Holding(s) in Company

RNS Number : 7269K
Tower Resources PLC
01 August 2013
 




TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES



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

Tower Resources Plc

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

An acquisition or disposal of voting rights

X

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

Quantum Pacific Management Limited, on behalf of itself and for each of Quantum Pacific International Limited and Gladebrooke Holdings Limited (as indirect holders)

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

30 July 2013

6. Date on which issuer notified:

31 July 2013

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

10%



 

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

GBOOB05KQ069

108,683,333

108,683,333

264,953,680

264,953,680





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

264,953,680

10.92%



 

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

Quantum Pacific Management Limited is a wholly owned subsidiary of Quantum Pacific International Limited. Quantum Pacific International Limited is a wholly owned subsidiary of Gladebrooke Holdings Limited, the owner of which is a trust in which Mr Idan Ofer and certain members of his family are the primary beneficiaries.

 


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:

Percentage shareholding based on 2,425,995,493 issued shares of the issuer, as published by the issuer

14. Contact name:

Andri Smilas

15. Contact telephone number:

00357 25558055

 


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