30 Dec 2009 07:30
News Release
30th December 2009
Anglo Pacific Group PLC
Total Voting Rights and Directors Holdings following Completion of the Scrip Dividend Alternative and Shares Issued in lieu of Remuneration to Executive Directors
Anglo Pacific Group plc ("the Company) announces that, pursuant to the Scrip Dividend Alternative that had been approved at the Annual General Meeting on 23rd April 2009, it has on 29th December 2009 allotted 476,657 Ordinary Shares of 2p each in the Company in respect of the interim dividend for the year ending 31st December 2009. Shareholders representing 25.8 % of the issued share capital elected to take scrip instead of cash.
The Company also announces that, as of 29th December 2009 and following the recommendation of the Remuneration Committee, it has issued 66,074 Ordinary Shares of 2p each in the Company at a price of 225.5p per share to the Executive Directors as part of their remuneration.
All the above shares rank pari passu in every respect with the existing issued ordinary shares in the Company. Application has been made to the UK Listing Authority and to the London Stock Exchange for these shares to be admitted to the Official List and to trading on the London Stock Exchange's Main Market for listed securities and it is expected that dealings will commence on 13th January 2010.
The Company also wishes to announce that, subject to receipt of the approvals aforementioned, the Directors' shareholdings have changed as set out below:-
| At 24th December 2009 | Scrip Dividend | In lieu of Remuneration | 29th December 2009 | % Issued Ordinary Share Capital | |
| M.H.Atkinson | 3,739 | 64 | 0 | 3,803 | 0.01 |
| P.M.Boycott | 2,633,716 | 32,181 | 11,086 | 2,676,983 | 2.49 |
| A.C.Orchard | 50,000 | 0 | 14,634 | 64,634 | 0.06 |
| M.J.Tack | 38,876 | 616 | 14,634 | 54,126 | 0.05 |
| J.Theobald | 2,500 | 0 | 14,634 | 17,134 | 0.02 |
| J.G.Whellock | 13,084 | 0 | 0 | 13,084 | 0.01 |
| B.M.Wides | 2,885,515 | 6,694 | 11,086 | 2,903,295 | 2.70 |
| A.H.Yadgaroff | 177,303 | 3,069 | 0 | 180,372 | 0.17 |
Subject to receipt of the approvals aforementioned, for the purposes of the FSA's Disclosure and Transparency Rules, the Company advises that its issued share capital comprises 107,439,463 ordinary shares of 2p each. The voting rights of all of these 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 is 107,439,463.
The above figure (107,439,463) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Anglo Pacific Group plc under the Disclosure and Transparency Rules.
For further information:
Anglo Pacific Group PLC +44 (0) 20 7318 6360
Peter Boycott, Chairman
Matthew Tack, Finance Director
Liberum Capital +44 (0) 20 3100 2000
Chris Bowman
Simon Stilwell
Scott Harris +44 (0) 20 7653 0030
Stephen Scott
James O'Shaughnessy
Website: