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Friday 03 July, 2009

Mwana Africa PLC

Purchase of Shares by Directo

RNS Number : 0548V
Mwana Africa PLC
03 July 2009
 





Mwana Africa plc (the 'Company')


Purchase of shares by Director


London, 3 July 2009 - O2 July 2009, the Company was notified that on the same dayKalaa 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  


 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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