TIDMCZA

RNS Number : 5327X

Coal of Africa Limited

22 February 2017

ANNOUNCEMENT 22 February 2017

Holdings in Company

Coal of Africa Limited (the "Company") was notified on 22 February 2017 by M & G Investment Management Limited ("M&G") that, as at 21 February 2017, M&G held 395,136,446 ordinary shares of nil par value each in the Company, representing 17.83 per cent of the Company's issued share capital at that date. The shareholding decreased by 2.1 per cent following the recent placement by the Company to Yishun Brightrise Investment Pte Limited of 240,042,603 shares.

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

AUTHORISED BY:

Tony Bevan

Company Secretary

For more information contact:

 
                    Chief Executive 
 David Brown         Officer              Coal of Africa         +27 10 003 8000 
                    Chief Financial 
 De Wet Schutte      Officer              Coal of Africa         +27 10 003 8000 
 Celeste Riekert    Investor Relations    Coal of Africa         +27 10 003 8000 
                                          Endeavour Corporate    +61 08 9316 
 Tony Bevan         Company Secretary      Services               9100 
 

Company advisors:

 
                            Financial PR (United                            +44 20 7920 
 Jos Simson/Emily Fenton     Kingdom)               Tavistock                3150 
 Matthew Armitt/Ross        Nominated Adviser                               +44 20 7418 
  Allister                   and Broker             Peel Hunt LLP            8900 
 Charmane Russell/Olwen     Financial PR (South     Russell & Associates    +27 11 880 
  Auret                      Africa)                                         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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February 22, 2017 03:22 ET (08:22 GMT)

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