News - African Eagle Resources PLC: Cancellation of AIM Listing and change in status of primary listing

11 February 2015

African Eagle Resources PLC
("African Eagle")
AIM:AFE, AltX:AEA

Cancellation of AIM Listing and change in status of primary listing

Further to the announcement of 11 August 2014 that the Company was suspended from trading on AIM ("Suspension"), the Company today announces that, as its Investing Policy has not been implemented within six months of Suspension, trading in the Company's Ordinary Shares on AIM will be cancelled, under the AIM Rules, as from 7:00 a.m. (London time) on Thursday 12 February 2015.  Accordingly, subject to compliance with the relevant requirements of the Listings Requirements of the JSE Limited, the listing status of the Company will change from a primary listing on AIM to a primary listing on the AltX, where the Ordinary Shares are currently suspended. An update will be provided to shareholders in due course.

The Company will no longer maintain a website in accordance with AIM Rules. 

Shareholders who require further information should seek their own personal financial advice immediately from their stockbroker, bank manager, solicitor, accountant or, in respect of UK based shareholders, other independent financial adviser authorised under the Financial Services and Markets Act 2000 (as amended).

For further information:

Enquiries

African Eagle Resources plc                                                Tel: +44 (0) 207 002 5361
Robert McLearon, Finance Director

Beaumont Cornish Limited (Nominated Advisor)              Tel: +44 (0) 207 628 3396
Roland Cornish / Emily Staples

Correspondence Address & Registered Office: 64 New Cavendish Street, London, W1G 8TB, UK
Phone: +44 20 7002 5361 / E-mail: info@africaneagle.co.uk

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