7 Dec 2012 13:15
ANNOUNCEMENT 07 December 2012
Director Share Purchase
Coal of Africa Limited ("the Company") advises that on 5 December 2012 David Brown, a non-Executive Director of the Company acquired 30,000 shares at an average of price of 1.75 Rand (12.5p).
Following this acquisition Mr Brown is now the beneficial owner of 30,000 shares representing 0.004% of Company's issued share capital.
For more information contact:
David Brown | Chairman | Coal of Africa | +27 11 575 4363 |
John Wallington | Chief Executive Officer | Coal of Africa | +27 11 575 4363 |
Sakhile Ndlovu | Investor Relations | Coal of Africa | +27 11 575 6858 |
Company advisors:
Jos Simson/Emily Fenton | Financial PR (United Kingdom) | Tavistock | +44 20 7920 3150 |
Chris Sim/Neil Elliot | Nominated Adviser | Investec Bank plc | +44 20 7597 5970 |
Investec Bank Limited is the nominated JSE Sponsor
About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL's key projects include the Vele Colliery (coking and thermal coal), the Greater Soutpansberg Project, including CoAL's Makhado Project (coking coal) and the Mooiplaats and Woestalleen Collieries (both thermal coal).
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