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AFRICAN EAGLE RESOURCES PLC - Holding(s) in Company

Release Date: 24/07/2013 13:30
Code(s): AEA     PDF:  
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Holding(s) in Company

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”)


Holding(s) in Company


African Eagle received notification yesterday that Coburg Group Plc (“Coburg”) has purchased
78,009,570 ordinary shares of 0.1p each (“Ordinary Shares”) in the Company at a price of 0.15p per
Ordinary Share. In conjunction with the above transaction, Coburg has also acquired 22,574,785
unlisted warrants (“Warrants”) in the Company. The aggregate consideration paid by Coburg for the
Ordinary Shares and the Warrants was £117,014.

Coburg now holds a total of 78,509,570 Ordinary Shares, representing approximately 11.3 per cent of
the issued share capital of the Company. The Warrants carry the right to subscribe for new Ordinary
Shares of African Eagle at 10.2 pence per Ordinary Share any time up to 10 February 2016.


For further information, please visit www.africaneagle.co.uk or contact:

African Eagle Resources plc
Robert McLearon, Managing Director
+44 20 7248 6059

Strand Hanson Limited (NOMAD)
Stuart Faulkner
Angela Hallett
James Dance
+ 44 20 7409 3494

Ocean Equities Limited (Broker)
Guy Wilkes
+44 20 7786 4370

JSE Sponsor
Merchantec Capital

24 July 2013


About African Eagle
African Eagle Resources plc is listed on the AIM Market of the London Stock Exchange (AFE) and
Johannesburg AltX (AEA) stock exchanges.

Date: 24/07/2013 01:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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