8th Nov 2007 11:57
Central Rand Gold Limited08 November 2007 This announcement is an advertisement and not a prospectus. This announcement isnot an offer to sell, or a solicitation of an offer to acquire, securities inthe United States or in any other jurisdiction. Investors should not subscribefor or purchase any transferable securities referred to in this announcementexcept on the basis of information in the prospectus published by Central RandGold Limited in connection with the admission of its ordinary shares to theOfficial List of the United Kingdom Financial Services Authority and to tradingon London Stock Exchange plc's main market for listed securities and inconnection with a secondary listing of such shares on the Main Board of the JSELimited in South Africa. Copies of the prospectus are available on the CRGwebsite http://www.centralrandgold.com. THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN. CENTRAL RAND GOLD LIMITED ('CRG') ADMISSION TO THE OFFICIAL LIST AND COMMENCEMENT OF DEALINGS ON THE LONDON STOCK EXCHANGE 8 November 2007 London, UK - Central Rand Gold ("CRG" or the "Company"), aholding company formed to re-establish commercial gold mining activities in theCentral Rand Goldfield of Johannesburg, is pleased to announce that its ordinaryshares have been admitted to the Official List of the UK Listing Authority andto trading on the main market of the London Stock Exchange (ticker code:CRND.L). The Company has simultaneously listed its shares on the Main Board ofthe Johannesburg Stock Exchange (ticker code: CRD.J). Central Rand Gold's IPO raised £75 million at 125p per share, which gives amarket capitalisation of £308 million on listing. The shares were placed with abroad range of institutional investors following an international roadshow. Evolution Securities acted as UK Listing Authority sponsor, lead manager andglobal coordinator to the flotation. Macquarie First South acted as sponsor tothe Johannesburg listing and together with RBC Capital Markets acted as co-leadmanager to the flotation. Commenting on today's announcement, Mr. Greg James, Chief Executive Officer,said: "Central Rand Gold's IPO has been a real success despite challenging marketconditions. We look to the future with confidence, as we are sure that ourbusiness has great potential and the success of the IPO shows there are manyinvestors that share our vision for the future of mining in the Central RandGoldfield". ------- Ends ------ For further information please contact: Central Rand Gold:For Greg James, CEO, or Ric Vittino, CFO, or Mike Sullivan, COO please contactNoma Ncube: + 27 115 514 010 Evolution Securities: + 44 20 7071 4330Simon EdwardsNeil Elliot Capital MS&L:Nick Bastin + 44 793 150 0066Jennifer Martin + 44 784 140 1304 Jenni Newman Public Relations (Pty) LtdJenni Newman + 27 828 828 888Megann Outram + 27 833 207 577 Notes to editors: About Central Rand Gold Central Rand Gold Limited is the holding company for a group of companies. TheGroup's principal operating subsidiary (74% indirectly owned), Central Rand GoldSouth Africa (Proprietary) Limited holds interests in prospecting rights andoperates gold prospecting operations in South Africa. The Group has a number ofprojects in the Central Rand Goldfield located in or near the southern part ofJohannesburg. These projects comprise eight contiguous New Order prospectingrights and a large area comprising a prospecting right application located tothe south and southwest of the New Order prospecting rights. The prospectingrights constitute the central part of the Central Rand Goldfield. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Central Rand Gold