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Last checked at 
1 Aug 2008 07:00
|
For immediate release |
1 August 2008 |
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 May 2008 to 31 July 2008, using the closing share price on 31 July 2008 of 8.88p. In addition shares have been issued to Numis Securities Limited in settlement of outstanding fees.
The Directors have chosen to take shares in lieu of salary/fees/bonus 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.* |
39,426 |
6,328,581 |
6.20 |
|
Tim Eggar |
33,454 |
Not applicable |
Not applicable |
|
John Sununu |
50,675 |
9,760,670 |
9.56 |
|
Reza Vaziri |
478,614 |
30,332,127 |
29.70 |
|
Khosrow Zamani |
28,153 |
101,817 |
0.10 |
|
Richard Round |
83,051 |
83,051 |
0.08 |
|
Numis Securities Limited |
330,799 |
330,799 |
Not applicable |
|
Total |
1,044,172 |
* 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 7 August 2008.
The total number of Ordinary Shares with voting rights following this issue is 102,138,462.
For further details, please contact:
Anglo Asian Mining PLC
Khosrow Zamani, Chairman +90 5558551943
Gordon Lewis, Chief Executive +994 12 5963350
Numis Securities Limited
John Harrison, Nominated Adviser +44 20 7260 1000
James Black, Corporate Broking
Parkgreen Communications
Sue Scott/Leah Kramer +44 20 7993 8780
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