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ANNOUNCEMENT 12 March 2014
Director Share Purchases
Coal of Africa Limited (the "Company") advises that it was informed on 12 March 2014, that David Brown and Michael Meeser, both Executive Directors of the Company purchased ordinary shares of no par value in the Company ("Ordinary Shares"). Further details are set out below:
David Brown, an Executive Director and the Chief Executive Officer of the Company acquired
100,000 shares at an average price of R0.9812 (5.41 pence) on 12 March 2014. Following this acquisition Mr Brown is now the beneficial owner of 250,000 shares representing 0.02% of the
Company's issued share capital.
Michael Meeser, an Executive Director and Chief Financial Officer of the Company acquired
100,000 shares at an average price of R0.9535 (5.26 pence) on 11 March 2014. Following this acquisition Mr Meeser is now the beneficial owner of 300,000 shares representing 0.03% of the
Company's issued share capital.
For more information contact:
Company advisors:
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).
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Coal Of Africa Ltd.
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CODE : CZA.AX |
ISIN : AU000000CZA6 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Coal Of Africa est une société développant des projet miniers de charbon basée en Australie. Coal Of Africa détient divers projets d'exploration en Afrique Du Sud. Ses principaux projets en exploration sont HOLFONTEIN PROJECT, MAKHADO et MOOIPLAATS en Afrique Du Sud. Coal Of Africa est cotée au Royaume-Uni, en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,6 milliards AU$ (1,2 milliards US$, 1,0 milliards €). La valeur de son action a atteint son plus haut niveau récent le 23 juillet 2010 à 1,98 AU$, et son plus bas niveau récent le 26 décembre 2014 à 0,03 AU$. Coal Of Africa possède 2 216 050 176 actions en circulation. |