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Ashanti Goldfields Company Limited Purchase of Ordinary Shares.


NEW YORK--(BUSINESS WIRE)--July 30, 1998--Ashanti Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated.  announces that pursuant to the authority granted at the Annual General Meeting on 29 April 1998, it intends to make market purchases of up to 5,500,000 of its ordinary shares (approximately 5 per cent of the Company's issued share capital) from time to time depending on market conditions. In accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[]

As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh.
 with the Ghana Ghana, country, Africa
Ghana, officially Republic of Ghana, republic (2005 est. pop. 21,030,000), 92,099 sq mi (238,536 sq km), W Africa, on the Gulf of Guinea, an arm of the Atlantic Ocean. The capital and largest city is Accra.
 Companies Code, 1963 (Act 179), the shares will not be cancelled can·cel  
v. can·celed also can·celled, can·cel·ing also can·cel·ling, can·cels also can·cels

v.tr.
1. To cross out with lines or other markings. See Synonyms at erase.

2.
 but will be held as treasury shares for possible reissue re·is·sue  
v. re·is·sued, re·is·su·ing, re·is·sues

v.tr.
To issue again, especially to make available again.

v.intr.
To come forth again.

n.
1.
 at the Board's discretion.

    CONTACT:  Enquires:
               Ashanti Goldfields:
               Mark Keatley, Chief Financial Officer:
               Tel: (233) 21 778171
               John Grice, Company Secretary
               Tel: (233) 21 774977
               James K Anaman, Corporate Affairs Manager:
               Tel: (233) 21 778178
               Shandwick Consultants:
               John Goold (London):
               Tel: (44) 171 329 0096
               Allan Jordan (New York):
             Tel: (1) 212 697 9191
               Allan Reynolds (Toronto):
               Tel: (1) 416 964 6444
               Terence Maher (Melbourne):
               Tel: (61) 3 9209 9333
NOTE: Mr. Keatley and Mr. Anaman will be in London on 30 and 31
July and can be contacted through Ashanti's London office, Tel: 0171
256 9938.


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Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Article Type:Article
Geographic Code:6GHAN
Date:Jul 30, 1998
Words:181
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