12 Jun 2013 09:00
Scotgold Resources Limited
Holding in Company
Scotgold Resources Limited ("Scotgold" or "the Company") (ASX:SGX) (AIM:SGZ) was informed on 11 June 2013 that Mr Shane Sadleir a significant shareholder in Scotgold has disposed through the series of ten on market sales set out in Table 1 below, an aggregate of 5,004,918 ordinary shares in the Company. Following the disposals the Company believes that Mr Sadleir has a remaining holding of 9,961,063 ordinary shares representing 4.71 per cent. of the Company's issued share capital. Mr Sadleir's holding is held directly and through Mineral Products Holdings Pty Ltd.
Table 1 - Shane Sadleir transactions in Scotgold ordinary shares
Date of disposal | Number of ordinary shares in the Company sold |
17 April 2013 | 75,000 |
18 April 2013 | 1,000,000 |
19 April 2013 | 100,000 |
24 April 2013 | 1,000,000 |
26 April 2013 | 250,000 |
29 April 2013 | 500,000 |
02 May 2013 | 675,000 |
09 May 2013 | 469,218 |
10 May 2013 | 15,700 |
27 May 2013 | 920,000 |
Total included on notification | 5,004,918 |
End.
For further information please contact:
United Kingdom:
Scotgold Resources Limited | Westhouse Securities Limited | Bankside Consultants |
John Bentley (Chairman) Chris Sangster (CEO) | Richard Baty | Simon Rothschild /Harry Gourlay |
Tel: +44 (0)77 2562 9509 | Tel: +44 (0)20 7601 6100 | Tel +44 (0)20 7367 8888 |
Australia:
Scotgold Resources Limited | Professional Public Relations |
Shane Sadleir (Non-Executive Director) | Belinda Newman |
Tel: +61 (8) 9428 2950 Mobile: +61 (0) 411 704 498 | Tel: +61 (8) 9388 0944 Mobile: +61 (0) 401 802 210 |