20 Feb 2014 14:33
Shanta Gold Limited
("Shanta Gold" or the "Company")
Directors Dealings
Shanta Gold Limited, the East African focused gold producing company, has been informed of the following purchase of senior unsecured subordinated convertible loan notes ("Notes") by a Strategic Advisor to the Board of the Company:
Director | Number of Notes Acquired | Average Price of Notes Acquired | Total Number of Notes Held Following Transaction | Total Number of Ordinary Shares currently held | Total Number of Ordinary Shares held upon conversion of Notes (including Ordinary Shares currently held) |
Jonathan Leslie | 265,000 | 92 (par value of 100) | 6,138,877 | 16,344,088 | 22,482,965 |
Additionally, the Company was today informed of the following purchase of Notes by a Non-Executive Director:
Director | Number of Notes Acquired | Average Price of Notes Acquired | Total Number of Notes Held Following Transaction | Total Number of Ordinary Shares currently held | Total Number of Ordinary Shares held upon conversion of Notes (including Ordinary Shares currently held) |
Luke Leslie | 105,000 | 92 (par value of 100) | 903,768 | 3,050,000 | 3,953,768 |
-ENDS-
Enquiries:
Shanta Gold Limited Tel: +255 (0) 22 2601 829Mike Houston, CEOPatrick Maseva-Shaywabaya, CFO
Nominated Adviser and BrokerLiberum Capital Limited Tel: + 44 (0)20 3100 2000Tom Fyson / Ryan De Franck
Financial Public RelationsFTI Consulting Tel: +44 (0)20 7269 7100Oliver Winters/ Sara Powell
About Shanta Gold Limited
Shanta Gold is an East African focused gold producing company. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences over a number of additional properties. The Company's flagship New Luika Gold Mine commenced production in 2012 and produced 64,000 ounces in 2013. The Company is admitted to trading on AIM and has approximately 462 million shares in issue. For further information visit the Company's website: www.shantagold.com