Zanaga Iron Ore Company Limited announces, further to the authority granted to the Company by shareholders at the AGM held on 26th July 2012 to buyback shares, that on 3rd December 2012, the Company purchased 56,011 shares of no par value in the Company at an average price of EUR 0.3404 per share representing 0.02% of the shares in issue.
The 56,011 shares purchased by the Company will be cancelled in due course and the total voting rights in the Company will be reduced to 279,820,330.
The above total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify the Company of their interests in, or a change to their interest in the Company.
Each director of the Company has confirmed that he and his related parties will not sell shares in the Buyback.
