4 Nov 2013 07:00
News Release
November 4, 2013
Anglo Pacific Group PLCIssue of New Ordinary Shares
Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE: APF) (TSX: APY) confirms that, further to the announcement by the Company on October 21, 2013, it has made applications for the Admission of 1,282,049 new ordinary shares of 2p each to the premium segment of the Official List of the UKLA and to trading on the London Stock Exchange's main market for listed securities. Admission is expected to occur on November 5, 2013 and the new ordinary shares will rank pari passu in every respect with the existing issued ordinary shares of the Company.
Subject to admission of the new ordinary shares, the Company advises that its issued share capital will comprise of 110,887,425 ordinary shares of 2p each ("Shares"). The voting rights of all of the Shares are identical with each Share carrying the right to one vote. The Company holds no Shares in treasury. Therefore, the Company's total number of voting rights will be 110,887,425. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.
Following closing, Audley Natural Resources Master Fund Limited, in which Mr. Julian Treger, Chief Executive Officer of the Company, has a 44.3% shareholding, will hold 333,333 Shares; Kings Chapel International Limited, in which Mr. Treger has a beneficial interest, will hold 897,435 Shares; and Mr. Mark Potter, Chief Investment Officer of the Company, will hold 51,281 Shares. Consequently, the total beneficial holding of Shares by Mr. Treger and his connected persons will be 1,230,768, representing approximately 1.11% of the issued ordinary share capital of the Company, and the total beneficial holding of Shares by Mr. Potter and his connected persons will be 51,281 Shares, representing 0.05% of the issued ordinary share capital of the Company.
This notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4R.
For further information:
Anglo Pacific Group PLC +44 (0) 20 3435 7400
Julian Treger - Chief Executive Officer
Mark Potter - Chief Investment Officer
Peter Mason - Company Secretary
Website: www.anglopacificgroup.com
Liberum Capital +44 (0) 20 3100 2000
Chris Bowman
Ryan de Franck
Bell Pottinger +44 (0) 20 7861 3232
Lorna Spears
James MacFarlane
Notes to editors:
About Anglo Pacific Group PLC
Anglo Pacific Group PLC is a global natural resources royalties company. The Company's strategy is to expand its mineral royalty interests in long-life mining assets. The Company achieves this through both direct acquisition and investment in projects at the development and production stage. It is a continuing policy of the Company to pay a substantial proportion of these royalties to shareholders as dividends.