9 Jul 2013 12:19
9 July 2013
REPLACEMENT
Please note that the announcement released on 8 July 2013 (RNS No: 8306I) showed the average price of notes acquired as 93. This should read 92. Please see below the updated announcement. All other information remains unchanged.
Shanta Gold Limited
("Shanta Gold" or the "Company")
Holding(s) in Company
Shanta Gold, the East African focused gold producing company, announces 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 on 4 July 2013:
Adviser | 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 | 1,000,000 | 92 (par value of 100) | 1,940,000 | 15,444,088 | 19,817,728 |
-ENDS-
Enquiries:
Shanta Gold Limited Tel: +255 (0) 22 2601 829Mike Houston, CEOEdward Johnstone, FD
Nominated Adviser and BrokerLiberum Capital Limited Tel: + 44 (0)20 3100 2000Michael Rawlinson / Tom Fyson / Christopher Kololian
Financial Public RelationsFTI Consulting Tel: +44 (0)20 7269 7100Oliver Winters / Sara Powell
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. 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)