Anglo Pacific Group PLC: Proposed Placing of New Ordinary Shares

LONDON, UNITED KINGDOM -- (Marketwired - Jun 2, 2014) - Anglo Pacific Group PLC (TSX: APY) (LSE: APF) (the "Company") announces today its intention to place up to 5,544,371 new ordinary shares in the Company, representing approximately 5% of the Company's existing issued share capital, with both existing and new institutional investors. The Company may increase the number of new ordinary shares to be placed where there is demand to do so and issue up to 9,806,693 new ordinary shares in the Company in total (the "Placing Shares"), representing approximately 8.8% of the Company's existing issued share capital (the "Placing").

The Placing is being conducted through an accelerated book build process which will be launched immediately following this Announcement, in accordance with the terms and conditions set out in the Appendix. Barclays Bank PLC ("Barclays") and BMO Capital Markets Limited ("BMO" and together with Barclays, the "Banks") are acting as joint bookrunners in connection with the Placing.


THIS ANNOUNCEMENT (INCLUDING THE APPENDIX) AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, JAPAN, JERSEY, SOUTH AFRICA OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES IN THE UNITED STATES, CANADA, SOUTH AFRICA, AUSTRALIA, JAPAN, JERSEY OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.

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http://www.rns-pdf.londonstockexchange.com/rns/5591I_1-2014-6-2.pdf



For further information:

Anglo Pacific Group PLC
+44 (0) 20 3435 7400
Julian Treger - Chief Executive Officer
Mark Potter - Chief Investment Officer
Peter Mason - Company Secretary

Barclays Bank PLC
+44 (0) 20 7623 2323
Chris Madderson/Matthew Bungey

BMO Capital Markets Limited
+44 (0) 20 7664 8020
Jeffrey Couch/Neil Haycock/Tom Rider