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Holding(s) in Company

21 May 2019 07:00

RNS Number : 5940Z
Edenville Energy PLC
21 May 2019
 

21 May 2019

 

EDENVILLE ENERGY PLC

("Edenville" or the "Company")

Holding(s) in Company

Edenville Energy Plc (AIM: EDL), the AIM quoted company developing a coal project in southwest Tanzania, announces that following the Second Admission of the 2,050,000,000 Firm Placing Shares on 20 May 2019, it has been advised that Oliver Stansfield and Neal Griffith have both increased their respective shareholdings from the previously disclosed 62,500,000 shares of 0.02p ("Ordinary Shares") each to 187,500,000 Ordinary Shares each in the Company.

Both individuals are Directors of Brandon Hill Capital Limited, a natural resource focused investor and adviser, which has also now increased its direct interest from the previously disclosed 62,500,000 Ordinary Shares to 662,500,000 Ordinary Shares. Accordingly, the revised combined interest of these three parties is 1,037,500,000 Ordinary Shares, representing 23.51% of the outstanding share capital.

Capitalised terms used but not otherwise defined in this announcement bear the meanings ascribed to them in the Circular which was posted to Shareholders on 29 April 2019.

 

For further information please contact:

Edenville Energy Plc

Jeff Malaihollo - Chairman

Rufus Short - CEO

 

+44 (0) 20 3934 6630

SP Angel Corporate Finance LLP

(Nominated Adviser and Joint Broker)

David Hignell

Jamie Spotswood

Abigail Wayne

 

+44 (0) 20 3470 0470

Brandon Hill Capital Ltd

(Joint Broker)

Oliver Stansfield, Jonathan Evans

+44 20 7936 5200

IFC Advisory Limited

(Financial PR and IR)

Tim Metcalfe

Graham Herring

Heather Armstrong

+44 (0) 20 3934 6630

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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