Source - RNS
RNS Number : 0231J
Coal of Africa Limited
23 June 2017

ANNOUNCEMENT                                                                                                                         23 June 2017

Holdings in Company


Coal of Africa Limited (the "Company") was notified on 23 June 2017 by Summer Trees Pte Ltd ("SummerTrees"), that as at 16 June 2017, SummerTrees held 257,884,615 ordinary shares of nil par value each in the Company, representing 10.1 per cent of the Company's issued share capital at that date.

 SummerTrees is a new shareholder and this is the first placement in the company. The shareholding increased by 10.1 per cent following the recent shareholder approved share placement of 340,245,378 additional shares issued to Yishun Brightrise Pte, M & G Investment Management Ltd., and Summer Trees PTE Limited on the 15 June 2017.

Further details on the holding are available on the Company's website:



Tony Bevan

Company Secretary



For more information contact:

David Brown

Chief Executive Officer

Coal of Africa

+27 10 003 8000

De Wet Schutte

Chief Financial Officer

Coal of Africa

+27 10 003 8000

Celeste Riekert

Investor Relations

Coal of Africa

+27 10 003 8000

Tony Bevan

Company Secretary

Endeavour Corporate Services

+61 08 9316 9100


Company advisors:

Jos Simson/Emily Fenton

Financial PR (United Kingdom)


+44 20 7920 3150

Matthew Armitt/Ross Allister

Nominated Adviser

Peel Hunt LLP


+44 20 7418 8900

Charmane Russell/Jane Kamau

Financial PR (South Africa)          

Russell & Associates      

+27 11 880 3924 or

+27 82 372 5816

Investec Bank Limited is the nominated JSE Sponsor


About CoAL:

CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL's key projects include the Vele Colliery (coking and thermal coal), the Greater Soutpansberg Project /MbeuYashu, including CoAL's Makhado Project (coking and thermal coal).


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