19 Sep 2013 12:05
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 on market purchase of ordinary shares of 0.01 pence in the Company by a Director of the Company which occurred yesterday:
Director | Number of Ordinary Shares Acquired | Average Price of Ordinary Shares Acquired | Total Number of Ordinary Shares Held Following Transaction | % of Company's Issued Capital |
Anthony Durrant | 200,000 | 13.9 pence | 300,000 | 0.06% |
Additional the Company was informed of the following purchase of senior unsecured subordinated convertible loan notes due 2017 ("Notes") by a Strategic Adviser to the Board of the Company, which occurred yesterday:
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 | 518,000 | 92.5 (par value of 100) | 2,458,000 | 15,444,088 | 20,985,534 |
-ENDS-
Enquiries:
Shanta Gold Limited | Tel: +255 (0) 22 2601 829 |
Mike Houston, CEO | |
Patrick Maseva-Shayawabaya, CFO | |
Nominated Adviser and Broker | |
Liberum Capital Limited | Tel: + 44 (0)20 3100 2000 |
Tom Fyson / Ryan De Franck | |
Financial Public Relations | |
FTI Consulting | Tel: +44 (0)20 7269 7183 |
Oliver Winters / Sara Powell |
About Shanta Gold Limited
Shanta Gold is an East African focused gold mining 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 and achieved first gold pour in August 2012. 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.
SHG.L (SHG)