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Titanium Resources (SRX)

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Thursday 17 December, 2009

Titanium Resources

Significant Shareholders

RNS Number : 2971E
Titanium Resources Group Ltd
17 December 2009
 



Titanium Resources Group

Significant Shareholders 

17 December 2009: Titanium Resources Group ("TRG" or "the Company") announces that following the placing of 151,200,000 new shares to raise US$25 million the Company has total issued 
share capital of 385,864,075 shares. 


The table below includes, in so far as the company is aware, the identity and percentage holdings of its significant shareholders:


Shareholder

Number of ordinary shares

Percentage holding

Mr. Jean-Raymond Boulle

114,981,497

29.80%

M&G Investment Management Limited

57,875,000

14.99%

JPMorgan Asset Management Limited

34,700,276

8.99%

Leopard Titanium Limited*

31,459,856

8.15%

Octopus Investments

12,000,000

3.11%

*A company wholly owned by Mr Jean-Raymond Boulle

ENDS

For further information: 


Titanium Resources Limited

John Sisay, Chief Executive 

Walter Kansteiner, Non-executive Chairman 

Tel: +44 (0) 207 321 0000 


Arbuthnot Securities 

Nominated Adviser & Broker

John Prior  

Tel: +44 (0) 20 7012 2000


Aura Financial

Michael Oke / Andy Mills

Tel: +44 (0) 207 321 0000 


Titanium Resources Group 

Titanium Resources Group operates the Sierra Rutile mine in the Republic of Sierra Leone, through its subsidiary Sierra Rutile Limited. The Group is the country's largest private sector employer and produces rutile and ilmenite for use in industrial applications. The Group's operations historically 
accounted for over 65 per cent of the exports of Sierra Leone.


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