Holding(s) in Company

RNS Number : 7495C
Oriole Resources PLC
02 October 2018
 

Oriole Resources PLC 

('Oriole Resources' or 'the Company')

 

Holding(s) in Company

 

Oriole Resources, the AIM-quoted exploration company operating in Africa and Europe, announces that, following the disposal of 4,000,000 ordinary shares in the Company Hawk Investment Capital's holding has decreased from 4.27% to 3.70%.

 

** ENDS **

For further information please visit www.orioleresources.com, @OrioleResources on Twitter, or contact:

 

Oriole Resources PLC

Tim Livesey / Bob Smeeton / Claire Bay

 

Tel: +44 (0)20 830 9650

Camarco (IR/PR contact)

Gordon Poole / Nick Hennis / Monique Perks

 

Tel: +44 (0)20 3757 4980

Grant Thornton UK LLP

Samantha Harrison / Ben Roberts / Samuel Rowe

 

Tel: +44 (0)20 7383 5100

Hannam & Partners

Neil Passmore / Andrew Chubb

 

Tel: +44 (0)20 7907 8500

Turner Pope Investments (TPI) Ltd

Ben Turner / James Pope / Andy Thacker

Tel: +44 (0)2036214120

 

 

 

Notes to Editors:

 

Oriole Resources PLC is an AIM-listed exploration company, operating in Africa and Europe. It is focused on early-stage exploration in Cameroon and the more advanced Dalafin gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. The Company has a number of interests and royalties in companies operating throughout Africa and Turkey and is assessing new opportunities in both regions.

 

 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

 

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

Oriole Resources PLC

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK Issuer

 

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify)iii:

 

3. Details of person subject to the notification obligationiv

Name

Morton PTC Limited as Trustee of The Morton Family Trust (MFT) and Hawk Investment Holdings Limited (HIHL)

City and country of registered office (if applicable)

HIHL - St Peter Port, Guernsey

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

Name

Hawk Investment Holdings Limited

City and country of registered office (if applicable)

HIHL - St Peter Port, Guernsey

5. Date on which the threshold was crossed or reachedvi:

28/09/2018

6. Date on which issuer notified (DD/MM/YYYY):

02/10/2018

7. Total positions of person(s) subject to the notification obligation

 

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

3.70%

0

3.70%

701,801,276

Position of previous notification (if

applicable)

4.27%

0

4.27%

 

               

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00B0T29327

26,000,000

(HIHL)

 

3.70%

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. A

26,000,000

3.70%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. B 1

 

 

 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8.B.2

 

 

 

 

 

                   

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying)

issuerxiii

 

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal

entityxiv (please add additional rows as necessary)

 

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

MFT as sole shareholder of HIHL.  The Board of Directors of Morton PTC are Albany Directors Limited, Mr Anthony David Holt, Robert Walter Morton (RWM) and Susan Margaret Howard Morton (SMHM).  The adult beneficiaries of MFT are SMHM, RWM, Charles Morton (CNM), Edward Morton (EGM) and Andrew Morton (ARM)

0

0

0

HIHL

3.70%

0

3.70%

 

10. In case of proxy voting, please identify:

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

 

11. Additional informationxvi

 

         

 

Place of completion

St Peter Port, Guernsey

Date of completion

2nd October 2018

 


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