Holding(s) in Company

RNS Number : 5002M
Galileo Resources PLC
07 May 2015
 

For Immediate Release

7 May 2015

Galileo Resources Plc

("Galileo" or the "Company")

Holding(s) in Company

The Board of Galileo announces that on 7 May 2015 the Company received the following TR-1 notification submitted on behalf of Praetorian Portfolio Holding L.P. and which is set out below without amendment.

For further information, please contact:

Colin Bird, Chairman & CEO

Tel +44 (0) 20 7581 4477 

Andrew Sarosi, Technical Director

 

Tel +44 (0) 1752 221937

 

 

Beaumont Cornish Limited - Nomad

Roland Cornish

 

Tel +44 (0) 20 7628 3396



Beaufort Securities Limited  - Joint Broker

Elliot Hance

 

Tel +44 (0) 20 7382 8416


 

Daniel Stewart & Co - Joint Broker

David Coffman/Colin Rowbury

Tel + 44 (0) 20 7776 6596

 

 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

Galileo Resources plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the
notification obligation:
iii

Praetorian Portfolio Holding L.P.

4. Full name of shareholder(s)
 (if different from 3.):iv


5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

01/05/2015

6. Date on which issuer notified:

07/05/2015

7. Threshold(s) that is/are crossed or
reached:
vi, vii

 4%, 3%

 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect


5,487,000

5,487,000

0

0


0%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights


0%

 

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi











Proxy Voting:

10. Name of the proxy holder:


11. Number of voting rights proxy holder will cease to hold:


12. Date on which proxy holder will cease to hold voting rights:




13. Additional information:



14. Contact name:

Rob King

15. Contact telephone number:

+44 (0) 1481 734181

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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