17 Aug 2012 14:35
17th August 2012
Shanta Gold Limited
("Shanta Gold" or the "Company")
Directors' Shareholdings
Further to the announcements on 31 January 2011, 18 February 2011 and 13 October 2011 (providing for certain Directors to acquire existing ordinary shares in the Company in a Board approved monthly purchase scheme), Shanta Gold announces that a total of 31,228 ordinary shares were purchased on 14th August 2012 by certain Directors of the Company.
Further details concerning the share purchases by certain Directors are set out below:
Director | Number of shares purchased | Share price paid | Resultant shareholding | Resultant % of issued share capital of the Company |
Walton Imrie | 13,012 | 24.3p | 10,166,584 | 3.19 |
Gareth Taylor | 13,012 | 24.3p | 1,136,833 | 0.36 |
Paul Heber | 5,204 | 24.3p | 357,468 | 0.11 |
Enquiries:
Shanta Gold Limited | Tel: +255 (0) 22 2601 829 |
Walton Imrie / Gareth Taylor | |
Nominated Adviser and Broker | |
Liberum Capital Limited | Tel: + 44 (0)20 3100 2000 |
Michael Rawlinson / Clayton Bush / Christopher Kololian | |
Public Relations | |
FTI Consulting | Tel: +44 (0) 20 7269 7183 |
Oliver Winters/Billy Clegg |
About Shanta Gold Limited
Shanta Gold is a Tanzania focussed gold explorer and mine developer. It currently has defined ore resources on the New Luika, Singida and Mgusu projects and holds exploration licences over a number of additional properties. The New Luika Gold Mine is currently under construction and is expecting first production in Q3 2012. The Company is admitted to trading on AIM and has approximately 319 million shares in issue.
For further information visit the Company's website: www.shantagold.com.
SHG.L (SHG)