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Anglo Asian Mining PLC (ISE:AAZ)

Anglo Asian Mining PLC (ISE:AAZ)


Share Price
81.00 p
Change
1 (1.25 %)
Market Cap
£92.66 m
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Anglo Asian Mining PLC RNS Release

Approval of Capital Reduction by the Court


RNS Number : 1112Z
Anglo Asian Mining PLC
29 August 2018
 

29 August 2018

Anglo Asian Mining plc

Approval of Capital Reduction by the Court

Anglo Asian Mining plc ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer, is pleased to announce that following the announcement made on 29 June 2018, the capital reduction was duly approved by the Court on 28 August 2018.

The capital reduction will enhance the Company's ability to pay dividends to shareholders in the future, as the amount standing to the credit of the Company's Share Premium Account which has been cancelled, will be transferred to distributable reserves.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

**ENDS**

For further information please visit www.angloasianmining.com or contact:

Reza Vaziri

Anglo Asian Mining plc

Tel: +994 12 596 3350

Bill Morgan

Anglo Asian Mining plc

Tel: +994 502 910 400

Stephen Westhead

Anglo Asian Mining plc

Tel: +994 502 916 894

Ewan Leggat

SP Angel Corporate Finance LLP

Nominated Adviser and Broker

Tel: +44 (0) 20 3470 0470

Soltan Tagiev

SP Angel Corporate Finance LLP

Nominated Adviser and Broker

Tel + 44 (0) 20 3470 0470

Lottie Brocklehurst

St Brides Partners Ltd

Tel: +44 (0) 20 7236 1177

Susie Geliher

St Brides Partners Ltd

Tel: +44 (0) 20 7236 1177

 

 

 


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