African Eagle Resources PLC African Eagle Resources Plc : Holding(s) In Company
July 24 2013 - 6:30AM
UK Regulatory
TIDMAFE
African Eagle received notification yesterday that Coburg Group Plc
("Coburg") has purchased 78,009,570 ordinary shares of 0.1p each
("Ordinary Shares") in the Company at a price of 0.15p per Ordinary
Share. In conjunction with the above transaction, Coburg has also
acquired 22,574,785 unlisted warrants ("Warrants") in the Company. The
aggregate consideration paid by Coburg for the Ordinary Shares and the
Warrants was GBP117,014.
Coburg now holds a total of 78,509,570 Ordinary Shares, representing
approximately 11.3 per cent of the issued share capital of the Company.
The Warrants carry the right to subscribe for new Ordinary Shares of
African Eagle at 10.2 pence per Ordinary Share any time up to 10
February 2016.
For further information, please visit www.africaneagle.co.uk or contact:
African Eagle Resources plc
Robert McLearon, Managing Director
+44 20 7248 6059
Strand Hanson Limited (NOMAD)
Stuart Faulkner
Angela Hallett
James Dance
+ 44 20 7409 3494
Ocean Equities Limited (Broker)
Guy Wilkes
+44 20 7786 4370
About African Eagle
African Eagle Resources plc is listed on the AIM Market of the London
Stock Exchange (AFE) and Johannesburg AltX (AEA) stock exchanges.
This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the
information contained therein.
Source: African Eagle Resources PLC via Thomson Reuters ONE
HUG#1718418
http://www.africaneagle.co.uk/
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