Coal of Africa Limited Holding(s) in Company (6936D)

TIDMCZA

RNS Number : 6936D

Coal of Africa Limited

28 April 2017

ANNOUNCEMENT 28 April 2017

Holdings in Company

Coal of Africa Limited (the "Company") was notified on 27 April 2017 by Investec Limited ("Investec") that, as at 22 March 2017, Investec held 131,851,474 ordinary shares of nil par value each in the Company, representing 5.95 per cent of the Company's issued share capital at that date.

The decrease in the percentage shareholding of 1.25 per cent from the last notice dated 29 September 2015, was mainly due to the placement of a total of 289,050,199 shares by the Company to Yishun Brightrise Investment Pte Limited and M&G Investment Management Limited that occurred in February 2017.

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

AUTHORISED BY:

Tony Bevan

Company Secretary

For more information contact:

 
                    Chief Executive                              +27 10 003 
 David Brown         Officer              Coal of Africa          8000 
                    Chief Financial                              +27 10 003 
 De Wet Schutte      Officer              Coal of Africa          8000 
                                                                 +27 10 003 
 Celeste Riekert    Investor Relations    Coal of Africa          8000 
                                          Endeavour Corporate    [phone] 
 Tony Bevan         Company Secretary      Services               9100 
 

Company advisors:

 
 Jos Simson/Emily          Financial PR                        +44 20 
  Fenton                    (United Kingdom)    Tavistock       7920 3150 
 Matthew Armitt/Ross       Nominated Adviser    Peel Hunt      +44 20 
  Allister                  and Broker           LLP            7418 8900 
 Charmane Russell/Olwen    Financial PR         Russell &      +27 11 
  Auret                     (South Africa)       Associates     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).

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEANLPALEXEEF

(END) Dow Jones Newswires

April 28, 2017 06:00 ET (10:00 GMT)