| Tue 20 May 2008, 15:30 | | AEA - African Eagle Resources Plc - Directors deal |
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AEA
AEA
AEA - African Eagle Resources Plc - Directors dealings and holdings in company
African Eagle Resources Plc
(Incorporated in England and Wales, registered number 3912362)
AIM share code: AFE & AIM ISIN: GB0003394813
JSE share code: AEA & JSE ISIN: GB0003394813
DIRECTORS DEALINGS AND HOLDINGS IN COMPANY
African Eagle ("the Company", ticker AIM: AFE and AltX: AEA) announces that the
following Directors have exercised share options to purchase shares in the
Company: Mr John Park exercised options to purchase 100,000 shares at 8p; and Mr
Euan Worthington exercised options to purchase 100,000 shares at 8p. The dealing
took place on the 20 May 2008.
On completion of these transactions Mr Park and his wife will hold 5,726,801
shares, equivalent to 2.69% of the total shares in issue and Mr Worthington will
hold 360,000 shares, equivalent to 0.17% of the total shares in issue.
Following this exercise, the total number of shares allotted and issued is
212,540,128 and the Company has made application for 200,000 new shares to be
admitted to trading on AIM, with dealings expected to commence on 27 May 2008.
Bevan Metcalf
Company Secretary
African Eagle Resources plc
For further information, see the Company`s web site www.africaneagle.co.uk or
contact one of the following:
Bevan Metcalf
Finance Director
+44 20 7248 6059
+44 77 5640 6899
Date: 20/05/2008 15:30:03 Produced by the JSE SENS Department.
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