Director/PDMR Shareholding

RNS Number : 4429D

Shanta Gold Limited

16 May 2012

 

16 May 2012

Shanta Gold Limited

("Shanta Gold" or the "Company")

Directors' Shareholdings

Further to the announcements on 31 January 2011, 18 February 2011 and 13 October 2011 (providing for certain Directors to acquire existing ordinary shares in the Company in a Board approved monthly purchase scheme), Shanta Gold announces that a total of 36,799 ordinary shares were purchased today by certain Directors of the Company.

Further details concerning the share purchases by certain Directors are set out below:

Director	Number of shares purchased	Share price paid	Resultant shareholding	Resultant % of issued share capital of the Company
Walton Imrie	15,333	20.25p	10,224,108	3.21
Gareth Taylor	15,333	20.25p	1,094,357	0.34
Paul Heber	6,133	20.25p	340,479	0.11

Enquiries:

Shanta Gold Limited	Tel: [phone]
Walton Imrie / Gareth Taylor
Nominated Adviser and Broker
Liberum Capital Limited	Tel: + 44 (0)20 3100 2000
Michael Rawlinson / Clayton Bush / Christopher Kololian
Public Relations
Tavistock Communications	[phone]
Emily Fenton / Ed Portman

About Shanta Gold Limited

Shanta Gold is a Tanzania focussed gold explorer and mine developer. It currently has defined ore resources on the New Luika, Singida and Mgusu projects and holds exploration licences over a number of additional properties. The New Luika Gold Mine is currently under construction and is expecting first production in 2012. The Company is admitted to trading on AIM and has approximately 319 million shares in issue.

For further information visit the Company's website: www.shantagold.com.

 

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