African Eagle Resources PLC African Eagle Resources Plc: Major Interest In Shares
April 10 2014 - 11:00AM
UK Regulatory
TIDMAFE
10 April 2014
African Eagle Resources plc
("African Eagle" or the "Company")
Major Interest in Shares
African Eagle announces that the Company has today been notified that on
9 April 2014 Salkeld Investments Limited, a company wholly owned by Nick
Clarke, sold 140,937,440 ordinary shares of 0.1 pence each in the issued
share capital of the Company ("Ordinary Shares") at a price of 0.225p
per Ordinary Share ("Disposal") to Shoreline Energy International
Limited ("Shoreline").
Number of Number of
Ordinary % of issued Ordinary % of issued
Shares held share capital Shares held share capital
prior to the prior to the following the following the
Name Disposal Disposal (%) Disposal Disposal (%)
Nick Clarke* 228,057,332 26.18 87,119,892 10.00
Shoreline nil nil 140,937,440 16.18
*The table above shows Nick Clarke's total beneficial shareholding in
the Company before and after the Disposal held by Salkeld Investments
Limited.
Mr Kola Karim has an interest in and is Group Managing Director and
Chief Executive Officer of Shoreline Energy International.
For further information please visit www.africaneagle.co.uk or contact
the following:
Enquiries:
African Eagle Resources plc Tel: +44 (0) 20 7002 5361
Robert McLearon, Managing Director
Beaumont Cornish Limited (Nominated Adviser) Tel: +44 (0) 207 628 3396
Roland Cornish
Emily Staples
Pareto Securities Limited (Broker) Tel: +44 (0) 20 7786 4370
Guy Wilkes
About African Eagle
African Eagle Resources plc is quoted on the AIM Market of the London
Stock Exchange (AFE) and Johannesburg AltX (AEA) stock exchanges.
ENDS
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: African Eagle Resources PLC via Globenewswire
HUG#1776498
http://www.africaneagle.co.uk/
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