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Directors’ Dealings

Published: 2022-11-14 08:10:32 ET
<<<  go to JSE:MCZ company page
MC Mining Limited
    Previously Coal of Africa Limited
    (Incorporated and registered in Australia)
    Registration number ABN 008 905 388
    ISIN AU000000MCM9
    JSE share code: MCZ
    ASX/AIM code: MCM




14 November 2022

                                       DIRECTORS’ DEALINGS
MC Mining Limited (MC Mining or the Company) has been notified that, following the successful
conclusion of its fully underwritten renounceable rights offer, as announced on 4 November 2022 (the
Rights Issue), and admission to trading of the new ordinary shares on 9 November 2022, the interests
of two of the Company’s non-executive directors, namely Mr Mathews Senosi and Mr Brian He Zhen,
has changed.

•     Senosi Group Investment Holdings Proprietary Limited (SGIH), an entity that is owned and
      controlled by Mr Mathews Senosi, a non-executive director of the Company, acquired an
      additional 56,993,546 new ordinary shares under the Rights Issue. Following this, SGIH holds a
      total of 95,357,4555 ordinary MC Mining shares, representing 23.98% of the Company’s issued
      capital.
•     A consortium of six parties (collectively the Dendocept Group) comprising companies, trusts and
      individuals acquired a total of 84,596,739 new ordinary MC Mining shares as a result of the Rights
      Issue. Golden Archer Investment (Pty) Ltd (Golden Archer) formed part of the Dendocept Group
      and Mr Brian He Zhen, a non-executive director of the Company, indirectly acquired 264,845
      ordinary MC Mining shares through his interest in Golden Archer. This interest equates to a 0.07%
      interest in MC Mining.

Further details are provided in the below PDMR Notification Forms, announced in accordance with
Article 19 of the Market Abuse Regulation (EU) 596/2014 as it forms part of United Kingdom domestic
law by virtue of the European Union (Withdrawal) Act 2018, as amended.

Further details on the holdings are available on the Company’s website www.mcmining.co.za.

For and on behalf of

MC Mining Limited

Tony Bevan
Company Secretary
For more information contact:

 Tony Bevan                   Company Secretary       Endeavour Corporate Services   +61 08 9316 9100

 James Harris / James Dance   Nominated Adviser       Strand Hanson Limited          +44 20 7409 3494

 Rory Scott                   Broker (AIM)            Tennyson Securities            +44 20 7186 9031

 Marion Brower                Financial PR (SA)       R&A Strategic Communications   +27 11 880 3924

 Investec Bank Limited is the nominated JSE Sponsor


About MC Mining
MC Mining is an AIM/ASX/JSE-listed coal exploration, development and mining company operating in South
Africa. MC Mining’s key projects include the Uitkomst Colliery (metallurgical and thermal coal), Makhado Project
(hard coking coal), Vele Colliery (semi-soft coking and thermal coal), and the Greater Soutpansberg Projects
(coking and thermal coal).




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