Business
Correction - Issue of Equity
Correction - Issue of Equity.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n RNS Number : 2730H Anglo Asian Mining PLC 03 November 2008 \n \n\n\n\n\nFor Immediate Release\n\n\n3 November 2008\n\n\n\n\n\nThe following replaces the announcement entitled 'Issue of Equity' released at 07:00 on 3 November 2008 under RNS Number 2400H. It is identical to the said earlier announcement save in respect of the shareholding of Richard Round.\n\nANGLO ASIAN MINING PLC\n('Anglo Asian' or 'the Company')\nIssue of shares \n\nAnglo Asian Mining PLC (AIM:AAZ) announces that, in line with previous quarters, the following Ordinary Shares have been issued to Directors in lieu of salary/fees for the period 1 August 2008 to 31 October 2008, using the closing share price on 31 October 2008 of 5.95p. \n\nThe Directors have chosen to take shares in lieu of salary/fees in order to preserve the cash in the Company for the Gedabek project.\n\n\n\n\n\n\n\n\nNumber of Ordinary Shares awarded\n\n\nResulting number of Ordinary Shares held\n\n\n% holding of Ordinary Shares with voting rights\n\n\n\n\nResource Capital Fund III L.P.*\n\n\n58,840\n\n\n6,387,421\n\n\n6.22\n\n\n\n\nJohn Sununu\n\n\n75,630\n\n\n9,836,300\n\n\n9.58\n\n\n\n\nReza Vaziri\n\n\n357,151\n\n\n30,689,278\n\n\n29.88\n\n\n\n\nKhosrow Zamani\n\n\n42,017\n\n\n143,834\n\n\n0.14\n\n\n\n\nRichard Round\n\n\n49,821\n\n\n132,872\n\n\n0.13\n\n\n\n\nTotal\n\n\n583,459\n\n\n\n\n\n\n\n\n\n\n\n \n* these shares have been awarded to RCF Management LLC \n\nApplication will be made for the new Ordinary Shares of Anglo Asian Mining PLC to be admitted to trading on AIM. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in the Company and trading of these shares on AIM is expected to commence on 7 November 2008.\n\nThe total number of Ordinary Shares with voting rights following this issue is 102,721,921.\n\nFor further details, please contact: \n\n\n\n\n\nAnglo Asian Mining PLC\n\n\n\n\n\n\n\nKhosrow Zamani, Chairman \n\n\n+90 5558551943\n\n\n\n\nReza Vaziri, Acting Chief Executive\n\n\n+994 12 5963350\n\n\n\n\nAndrew Herbert, Chief Financial Officer\n\n\n+994 12 5963350\n\n\n\n\n\n\n\n\n\n\n\n\nNumis Securities Limited\n\n\n\n\n\n\n\nJohn Har...