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AEA - African Eagle Resources Plc - Exercise of Share Options

Release Date: 14/01/2011 17:20
Code(s): AEA
Wrap Text

AEA - African Eagle Resources Plc - Exercise of Share Options 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) EXERCISE OF SHARE OPTIONS African Eagle Resources plc ("African Eagle" or "the Company", ticker AIM: AFE; AltX: AEA) announces that employees have exercised share options over a total of 532,000 shares at a price of 6.5p to purchase ordinary shares of one pence each in the Company and the new shares will rank pari passu with the existing shares. Following this exercise, the total number of shares allotted and issued is 385,294,128 and the Company has made application for 532,000 new shares to be admitted to trading on AIM, with dealings expected to commence on 20 January 2011. Bevan Metcalf Company Secretary Sponsor Merchantec Capital 14 January 2011 For further information about the Company, see the Company`s web site www.africaneagle.co.uk or contact one of the following: Bevan Metcalf Finance Director and Company Secretary African Eagle Resources plc, London + 44 20 7248 6059 Jeremy Stephenson Nicola Marrin Seymour Pierce Limited, London Nominated Adviser and Co-broker + 44 20 7107 8000 Guy Wilkes Ocean Equities Limited, London Co-broker + 44 20 7786 4370 Ed Portman / Leesa Peters Tavistock Communications, London + 44 20 7920 3150 + 44 77 3336 3501 begin_of_the_skype_highlighting end_of_the_skype_highlighting end_of_the_skype_highlighting Charmane Russell / Marion Brower Russell & Associates, Johannesburg + 27 11 880 3924 begin_of_the_skype_highlighting + 27 82 892 8052 end_of_the_skype_highlighting end_of_the_skype_highlighting Date: 14/01/2011 17:20:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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