Anglo Pacific Group PLC: Placing and Open Offer

LONDON, UNITED KINGDOM--(Marketwired - Feb 6, 2015) - Anglo Pacific Group PLC (TSX: APY) (LSE: APF)

Anglo Pacific Group PLC
Firm Placing and Placing and Open Offer of 49,375,000 New Ordinary Shares at an Offer Price of 80 pence per share

Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE: APF) (TSX: APY) is pleased to announce the results of the oversubscribed equity placing announced by the Company on February 4, 2015. A total of 49,375,000 New Ordinary Shares of 2 pence each in Anglo Pacific (the "Placing Shares") have been conditionally placed at an Offer Price of 80 pence per share, to raise aggregate gross proceeds of £39.5 million (approximately US$60 million) (the "Equity Placing"). The Offer Price represents a discount of approximately 3.9 per cent. to the closing middle market price of 83.25 pence per share on February 3, 2015, being the last business day prior to the announcement of the Firm Placing, Placing and Open Offer and a discount of approximately 3.6 per cent. to the closing middle market price of 83 pence per share on February 5, 2015, being the last business day prior to this announcement.

The Placing Shares comprise 26,750,000 Firm Placed Shares and 22,625,000 Conditional Placed Shares. The Placing Shares represent approximately 42.4 per cent. of the Company's issued ordinary share capital prior to the Equity Placing.

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http://www.rns-pdf.londonstockexchange.com/rns/2408E_1-2015-2-6.pdf

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