AFRICAN EAGLE RESOURCES PLC - TR-1: Notification of Major Interest in Shares

TR-1: Notification of Major Interest in Shares

African Eagle Resources plc
Incorporated in England and Wales
(Registration number 3912362)
(AIM share code: AFE AIM ISIN: GB0003394813)
(JSE share code: AEA JSE ISIN: GB0003394813)
(“African Eagle” or the “Company”)


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES




Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: African Eagle Resources plc
  
Reason for the notification:
-An acquisition or disposal of voting rights                                      

Full name of person(s) subject to the notification obligation: Allard Services Limited

Date of the transaction and date on which the threshold is crossed or reached: 18 September 2013
         
Date on which issuer notified: 18 September 2013

Threshold(s) that is/are crossed or reached:  11%-21%
                                       
Notified details:
                                   
Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE: Ordinary GB0003394813    

Situation previous to the triggering transaction

-Number of Shares: 78,530,761
-Number of voting rights: 11.32%      
                 
Resulting situation after the triggering transaction

Number of Shares                       
-Direct: 184,245,047

Number of voting rights
-Direct: 184,245,047
-Indirect: nil

% of voting rights
-Direct: 21.15%
-Indirect: nil                                                                                                                                  x
 
Total

Number of voting rights: 184,245,047                                         
Percentage of voting rights:  21.15%

Contact name: Venkat Siva


Contact telephone number: 020 7016 5137



JSE Sponsor
Merchantec Capital

18 September 2013
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