2nd May 2006 09:31
International Ferro Metals Limited02 May 2006 2 May 2006 International Ferro Metals Limited ("IFM" or "the Company") Change in Significant Shareholder and Director acquires shares The Company was informed that Afro Pacific Capital Limited ("APCL") has sold offmarket 9,000,000 IFM shares for a total consideration of A$5.4m. The off markettransfer was lodged with the share registry on 28 April 2006. Following thissale APCL is no longer a significant shareholder in the Company. Kin Yip International Limited has acquired 4,500,000 of the above shares offmarket and following this purchase now owns 12,000,000 (2.92%) IFM shares. Notes: 1. Mr S Turner, a director of the Company, is also a director of APCL and owns 28.95% of its issued capital. 2. Mr S Turner, a director of the Company, is a beneficial shareholder of Kin Yip International Limited. For further information please contact:International Ferro Metals LimitedStephen Turner, Managing DirectorMob: +61 418 440 844 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
IFL.L