Holding in Company

RNS Number : 8589G

Scotgold Resources Ltd

12 June 2013

 



Scotgold Resources Limited

Holding in Company

Scotgold Resources Limited ("Scotgold" or "the Company") (ASX:SGX) (AIM:SGZ) was informed on 11 June 2013 that Mr Shane Sadleir a significant shareholder in Scotgold has disposed through the series of ten on market sales set out in Table 1 below, an aggregate of 5,004,918 ordinary shares in the Company.  Following the disposals the Company believes that Mr Sadleir has a remaining holding of 9,961,063 ordinary shares representing 4.71 per cent. of the Company's issued share capital.  Mr Sadleir's holding is held directly and through Mineral Products Holdings Pty Ltd.

Table 1 - Shane Sadleir transactions in Scotgold ordinary shares

Date of disposal	Number of ordinary shares in the Company sold
17 April 2013	75,000
18 April 2013	1,000,000
19 April 2013	100,000
24 April 2013	1,000,000
26 April 2013	250,000
29 April 2013	500,000
02 May 2013	675,000
09 May 2013	469,218
10 May 2013	15,700
27 May 2013	920,000
Total included on notification	5,004,918

End.

For further information please contact:

United Kingdom:

Scotgold Resources Limited	Westhouse Securities Limited	Bankside Consultants
John Bentley (Chairman) Chris Sangster (CEO)	Richard Baty	Simon Rothschild /Harry Gourlay
Tel: [phone]	Tel: [phone]	Tel [phone]

Australia:

Scotgold Resources Limited	Professional Public Relations
Shane Sadleir (Non-Executive Director)	Belinda Newman
Tel:       [phone] Mobile: [phone]	Tel:       [phone] Mobile: [phone]

 

END

 

 

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