21 Jan 2016 09:00
21 January 2016
Shanta Gold Limited
("Shanta Gold", "Shanta" or the "Company")
ADDITIONAL LISTING
Shanta Gold Limited (AIM: SHG), the East Africa-focused gold producer, developer and explorer, announces that an application has been made to the London Stock Exchange for the admission of 5,000,000 ordinary shares of 0.01 pence each in the Company ("Ordinary Shares") under the Company's existing blocklisting scheme. These Ordinary Shares will be issued from time to time, pursuant to the exercise of awards or options over Ordinary Shares and grants of Ordinary Shares under the Shanta Gold Limited Long Term Incentive Plan. Admission of the Ordinary Shares under the blocklisting is expected to take place on 22 January 2016 and the Ordinary Shares, when issued, will rank pari passu in all respects with the existing ordinary shares.
Enquiries:
Shanta Gold Limited | |
Toby Bradbury (CEO) Eric Zurrin (CFO) | +255 (0)22 292 5148 |
Nominated Adviser and Broker | |
Peel Hunt LLP | |
Matthew Armitt / Ross Allister | + 44 (0)20 7418 8900 |
Financial Public Relations | |
Tavistock | |
Emily Fenton / Nuala Gallagher | +44 (0)20 7920 3150 |
About Shanta Gold
Shanta Gold is an East Africa-focused gold producer, developer and explorer. 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 in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 81,873 ounces in 2015. The Company has been admitted to trading on London's AIM and has approximately 469 million shares in issue. For further information please visit: www.shantagold.com.
SHG.L (SHG)