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Share Price Information for Anglo Asian Mining PLC (AAZ)

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350.00    -5.00 (-1.41%)
Bid:
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Spread: 10.00 (2.899%)
Market Cap: £400.20m
AAZ Live PriceLast checked at - London Stock Exchange

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Issue of Equity

2 Feb 2009 07:00

RNS Number : 5965M
Anglo Asian Mining PLC
02 February 2009
 



For Immediate Release

02 February 2009

ANGLO ASIAN MINING PLC

('Anglo Asian' or 'the Company')

Issue of shares 

Anglo Asian Mining PLC (AIM:AAZ) announces that, in line with previous quarters, the following Ordinary Shares have been issued to Directors in lieu of salary/fees for the period 1 November 2008 to 31 January 2009, using the closing share price on 30 January 2009 of 11.50p. 

The Directors have chosen to take shares in lieu of salary/fees in order to preserve the cash in the Company for the Gedabek project.

Number of Ordinary Shares awarded

Resulting number of Ordinary Shares held

% holding of Ordinary Shares with voting rights

Resource Capital Fund III L.P.*

30,435

6,417,856

6.24

John Sununu

39,130

9,875,430

9.60

Khosrow Zamani

21,739

165,573

0.16

Richard Round

25,777

158,649

0.15

Total

117,081

* these shares have been awarded to RCF Management LLC

Application will be made for the new Ordinary Shares of Anglo Asian Mining PLC to be admitted to trading on AIM. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company and trading of these shares on AIM is expected to commence on 9 February 2009.

The total number of Ordinary Shares with voting rights following this issue is 102,839,002

For further details, please contact: 

Anglo Asian Mining PLC

Khosrow Zamani, Chairman

+90 5558551943

Reza Vaziri, Acting Chief Executive

+994 12 5963350

Andrew Herbert, Chief Financial Officer

+994 12 5963350

Numis Securities Limited

+44 20 7260 1000

John Harrison, Nominated Adviser

James Black, Corporate Broking

Parkgreen Communications

Sue Scott/Leah Kramer

+44 20 7993 8780

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