17 Jun 2016 07:00
17 June 2016
Shanta Gold Limited
("Shanta Gold", "Shanta" or the "Company")
Director Dealing in Convertible Loan Notes
Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, was informed on 16 June 2016 of the following purchase of senior unsecured subordinated convertible loan notes ("Notes") by a Non-Executive Director of the Company which occurred on the same date:
Director | Number of Notes Acquired | Average Price of the 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) |
Robin Fryer | 393 |
95 (par value of 100) | 393 | 720,000 |
1,629,427
|
Enquiries:
Shanta Gold Limited | |
Toby Bradbury (CEO) Mark Rosslee (CFO) | +255 (0)22 2601 829 |
Nominated Adviser and Broker | |
Peel Hunt LLP | |
Matthew Armitt / Ross Allister / Chris Burrows | +44 (0)20 7418 8900 |
Financial Public Relations | |
Tavistock | |
Emily Fenton / Jos Simson | +44 (0)20 7920 3150 |
About Shanta Gold
Shanta 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. For further information please visit: www.shantagold.com.
SHG.L (SHG)