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Director Share Transaction

30th Mar 2007 09:26

Mwana Africa PLC30 March 2007 Mwana Africa Plc ('Mwana' or the 'Company') Director Share Transaction London 30th March 2007 - The Board of Mwana (AIM:MWA) announces that on 30 March 2007, it was notified of the following transaction by Directors in the Company's ordinary shares of 10 pence each. On 29 March 2007, Oliver Baring, the Company's Executive Chairman, sold 99,524 ordinary shares in the market at a price of 42.86 pence per share. Subsequently,on 30 March 2007 his pension fund bought 105,476 ordinary shares at 44 pence per share. Following the above transactions, Mr Baring's beneficial interest in the Company has increased by 5,952 ordinary shares, to a total of 905,476. Enquiries: Oliver Baring, Chairman Tel: 020 7654 5588Mwana Africa plc Tom Randell / Maria Suleymanova Tel: 020 7653 6620Merlin Canaccord Adams Limited Tel: 020 7050 6500Mark Williams This information is provided by RNS The company news service from the London Stock Exchange

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