12 July 2013
KEFI Minerals Plc.
("KEFI Minerals" or the "Company")
Director's Subscription
KEFI Minerals Plc, an AIM-quoted gold and copper exploration company with
projects in the Kingdom of Saudi Arabia, is pleased to announce that following
the requisite approvals, Jeff Rayner, the Company's Managing Director has
subscribed for 1,000,000 ordinary shares (the "Subscription Shares") at a price
of 2.1p per ordinary share raising £21,000. This subscription is on the same
terms as the placing announced by the Company on 5 July 2013.
Following the subscription, Jeff Rayner will be interested in 2,533,333
ordinary shares representing 0.5 per cent of the issued share capital following
admission of the Subscription Shares to trading on AIM ("Admission").
Admission and DTR
Application has been made to London Stock Exchange plc for Admission and it is
expected that Admission will become effective and that dealings will commence
in the Subscription Shares on 18 July 2013.
Following Admission, KEFI Minerals will have 498,536,832 ordinary shares in
issue and this is the figure which should be used as the denominator for the
calculations by which shareholders will determine if they are required to
notify their interest in, or a change to their interest in the Company under
the Disclosure and Transparency Rules.
--ENDS--
For further information please contact:
KEFI Minerals plc. +90 533 928 19 13
Jeffrey Rayner
Fox-Davies Capital +44 20 3463 5028
Susan Walker
Bishopsgate Communications +44 207 562 3366
Nick Rome