Directors' Shareholdings and Issue of Equity
(Thomson Reuters ONE) - Shanta Gold Limited ('Shanta Gold' or 'the Company')Directors' Shareholdings and Issue of EquityShanta Gold announces that application has been made for 351,071 newordinary shares of 0.01p each in the Company to be admitted totrading on the AIM market of the London Stock Exchange. Further tothe announcement on 30 June 2009 (providing for certain Directors toaccept shares in the Company in lieu of salary), the shares wereallotted to certain directors of the Company on 10 December 2009 inlieu of salaries for the months of October and November 2009 inrelation to Mr Walton Imrie, Mr Walter Vorwerk and Mr David Scott.Shares have been allotted to directors as follows:+-------------------------------------------------------------------+| Director | Shares | Share | Resultant | Resultant % || | Issued | Price | Holding | ||--------------+------------+----------+--------------+-------------|| Walton Imrie | 119,724 | 7.63p | 8,818,237 | 8.50% ||--------------+------------+----------+--------------+-------------|| Walter | 127,948 | 7.63p | 358,224 | 0.35% || Vorwerk | | | | ||--------------+------------+----------+--------------+-------------|| David Scott | 103,399 | 7.63p | 247,136 | 0.24% |+-------------------------------------------------------------------+The shares were issued at the closing mid-market price on the lastbusiness day of the calendar month and converted at the exchange rateruling at the close of business on that date.The new shares will rank pari passu with existing ordinary shares anddealings are expected to commence in the new ordinary shares on 17December 2009.Following the allotment of the above new ordinary shares, theCompany's issued share capital will be 103,749,198 ordinary shares of0.01p each.For further information, please contact:Shanta Gold LimitedWalter Vorwerk Tel: +27 (0) 83 308 0080Fairfax I.S. PLCEwan Leggat / Laura Littley Tel: +44 (0) 207 598 5368---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 11.12.2009 - 08:34 Uhr
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News-ID 1007882
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