21 Oct 2014 07:00
Shanta Gold Limited
("Shanta Gold" or the "Company")
Directors Dealings
Shanta Gold Limited, the East African focused gold producing company, was informed on 20 October 2014 of the following on market purchase of ordinary shares of 0.01 pence in the Company by a Non-Executive Director of the Company which occurred on the same date:
Director | Number of Ordinary Shares Acquired | Price of Ordinary Share Acquired | Total Number of Ordinary Shares Held Following Transaction | % of Company's Issued Capital | Total Number of Ordinary Shares Held Upon Conversion of Notes¹ (including Ordinary Shares Currently Held) |
Luke Leslie | 210,000 | 9.50 pence | 3,260,000 | 0.7% | 4,501,935 |
Note (1): senior unsecured subordinated convertible loan notes
-ENDS-
Enquiries:
Shanta Gold Limited
Tel: +255 (0) 22 2601 829
Mike Houston / Patrick Maseva-Shayawabaya
Nominated Adviser and Joint Broker
Peel Hunt LLP
Tel: + 44 (0)20 7418 8900
Matthew Armitt / Ross Allister
Joint Broker
GMP Securities Europe LLP
Tel: + 44 (0)20 7647 2800
Richard Greenfield / Alexandra Carse
Financial Public Relations
FTI Consulting
Oliver Winters/Sara Powell
Tel: +44 20 3727 1000
About Shanta Gold Limited
Shanta Gold is an East African focused gold producing 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 in 2012 and produced 64,000 ounces in 2013. The Company is admitted to trading on AIM and has approximately 464 million shares in issue. For further information visit the Company's website: www.shantagold.com.
SHG.L (SHG)