Asa Resources Regulatory News (ASA)

2 Oct 2007 07:01

Mwana Africa PLC02 October 2007 Mwana Africa plc (the "Company") Holdings in Company London, 2 October 2007 - The Company announces that on 1 October 2007, it wasnotified that on the same date, Palanka Ventures Limited, a company which isultimately controlled by Deutsche Bank International Trust Company (Cayman)Limited, as trustee of Palanka Trust, purchased 100,000 ordinary shares in theCompany ("Ordinary Shares") at a price of 54.75 pence per share. Kalaa Mpinga,the Company's CEO, controls the voting rights in Palanka Trust and the OrdinaryShares held by Palanka Ventures Limited following such purchase. Mr Mpingatherefore has ultimate control of all of the voting rights attaching to15,967,593 Ordinary Shares currently held by Palanka Ventures Limited and19,981,415 Ordinary Shares currently held by the trustees of the Kalaa KatemaMukubayi Trust. Following this transaction, Kalaa Mpinga now has control of the voting rightsattaching to 35,949,008 Ordinary Shares amounting to 11.12 per cent of thetotal voting rights attaching to the issued share capital of the Company. Enquiries: Oliver Baring, Executive Chairman Tel: 020 7654 5588Mwana Africa plc Tom Randell / Anca Spiridon Tel: 020 7653 6620Merlin Ryan Gaffney, Vice President Tel: 020 7050 6500Canaccord Adams Limited This information is provided by RNS The company news service from the London Stock Exchange