MC Mining Limited Holding(s) in Company (5456X)
September 01 2020 - 2:00AM
UK Regulatory
TIDMMCM
RNS Number : 5456X
MC Mining Limited
01 September 2020
ANNOUNCEMENT 1 September 2020
HOLDINGS IN COMPANY
MC Mining Limited (the "Company" or "MC Mining") has been
notified by Pan African Resources Plc ("PAR") that as at 24 August
2020, PAR held 15,432,581 ordinary shares of nil par value each in
the Company, representing 9.99 per cent of the Company's issued
share capital at that date.
PAR subscribed for 2,368,199 ordinary shares as part of MC
Mining's 1 7 August 2020 placement of 13,331,433 shares. This
subscription increased PAR's interest in the Company's issued share
capital by 0.73 per cent.
Further details on the holding are available on the Company's
website, http://www.mcmining.co.za.
Authorised by
Tony Bevan
Company Secretary
This announcement has been approved by the Company's Disclosure
Committee.
For more information contact:
Brenda Berlin Acting Chief Executive Officer MC Mining Limited +27 10 003 8000
Tony Bevan Company Secretary Endeavour Corporate Services +61 08 9316 9100
Company advisors:
Ross Allister/David McKeown Nominated Adviser and Broker Peel Hunt LLP +44 20 7418 8900
James Duncan Financial PR (South Africa) R&A Strategic Communications +27 11 880 3924
Investec Bank Limited is the nominated JSE Sponsor
About MC Mining Limited:
MC Mining is an AIM/ASX/JSE-listed coal exploration, development
and mining company operating in South Africa. MC Mining's key
projects include the Uitkomst Colliery (metallurgical coal),
Makhado Project (hard coking coal). Vele Colliery (semi-soft coking
coal), and the Greater Soutpansberg Projects (coking and thermal
coal).
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