BAL Bioenergy AF.(See LSE:SBLM)

 

TIDMBAL 
 
RNS Number : 7402S 
BioEnergy Africa Ltd 
22 May 2009 
 

BioEnergy Africa Ltd / Index: AIM / Epic: BAL / Sector: Renewable Energy 
22 May 2009 
BioEnergy Africa Ltd ('BioEnergy Africa' or 'the Company') 
Holdings in Company 
 
 
BioEnergy Africa Ltd, the AIM listed company formed to develop the production of 
ethanol from sugar cane projects in southern Africa, was notified on 22 May 2009 
that Ashendon Investments Inc. ('Ashendon') purchased 50,000,000 ordinary shares 
in the Company from Central African Mining & Exploration Company Plc ('CAMEC') 
on 22 May 2009. 
 
 
Following this acquisition Ashendon has an interest in 136,680,000 ordinary 
shares representing approximately 41.1% of the Company's total voting rights. 
CAMEC now holds 48,500,000 ordinary shares in the Company representing 
approximately 14.6% of the total voting rights. 
 
 
The existing lock in agreement entered into by Ashendon on 13 August 2008 will 
continue to apply, to the whole of Ashendon's interest in the Company, until 1 
September 2009. 
 
 
** ENDS ** 
 
 
For further information please visit www.bioenergyafrica-ltd.com or contact: 
+-------------------+----------------------------+-----------------------+ 
| Andrew Groves     | BioEnergy Africa           | Tel: +44 (0) 845 108  | 
|                   |                            | 6060                  | 
+-------------------+----------------------------+-----------------------+ 
| Jonathan Wright   | Seymour Pierce Ltd         | Tel: +44 (0) 20 7107  | 
|                   |                            | 8000                  | 
+-------------------+----------------------------+-----------------------+ 
| Sarah Jacobs      | Seymour Pierce Ltd         | Tel: +44 (0) 20 7107  | 
|                   |                            | 8000                  | 
+-------------------+----------------------------+-----------------------+ 
| Hugo de Salis     | St Brides Media & Finance  | Tel: +44 (0) 20 7236  | 
|                   | Ltd                        | 1177                  | 
+-------------------+----------------------------+-----------------------+ 
| Susie Callear     | St Brides Media & Finance  | Tel: +44 (0) 20 7236  | 
|                   | Ltd                        | 1177                  | 
+-------------------+----------------------------+-----------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLUUASRKNRVUAR 
 

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