Coal of Africa Limited Issue of Shares and Secondary Trading Notice (7623G)
March 06 2015 - 4:30AM
UK Regulatory
TIDMCZA
RNS Number : 7623G
Coal of Africa Limited
06 March 2015
ANNOUNCEMENT 6 March 2015
ISSUE OF SHARES AND SECONDARY TRADING NOTICE
Coal of Africa Limited ("CoAL" or the "Company") confirms it has
issued a total of 200,000 ordinary shares ("Shares") to three long
term employees of the Company, in accordance with an award by the
Remuneration Committee in 2011.
Application has been made for the Shares to be admitted to
trading on the AIM market of the London Stock Exchange ("AIM").
Admission to trading on AIM is expected to become effective on or
around 10 March 2015. The Shares will rank pari passu with the
Company's existing ordinary shares of nil par value. Application
for quotation of the Shares will also be made to the Australian
Securities Exchange ("ASX") and the Main Board of the JSE
Limited.
Following Admission there will be 1,599,568,613 shares on
issue.
Secondary Trading Notice Pursuant to Section 708A(5)(e) of the
Corporations Act 2001 ("Act")
In accordance with the requirements of section 708A(6) of the
Corporations Act 2001 (Cth) ("Corporations Act"), CoAL notifies ASX
that:
a) the Shares were issued without disclosure to investors under
Part 6D.2 of the Corporations Act;
b) this notice is being given under section 708A(5)(e) of the Corporations Act;
c) as at the date of this notice, CoAL has complied with:
i. the provisions of Chapter 2M of the Corporations Act (other
than section 319 in relation to a financial year ended in the
calendar year 2004) as they apply to CoAL; and
ii. section 674 of the Corporations Act; and
d) as at the date of this notice, there is no information that
is "excluded information" required to be set out in this notice by
virtue of sections 708A(7) and 708A(8) of the Corporations Act.
AUTHORISED BY:
Tony Bevan
Company Secretary
For more information contact:
Chief Executive +27 10 003
David Brown Officer Coal of Africa 8000
Chief Financial +27 10 003
Michael Meeser Officer Coal of Africa 8000
+27 10 003
Celeste Harris Investor Relations Coal of Africa 8000
Endeavour Corporate +61 08 9316
Tony Bevan Company Secretary Services 9100
Company advisors:
Jos Simson/Emily Financial PR +44 20
Fenton (United Kingdom) Tavistock 7920 3150
Chris Sim/George
Price/Jeremy Investec Bank +44 20
Ellis Nominated Adviser plc 7597 5970
Charmane Russell/Jane Financial PR Russell & +27 11
Kamau (South Africa) Associates 880 3924
or
+27 82
372 5816
Investec Bank Limited is the nominated JSE Sponsor
About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and
mining company operating in South Africa. CoAL's key projects
include the Vele Colliery (coking and thermal coal), the Greater
Soutpansberg Project /MbeuYashu, including CoAL's Makhado Project
(coking and thermal coal).
This information is provided by RNS
The company news service from the London Stock Exchange
END
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