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Acquisition of Interest in Major Shareholder

14th Aug 2009 16:24

RNS Number : 4967X
BioEnergy Africa Ltd
14 August 2009
 



BioEnergy Africa Ltd / Index: AIM / Epic: BAL / Sector: Renewable Energy

14 August 2009

BioEnergy Africa Limited ('BioEnergy Africa' or 'the Company')

Acquisition of interest in share capital of major shareholder

BioEnergy Africa Limited announces that it has been notified that companies controlled by trusts, the beneficiaries of which include relatives of the Company's directors Phil Edmonds and Andrew Groves, have acquired interests in the share capital of Ashendon Investments Inc which itself has an interest in 136,680,000 ordinary shares in BioEnergy Africa, representing 41.1% of the Company's total issued share capital.

Messrs Edmonds and Groves are not themselves beneficiaries of the trusts and as such their respective notifiable interests in shares in the Company are unaltered.

** ENDS **

For further information please visit www.bioenergyafrica-ltd.com or contact:

Phil Edmonds
BioEnergy Africa Ltd
Tel: 0854 108 6060
Jonathan Wright
Seymour Pierce Ltd
Tel: 020 7107 8000
Hugo de Salis
St Brides Media & Finance Ltd
Tel: 020 7236 1177
Susie Callear
St Brides Media & Finance Ltd
Tel: 020 7236 1177

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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