Holding(s) in Company
16 December 2009
The Board of SNR was notified on the 15 December 2009 that on the 02 December 2009 RAB Capital plc, acting as discretionary manager of RAB Energy Fund Limited and RAB Octane Fund Limited, acquired an indirect interest in 3,420,000 ordinary shares in the Company. Following this acquisition, RAB Capital has a total indirect interest in 6,778,333 ordinary shares in the Company, equivalent to 9.05 per cent. of the total issued share capital of SNR. The shares are registered in the name of Credit Suisse Client Nominees (UK) Limited.
Jeremy Metcalfe, Chief Executive of SNR, said; "I am delighted that RAB Capital have decided to increase their holding in SNR which, alongside Coal of Africa's recent share purchase, is a great endorsement."
For further information, please contact:
Strategic Natural Resources plc
David Nel, Chief Executive Officer
+27 (0) 41 374 0842
Jeremy Metcalfe, Communications Director
+44 (0)7785 346 718
Nominated Adviser and Joint Broker - Allenby Capital Limited
Nick Naylor / Alex Price / James Reeve
+44 (0) 20 3328 5656
Joint Broker - SP Angel Corporate Finance Limited
Emin Eyi / Tercel Moore
+44 (0) 207 647 9646
FTI Consulting
Ben Brewerton / Georgia Mann
+44 (0)207 831 3113