THE AFRIKANDER LEASE LIMITED - MAJOR CHANGES TO AFLEASE SHAREHOLDING
THE AFRIKANDER LEASE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1921/006955/06)
Share code: AFL ISIN: ZAE000000253
Major changes to Aflease shareholding
Aflease is pleased to announce that additional purchases by offshore funds have
increased the Aflease offshore shareholder base to 65%. Recent acquisitions
have been completed by inter alia Sprott Asset Management and Eastbourne
Capital. Sprott Asset Management has tripled their shareholding in the company
and now holds in excess of 10% of Aflease shareholding.
The company is pleased that investors are now acknowledging the potential of the
company`s uranium and gold assets. A number of recent media articles and
financial news journals continue to highlight the strong supply and demand
fundamentals which continue to underpin the long term price of uranium.
The company`s shareholder profile is now as follows:
Offshore funds and investors - 38%
Trinity - 12%
ADR program - 10%
Jipangu Inc - 6%
Randgold - 4%
SA Institutions - 4%
Kabusha - 3%
Management - 1%
Others - 22%
12 January 2005
Sponsor: Nedbank Capital
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
