4 August 2015
AIM: AAU
HOLDINGS IN COMPANY
The Board of Ariana Resources plc announces that the Company today received the following TR-1 notification which is set out below without amendment.
Contacts:
Ariana Resources plc | Tel: +44 (0) 20 7407 3616 |
Michael de Villiers, Chairman | |
Kerim Sener, Managing Director | |
Beaumont Cornish Limited | Tel: +44 (0) 20 7628 3396 |
Roland Cornish / Felicity Geidt | |
Beaufort Securities Limited | Tel: +44 (0) 20 7382 8300 |
Jon Belliss | |
Loeb Aron & Company Ltd. | Tel: +44 (0) 20 7628 1128 |
John Beresford-Peirse / Dr. Frank Lucas | |
St Brides Partners Limited | Tel: +44 (0) 20 7236 1177 |
Lottie Brocklehurst/Felicity Winkles | |
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 | ARIANA 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): | Following the AAU placing announced on 27.07.15 and the admission of placing shares on 30.7.15, Metal Tiger's proportionate holding reduced below 3% although our absolute total holding of AAU shares has remained unchanged at 27,777,777 shares. | x | ||||
3. Full name of person(s) subject to the notification obligation:iii | METAL TIGER PLC | |||||
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 / 07 / 15 | |||||
6. Date on which issuer notified: | 03 / 08 / 15 | |||||
7. Threshold(s) that is/are crossed or reached: vi, vii | 3% |
8. Notified details: | ||||||||||||||||||
A: Voting rights attached to sharesviii, 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 | ||||||||||||||
ORDINARY SHARES OF NO PAR VALUE | 22,777,777 | 22,777,777 | 22,777,777 | 22,777,777 | 2.84% | |||||||||||||
ISIN: JE00B65FK239 | ||||||||||||||||||
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 | |||||||||||||||||
22,777,777 | 2.84% |
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: | MR CAMERON PARRY | ||
15. Contact telephone number: | +44(0) 207 099 0738 |