3rd Jul 2009 07:00
Mwana Africa plc (the "Company")
Purchase of shares by Director
London, 3 July 2009 - On 2 July 2009, the Company was notified that on the same day, Kalaa Mpinga, CEO of the Company, purchased 1,000,000 ordinary shares at the price of 5.581p per share.
Kalaa Mpinga, also has ultimate control of all of the voting rights attaching to the 16,227,260 Ordinary Shares currently held by Palanka Ventures Limited, a company which is ultimately controlled by Deutsche Bank International Trust Company (Cayman) Limited as trustee of Palanka Trust, as well as the 19,981,415 Ordinary Shares held by the trustees of the Kalaa Katema Mukubayi Trust.
Following this transaction, Kalaa Mpinga now has control of the voting rights attached to 37,208,675 Ordinary Shares amounting to 9.35 per cent of the total voting rights attached to the issued share capital of the Company, being 397,767,219 Ordinary Shares.
Enquiries:
Oliver Baring, Executive Chairman Tel: 020 7654 5580
Mwana Africa plc
Tom Randell / Anca Spiridon Tel: 020 7653 6620
Merlin
Mike Jones/ Ryan Gaffney Tel: 020 7050 6500
Canaccord Adams Limited
Related Shares:
Asa Resources