Tiger Resource PLC Disposal of shares in Anglo American Plc

Fecha : 02/07/2019 @ 11:42
Fuente : UK Regulatory (RNS & others)
Emisora : Tiger Resource Plc (TIR)
Cotización : 0.15  0.0 (0.00%) @ 02:00
Tiger Resource Cotización de acciones Gráfica

Tiger Resource PLC Disposal of shares in Anglo American Plc

Tiger Resource (LSE:TIR)
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RNS Number : 2711E

Tiger Resource PLC

02 July 2019

For immediate release

2 July 2019

Tiger Resource plc

("Tiger " or The "Company")

Disposal of shares in Anglo American Plc

Tiger Resource Plc is pleased to announce that the Company sold 11,500 Anglo American Plc ("Anglo") shares on 1 July 2019 realising net proceeds of GBP258,646.67. The disposal proceeds will be used both as general working capital for the Company and to target new investments in the natural resource sector.

Anglo American plc is a multinational mining company based in Johannesburg, South Africa and London, United Kingdom. It is the world's largest producer of platinum, with around 40% of world output, as well as being a major producer of diamonds, copper, nickel, iron ore and metallurgical and thermal coal. The company has operations in Africa, Asia, Australasia, Europe, North America and South America.

Tiger received dividend income totaling GBP8,803.68 from Anglo in the year ended 31 December 2018.

For further information please contact:

 
 Tiger Resource Finance 
  Plc                        Raju Samtani, Director          +44 (0)20 7581 4477 
                             Roland Cornish 
 Beaumont Cornish (Nomad)     Felicity Geidt                 +44 (0)20 7628 3369 
  Email:corpfin@bcornish.co.uk 
 

Novum Securities Plc Jon Belliss +44 (0)20 7399 9425

(Broker)

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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July 02, 2019 12:42 ET (16:42 GMT)

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