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COAL OF AFRICA LIMITED - Holdings in Company

Release Date: 30/06/2017 14:00
Code(s): CZA     PDF:  
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Holdings in Company

  ("CoAL or the "Company" or the "Group")
  (Incorporated and registered in Australia)
  Registration number ABN 008 905 388
  ISIN AU000000CZA6
  JSE/ASX/AIM share code: CZA


ANNOUNCEMENT                                                                                                                                  30 June 2017

                                                                                   Holdings in Company

Coal of Africa Limited (the “Company") was notified on 30 June 2017 by Investec Asset Management (PTY)
Limited (IAM (PTY) Limited), that as at 30 June 2017, IAM (PTY) Limited held 131,529,499 ordinary shares of
nil par value each in the Company, representing 4.67 per cent of the Company's issued share capital at that
date.

 The shareholding decreased to below 5% and therefore IAM (PTY) Limited is no longer classified as a
substantial shareholder of Company as defined by the ASX listing rules. The decrease in shareholding was
due to the recent shareholder approved share placement of 261,287,625 additional shares issued to Pan
African Resources Plc on 30 June 2017.

Further details on the holding are available on the Company’s website: http://www.coalofafrica.com/



AUTHORISED BY:
Tony Bevan
Company Secretary


For more information contact:
David Brown                                                    Chief Executive Officer                              Coal of Africa                    +27 10 003 8000
De Wet Schutte                                                 Chief Financial Officer                              Coal of Africa                    +27 10 003 8000
Celeste Riekert                                                Investor Relations                                   Coal of Africa                    +27 10 003 8000
Tony Bevan                                                     Company Secretary                                    Endeavour Corporate Services      +61 08 9316 9100

Company advisors:
Jos Simson/Emily Fenton                                        Financial PR (United Kingdom)                        Tavistock                       +44 20 7920 3150
Matthew Armitt/Ross Allister                                   Nominated Adviser                                    Peel Hunt LLP                   +44 20 7418 8900

Charmane Russell/Jane Kamau                                    Financial PR (South Africa)                          Russell & Associates            +27 11 880 3924 or
                                                                                                                                                    +27 82 372 5816
Investec Bank Limited is the nominated JSE Sponsor

About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL’s key projects include the Vele
Colliery (coking and thermal coal), the Greater Soutpansberg Project /MbeuYashu, including CoAL’s Makhado Project (coking and thermal coal).


AU: Coal of Africa Limited, Suite 8, 7 The Esplanade, Mount Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9316 5475
ZA: South Block, Summercon Office Park, Cnr Rockery Lane and Sunset Avenue, Lonehill, 2191, Tel: +27 10 003 8000 Fax: +27 11 388 8333 Email: adminza@coalofafrica.com

Bernard R. Pryor – Chairman, David H. Brown – Chief Executive Officer,
Non-executive directors: Peter G. Cordin, Andrew D Mifflin, Khomotso B. Mosehla ,Thabo F Mosololi, Rudolph H. Torlage

Date: 30/06/2017 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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