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Goldplat plc (GDP)

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Wednesday 16 May, 2012

Goldplat plc

Director Shareholding

Director Shareholding

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
16 May 2012
Goldplat plc ('Goldplat' or 'the Company')
Director Shareholding

Goldplat plc, the AIM quoted gold producer in Africa, was notified today that Mrs Sonia Moritz wife of the Company's chairman Mr Brian Moritz, has purchased  250,000 ordinary shares at 11.25 pence per share today.  

Further to this purchase, Brian Moritz's beneficial interest in the Company has increased to 1,800,000 ordinary shares representing 1.07% of the total issued share capital of the Company.  

* * ENDS * *

For further information visit www.goldplat.com or contact:

Demetri  Manolis, CEOGoldplat plcTel: +27 (0) 11 423 1203
Ewan Leggat/Katy Birkin           Fairfax I.S. PLC           Tel: +44 (0) 20 7598 5368
Felicity EdwardsSt Brides Media & Finance LtdTel: +44 (0)20 7236 1177

Notes:

Goldplat plc, which has a market cap of circa £20 million, is an AIM-listed profitable, debt free gold producer and mine development company focussed in Africa, which had a strong cash position of in excess of £4.59 million as at 31 December 2011.  The Company has a solid portfolio of assets including two gold recovery operations in South Africa and Ghana, which recover precious metal from by-products of the mining process such as woodchips, fine carbon and waste grease.  For the FY 2011 these operations produced circa 28,000 ounces of gold.  Goldplat also has a producing gold mine in Kenya and two brownfield gold development projects in Ghana and Burkina Faso with near term resource upgrade potential from which it aims to delineate in excess of 1 million ounces of resources by H1 2012.  In line with this, the Company has implemented defined exploration and development programmes across each of its projects with a view to developing multiple profitable mining operations in the near to medium term.  




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Source: Goldplat plc via Thomson Reuters ONE

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