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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Pangea Diamond | LSE:PDF | London | Ordinary Share | GB00B197TQ75 | ORD USD0.005 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.375 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMPDF
RNS Number : 5874J
Pangea DiamondFields PLC
01 April 2010
1 April 2010
AIM: PDF
Pangea DiamondFields plc
('Pangea' or the 'Company')
Completion of Disposal of Efidium Limited
Further to the granting of shareholder approval on 26 March 2010 for the sale of
Efidium Limited to International Gold Exploration AB ('IGE') (the 'Disposal'),
Pangea is pleased to announce that the Disposal has formally completed and
495,399,057 new IGE shares will now be issued to Pangea as consideration (the
'Consideration Shares'). The Consideration Shares represent approximately 38.4
per cent of IGE's issued share capital.
As previously announced, the Company will shortly issue a circular to convene an
extraordinary general meeting of the Company. The circular will seek shareholder
approval for the commencement of a members' voluntary liquidation process to
distribute the Consideration Shares to shareholders, in addition to the
cancellation of the Company's admission to trading on the AIM market of the
London Stock Exchange.
Further information:
+----------------------+------------------------+-----------------------+
| Pangea DiamondFields | Ambrian Partners | Walbrook PR Ltd |
| plc | Limited | |
| | | |
+----------------------+------------------------+-----------------------+
| Boris Kamstra | Richard Brown / | Louise Goodeve / Leah |
| | Richard Greenfield | Kramer |
+----------------------+------------------------+-----------------------+
| T: +27 11 438 4100 | T: +44 (0) 20 7634 | T: +44 (0) 20 7933 |
| | 4700 | 8780 |
| | | |
+----------------------+------------------------+-----------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISUAORRRUAOOUR
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