Holding(s) in Company

RNS Number : 3571K

Condor Gold PLC

20 September 2016

 

Condor Gold plc 7th Floor                                  39 St. James's Street                                    London                                 SW1A 1JD                                           Telephone [phone]            Fax: [phone]

20 September 2016

Condor Gold plc

("Condor Gold" or the "Company")

Holdings in Company

The Board of Condor Gold announces that the Company has received the following TR-1 notification which is set out below.

For further information please visit www.condorgold.com or contact:

Condor Gold plc	Mark Child, Executive Chairman and CEO [phone]
Beaumont Cornish Limited Numis Securities Limited	Roland Cornish and James Biddle [phone] John Prior and James Black [phone]
Farm Street Media	Simon Robinson [phone]

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			Condor Gold plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				N/A
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached				N/A
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				N/A
An event changing the breakdown of voting rights				N/A
Other (please specify):	Involuntary dilution			Yes
3. Full name of person(s) subject to the notification obligation: iii		Regent Pacific Group Limited
4. Full name of shareholder(s)  (if different from 3.):iv		Regent Pacific Group Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		The holding of Regent Pacific Group Limited in CNR was diluted upon the issue and allotment of new shares by CNR on 19 September 2016 pursuant to the conversion of warrants.
6. Date on which issuer notified:		19 September 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		8%

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

Ordinary shares

3,977,274

3,977,274

3,977,274

3,977,274

Nil

7.517%

Nil

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

3,977,274

7.517%

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:		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:	N/A
14. Contact name:	Stella Fung
15. Contact telephone number:	[phone]

 

END

 

 

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