REG - Tiger Resource PLC - Disposal of shares in Anglo American Plc

Tiger Royalties and InvestmentsAnnouncement

02/07/2019 17:45

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 £258,646.67.  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 £8,803.68 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




Beaumont Cornish (Nomad)


Roland Cornish
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.
 
 




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