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Issue of Equity

19th May 2008 10:32

RNS Number : 7498U
Coal of Africa Limited
19 May 2008
 



Coal of Africa Limited

Issue of options

Coal of Africa Limited ("CoAL") announces that it has today issued 850,000 options to employees as follows:

600,000 unlisted Class H options exercisable at $1.25 on or before 1 May 2012; and

250,000 unlisted Class B options exercisable at $2.05 on or before 1 May 2012.

Enquiries:

Blair Sergeant - Coal of Africa

+27 11 785 4518

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