ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

CAPD Capital Limited

95.60
0.20 (0.21%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Capital Limited LSE:CAPD London Ordinary Share BMG022411000 COMM SHS USD0.0001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 0.21% 95.60 94.60 95.60 95.40 95.40 95.40 377,689 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 318.42M 36.74M 0.1897 5.03 184.79M

Capital Drilling Limited Proposed Legislative Changes in Tanzania (9293J)

03/07/2017 11:40am

UK Regulatory


Capital (LSE:CAPD)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Capital Charts.

TIDMCAPD

RNS Number : 9293J

Capital Drilling Limited

03 July 2017

 
 FOR IMMEDIATE RELEASE   3 July 2017 
 

Capital Drilling Limited

("Capital Drilling", the "Group" or the "Company")

Proposed Legislative Changes in Tanzania

Capital Drilling Limited (CAPD:LN), a leading drilling solutions company focused on emerging and developing markets, notes the recent publication of draft legislation in Tanzania which recommends changes to the legal framework governing the natural resources sector, which is to be debated in the Dar es Salaam Parliament this week. Though the suggested changes to the legislation are principally focused on mining groups and the percentage of local ownership, this legislation also includes suppliers for goods and services to the mining industry in Tanzania. Though the Company's Tanzanian subsidiary, Capital Drilling (T) Ltd, Tanzania, is a 100% Tanzanian company by law, the Company is monitoring the situation closely and will update shareholders in the event there are any potential risks to the Company's business in that country.

For further information, please visit Capital Drilling's website www.capdrill.com or contact:

Capital Drilling Limited +230 464 3250

Jamie Boyton, Executive Chairman investor@capdrill.com

Dewald van Tonder, Chief Financial Officer

finnCap Ltd +44 20 7220 0500

Christopher Raggett, Corporate Finance

Emily Morris/Simon Johnson, Corporate Broking

Tamesis Partners LLP +44 20 3882 2868

Charlie Bendon

Richard Greenfield

Buchanan +44 20 7466 5000

Bobby Morse capitaldrilling@buchanan.uk.com

Gemma Mostyn-Owen

About Capital Drilling

Capital Drilling provides specialised drilling services to mineral exploration and mining companies in emerging and developing markets, for exploration, development and production stage projects. The Company currently owns and operates a fleet of 93 drilling rigs with established operations in Botswana, Chile, Egypt, Ethiopia, Kenya, Mali, Mauritania, Serbia and Tanzania. The Group's corporate headquarters is in Mauritius.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCRJMMTMBJMBFR

(END) Dow Jones Newswires

July 03, 2017 06:40 ET (10:40 GMT)

1 Year Capital Chart

1 Year Capital Chart

1 Month Capital Chart

1 Month Capital Chart

Your Recent History

Delayed Upgrade Clock