Last checked at 16 Jan 2014 07:00
16 January 2014
Kodal Minerals plc
("Kodal Minerals" or the "Company")
Holdings in Company
Further to the Company's announcement of 10 January 2014, the 100,000,000 Placing Shares issued have today been admitted to trading on AIM. The Company has no shares held in treasury therefore the issued share capital of the company consists of 770,240,747 Ordinary Shares. As a result of the issue of the Placing Shares and the increase in the issued share capital of the Company the percentage shareholdings of the Company's significant shareholders are as follows:
Name of Shareholder | Number of Ordinary Shares Held | Percentage of Ordinary Shares Held |
Tetra Minerals OY | 250,000,000 | 32.46% |
Robert Wooldridge | 50,081,477 | 6.50% |
John Mackay | 50,081,476 | 6.50% |
Novoco Mine Engineering Ltd* | 48,500,000 | 6.30% |
SP Angel Corporate Finance LLP | 34,950,857 | 4.54% |
Emin Eyi | 30,147,997 | 3.91% |
InCoR Holdings plc | 28,571,430 | 3.71% |
* Novoco Mine Engineering Ltd is a company wholly owned by Luke Bryan
The Directors' holdings of Ordinary Shares following the Placing are as follows:
Name of Shareholder | Number of Ordinary Shares Held | Percentage of Ordinary Shares Held |
Robert Wooldridge | 50,081,477 | 6.50% |
Luke Bryan * | 48,500,000 | 6.30% |
Emin Eyi | 30,147,997 | 3.91% |
David Jones | 7,808,000 | 1.01% |
Guy Eastaugh ** | 2,857,150 | 0.37% |
* Held by Novocco Engineering Ltd, a company wholly owned by Luke Bryan.
** Held by GEE Consulting Ltd, a company wholly owned by Guy Eastaugh
Please note that there has been no change to the number of Ordinary Shares held by any of the Directors. The change in percentage ownership is due to the issue of the Placing Shares only.
(All defined terms used in this announcement are as defined in the Company's announcement of 10 January 2014 unless otherwise defined above.)
Contact details:
Kodal Minerals plc Luke Bryan, CEO |
Tel: 020 3463 2260
|
Allenby Capital Limited, Nominated Adviser Jeremy Porter/Nick Harriss
|
Tel: 020 3328 5656 |
SP Angel Corporate Finance LLP, Financial Adviser & Broker John Mackay/Laura Littley
|
Tel: 020 3463 2260 |