 June 2018, the capital reduction was duly approved by the Court on 28 August 2018.

The capital reduction will enhance the Company's ability to pay dividends to shareholders in the future, as the amount standing to the credit of the Company's Share Premium Account which has been cancelled, will be transferred to distributable reserves.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

**ENDS**

For further information please visit www.angloasianmining.com or contact:

Reza Vaziri	Anglo Asian Mining plc	Tel: [phone]
Bill Morgan	Anglo Asian Mining plc	Tel: [phone]
Stephen Westhead	Anglo Asian Mining plc	Tel: [phone]
Ewan Leggat	SP Angel Corporate Finance LLP Nominated Adviser and Broker	Tel: [phone]
Soltan Tagiev	SP Angel Corporate Finance LLP Nominated Adviser and Broker	Tel + 44 (0) 20 3470 0470
Lottie Brocklehurst	St Brides Partners Ltd	Tel: [phone]
Susie Geliher	St Brides Partners Ltd	Tel: [phone]

 

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