KODAL MINERALS PLC

Major Shareholding Notification • Jun 13, 2016

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RNS Number : 0092B

Kodal Minerals PLC

13 June 2016

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

13 June 2016

Kodal Minerals Plc ('Kodal Minerals' or 'the Company')

Holdings in the Company

Kodal Minerals, the mineral exploration and development company, was informed on 10 June 2016 that Mr. David Steinepreis has acquired the direct and indirect interest in an additional 201,851,348 ordinary shares of 0.03125 pence each in Kodal Minerals ("Ordinary Shares") as a result of the distribution of Ordinary Shares by Taruga Gold Limited to its shareholders, as announced by the Company on 3 June 2016 (the "Distribution").  As a result, Mr. David Steinepreis now has a direct and indirect interest in a total of 894,651,348 Ordinary Shares, which is equivalent to approximately 23.70 per cent of the Company's issued share capital. 

Included in the figures above is the shareholding of Pelamis Investments Limited (of which Mr Steinepreis is a shareholder and director) which acquired 16,374,427 Ordinary Shares as a result of the Distribution and now holds 644,174,427 Ordinary Shares, which is equivalent to approximately 17.06 per cent of the Company's issued share capital.  

**ENDS**

For further information, please visit www.kodalminerals.com or contact the following:

Kodal Minerals plc Bernard Aylward, CEO	Tel: +61 418 943 345
Allenby Capital Limited, Nominated Adviser Jeremy Porter/Nick Harriss	Tel: 020 3328 5656
SP Angel Corporate Finance LLP, Financial Adviser & Broker John Mackay/Laura Harrison	Tel: 020 3470 0470
St Brides Partners Ltd, Financial PR Lottie Brocklehurst/Megan Dennison	Tel: 020 7236 1177

This information is provided by RNS

The company news service from the London Stock Exchange

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