Business
Change in substantial shareholdings
Change in substantial shareholdings.
About this update from Altyngold Plc
[{"type":"text","content":"\n \nRNS Number : 1280C Altyn PLC 17 January 2018 \n\n 17 January 2018\n \nAltyn Plc\n(\"Altyn\" or the \"Company\")\n \n Change in substantial shareholdings \nAfrican Resources Limited, who is the majority shareholder owning 1,440,076,040 shares, comprising 61.69% of the issued share capital of the Company has purchased 117,730,632 shares from the shareholders of Blackwill Trade Limited at a price of £0.03 per share. \nThis is at a substantial premium of over 200% above the current share price.\nDetails of the Directors in the Company who have an interest in African Resources Limited, can be found in the notification of dealing form which can be found below.\nThis will increase the shareholding of African Resources Limited to 1,557,806,672 shares representing 66.73% of the issued share capital.\n \nAidar Assaubayev, CEO of Altyn Plc commented:\n\"The purchase of the share capital of Blackwill Trade Limited by the majority shareholder demonstrates their commitment to the Company and their strong belief in the potential returns to be achieved in the future\".\nFurther Information:\nFor further information please contac...