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Titanium Resources (SRX)

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Tuesday 09 November, 2010

Titanium Resources

TR-1: NOTIFICATION OF MAJOR I

RNS Number : 8334V
Titanium Resources Group Ltd
09 November 2010
 




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

Titanium Resources Group Ltd

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

Prudential plc group of companies

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

See attached schedule

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

05 November 2010

6. Date on which issuer notified:

08 November 2010

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

See item 13



 

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

VGG889921059

59,185,000

59,185,000

61,500,000

61,500,000


15.93%











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

61,500,000

15.93%



 

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

Prudential plc (parent Company)

M&G Group Limited (wholly owned subsidiary of Prudential plc)

M&G Limited (wholly owned subsidiary of M&G Group Limited)

M&G Investment Management Limited (wholly owned subsidiary of M&G Limited)

M&G Securities Limited (wholly owned subsidiary of M&G Limited)

 

 

 


Proxy Voting:

10. Name of the proxy holder:

N/A

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

N/A

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

N/A



13. Additional information:

 

M&G Securities Limited (wholly owned subsidiary of M&G Limited) has moved above a 14% notifiable interest triggering this notification.

 

14. Contact name:

Ryan Dowling / Mark Thomas

M&G Investment Management Limited

15. Contact telephone number:

020 7548 2979 / 020 7548 3266

 


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