ERE Eredene Cap.

TIDMERE

RNS Number : 8662P

Eredene Capital PLC

22 August 2014

22 August 2014

Eredene Capital PLC ("Eredene" or the "Company")

(a closed ended investment company in infrastructure projects in India, registered in England and Wales with company number 5330839)

Investment Manager dealing

Eredene today announces that on 22 August 2014, Mr. Raju Shukla, Chairman and Managing Director of Ocean Dial Asset Management Limited, the Investment Manager of the Company, purchased 62,644,961 ordinary shares of 10 pence each ('Ordinary Shares') at a price of 3 pence per Ordinary Share from Ruffer LLP.

As a result of this transaction, Mr. Shukla's interest of 62,644,961 Ordinary Shares in the Company, represents 25.44% per cent of the Company's total voting rights. Following the transaction, Ruffer LLP no longer holds any Ordinary Shares in the Company.

Ocean Dial Asset Management Limited (Investment Manager & Administrator)

David Cornell

Robin Sellers

Tel: +44 20 7802 8900

Grant Thornton UK LLP(NOMAD)

Philip Secrett

Jen Clarke

Tel: +44 20 7383 5100

Numis Securities Limited(Broker)

David Benda

Hugh Jonathan

Tel: +44 20 7260 1000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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