21 May 2019 07:00
21 May 2019
EDENVILLE ENERGY PLC
("Edenville" or the "Company")
Holding(s) in Company
Edenville Energy Plc (AIM: EDL), the AIM quoted company developing a coal project in southwest Tanzania, announces that following the Second Admission of the 2,050,000,000 Firm Placing Shares on 20 May 2019, it has been advised that Oliver Stansfield and Neal Griffith have both increased their respective shareholdings from the previously disclosed 62,500,000 shares of 0.02p ("Ordinary Shares") each to 187,500,000 Ordinary Shares each in the Company.
Both individuals are Directors of Brandon Hill Capital Limited, a natural resource focused investor and adviser, which has also now increased its direct interest from the previously disclosed 62,500,000 Ordinary Shares to 662,500,000 Ordinary Shares. Accordingly, the revised combined interest of these three parties is 1,037,500,000 Ordinary Shares, representing 23.51% of the outstanding share capital.
Capitalised terms used but not otherwise defined in this announcement bear the meanings ascribed to them in the Circular which was posted to Shareholders on 29 April 2019.
For further information please contact:
Edenville Energy Plc Jeff Malaihollo - Chairman Rufus Short - CEO
| +44 (0) 20 3934 6630 |
SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker) David Hignell Jamie Spotswood Abigail Wayne
| +44 (0) 20 3470 0470 |
Brandon Hill Capital Ltd (Joint Broker) Oliver Stansfield, Jonathan Evans | +44 20 7936 5200 |
IFC Advisory Limited (Financial PR and IR) Tim Metcalfe Graham Herring Heather Armstrong | +44 (0) 20 3934 6630 |
EDL.L (EDL)