TIDMCZA

RNS Number : 8117Z

Coal of Africa Limited

22 September 2015

ANNOUNCEMENT 22 September 2015

Holdings in Company

Coal of Africa Limited (the "Company") was notified on 18 September 2015 by M & G Investment Management Limited ("M&G") that, as at 18 September 2015, M&G held 346,128,850 ordinary shares of nil par value each in the Company, representing 17.96 per cent of the Company's issued share capital at that date. The shareholding decreased by 1.91 per cent following the recent shareholder approved share placement of 183,231,261 additional shares issued to Yishun Brightrise Investment PTE Limited on the 18th of September 2015.

Further details on the holding are available on the Company's website: http://www.coalofafrica.com/

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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September 22, 2015 07:00 ET (11:00 GMT)

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