To view the PDF file, sign up for a MySharenet subscription.

MC MINING LIMITED - Holdings in Company

Release Date: 10/02/2020 11:22
Code(s): MCZ     PDF:  
Wrap Text
Holdings in Company

MC Mining Limited
Previously Coal of Africa Limited
(Incorporated and registered in Australia)
Registration number ABN 008 905 388
ISIN AU000000MCM9
JSE share code: MCZ
ASX/AIM code: MCM

ANNOUNCEMENT                                                                               10 February 2020


HOLDINGS IN COMPANY


MC Mining Limited (the “Company" or “MC Mining”) was advised on 4 February 2020 by Yishun Brightrise
Investment Pte Ltd (“YBI”) that as at 6 December 2019, due to an internal corporate restructuring, YBI was no
longer a substantial holder of ordinary shares in the Company.


All of YBI’s interest in the Company, being 21,413,462 ordinary shares of nil par value, representing 15.2% of the
Company's issued share capital, was transferred to Ying He Yuan Investment (S) Pte Limited (“YHYI”) on that
date. There was no change in beneficial ownership and YBI’s shareholder representative on the Company’s
board, Mr Brian He Zhen, will remain a director of MC Mining as YHYI’s representative.


Further details on the holding are available on the Company’s website: http://www.mcmining.co.za


AUTHORISED BY:
Tony Bevan
Company Secretary




For more information contact:
Brenda Berlin                     CFO and Acting CEO          MC Mining Limited           +27 10 003 8000
Tony Bevan                        Company Secretary           Endeavour Corporate         +61 08 9316 9100
                                                              Services

Company advisors:
Ross Allister/David McKeown        Nominated Adviser and       Peel Hunt LLP              +44 20 7418 8900
                                   Broker
Charmane Russell/Olwen Auret       Financial PR (South Africa) R&A Strategic              +27 11 880 3924
                                                               Communications
Investec Bank Limited is the nominated JSE Sponsor
About MC Mining Limited:
MC Mining is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. MC
Mining’s key projects include the Uitkomst Colliery (metallurgical coal), Makhado Project (hard coking coal and a thermal
coal by-product). Vele Colliery (coking and thermal coal), and the Greater Soutpansberg Projects (coking and thermal coal).




                                                                                                                         
1.   Details of the person discharging managerial responsibilities / person closely associated
a.   Name                                             Ying He Yuan Investment (S) Pte Limited
2.   Reason for the notification
a.   Position/status                                  Substantial shareholder
b.   Initial notification/Amendment                   6 February 2020
3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or
     auction monitor
a.   Name                                             MC Mining Limited
4.   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each
     type of transaction; (iii) each date; and (iv) each place where transactions have been
     conducted
a.   Description of the Financial instrument,         Ordinary share
     type of instrument Identification code
b.   Nature of the transaction                        Internal corporate restructuring
c.   Price(s) and volume(s)                             Price(s)                 Volume(s)
                                                        GBP0.27 per share        23,413,462
d.   Aggregated information

            •    Aggregated volume                  23,413,462

            •    Price                              GBP0.27 per share

e.   Date of the transaction                        6 December 2019
f.   Place of the transaction                       London, United Kingdom




                                                                                                

Date: 10-02-2020 11:22:00
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.

Share This Story