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:
- A disposal of voting rights
- A disposal of instruments with similar economic effect to qualifying financial instruments
	
Full name of person(s) subject to the notification obligation: International Finance Corporation

Date of the transaction and date on which the threshold is crossed or reached: 22 July 2013

Date on which issuer notified: 23 July 2013

Threshold(s) that is/are crossed or reached: Below 3%


Notified details:


VOTING RIGHTS ATTACHED TO SHARES

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

Situation previous to the triggering transaction	
- Number of Shares: 78,009,570
- Number of Voting Rights: 78,009,570

Resulting situation after the triggering transaction
		
Number of shares 
- Direct: 0	

Number of voting rights	
- Direct: 0
- Indirect: 0

% of  voting rights
- Direct: 0%
- Indirect: 0%


FINANCIAL INSTRUMENTS WITH SIMILAR ECONOMIC EFFECT TO QUALIFYING FINANCIAL INSTRUMENTS

Resulting situation after the triggering transaction

Type of financial instrument: Share warrants
Exercise price: £0.102
Expiration date: 27 January 2016
Exercise/Conversion period: -
Number of voting rights instrument refers to: 22,754,785
% of voting rights:
- Nominal: 0%	
- Delta: 0%


TOTAL:
Number of voting rights: 0	
Percentage of voting rights:0%


JSE Sponsor
Merchantec Capital

23 July 2013


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