e mail

- 28 Aug'07 - 01:13 - 1407 of 1407


Here is a reply to me from AIMR regarding holdings of shares by S Jones, J P Morgan and N/S. These parties are seemingly still in the gameI apologise for the delay in responding to your query.





The disclosed substantial shareholder holdings in AIM Resources Ltd are as follows:



(i) North Sound Legacy Capital LLC 12.02% (21/03/07)

(ii) SN Jones 7.5% (19/06/07)

(iii) JP Morgan Chase & Co (9.22%)



These disclosures are in relation to shareholdings > 5% in the company and are required disclosures under Australian Corporations Law. Substantial shareholders are required to notify the ASX and/or the company when there is a beneficial shareholding >5% in a listed company.



The announcement made on AIMR on 17 August 2007 is a requirement under the AIM listing rules and relates to significant shareholdings >3% (AIM listing definition). Unfortunately we don’t have a detailed breakdown of the beneficial shareholdings > 3%, and therefore the AIM announcement represents shareholdings > 3% as listed on our Australian and London shareholder registers. As you will appreciate a number of shareholdings are held through nominee companies, including the substantial shareholder holdings noted above.



We are currently in the process of instigating a shareholder tracing program as allowed under Australian Corporations Law to enable us to better identify beneficial shareholdings in the company.

I hope this clarifies the announcement for you.


Chris Brown
AIM Resources
Level 2, Suite 201
80 William Street
Sydney, NSW 2011