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Gate Ventures PLC (GATE)

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Friday 13 March, 2015

Gate Ventures PLC

Holding(s) in Company

RNS Number : 4599H
Gate Ventures PLC
13 March 2015
 

 

 

Gate Ventures Plc

("Gate Ventures" or the "Company")

 

Holding(s) in Company

 


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

Gate Ventures 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

Keith Bennett

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

Black and White Investments Limited

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

11/03/2015

6. Date on which issuer notified:

13/03/2015

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

Below 8%, Below 7%, Below 6%, Below 5%, Below 4%, Below 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


2,835,000

8.74%



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

0%



 

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

 

Full ownership of Black and White Investment Limited has been sold by Keith Bennett. Black and White Investments Limited owns 2,835,000 shares of Gate Ventures Plc.)


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:

Keith Bennett

15. Contact telephone number:

020 8761 5020



 

For further information please contact:

 

Gate Ventures Plc

Geoff Morrow, Executive Chairman

+44(0) 20 7887 6347

Beaumont Cornish Limited

Roland Cornish / Emily Staples

+44 (0) 20 7628 3396

Cornhill Capital Limited

Nick Bealer

+44 (0)20 7710 9610

 

 


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