Holding(s) in Company

RNS Number : 6416W

Galileo Resources PLC

20 August 2015

 

For Immediate Release 20 August 2015 Galileo Resources Plc ("Galileo" or the "Company") Holding(s) in Company The Board of Galileo announces that on 19 August 2015 the Company received the following TR-1 notification which is set out below without amendment. For further information, please contact: Colin Bird, Chairman & CEO Tel [phone]  Andrew Sarosi, Technical Director Tel [phone] Beaumont Cornish Limited - Nomad Roland Cornish Tel [phone] Beaufort Securities Limited  - Joint Broker Elliot Hance Tel [phone] Daniel Stewart & Co - Joint Broker David Coffman/Martin Lampshire Tel + 44 (0) 20 7776 6596
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Galileo Resources Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				yes
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		Tiger Resource Finance 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		19 August 2015
6. Date on which issuer notified:		19 August 2015
7. Threshold(s) that is/are crossed or reached: vi, vii		3%,4%,5%,6%

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

NIL

NIL

10,416,667

10,416,667

6.69%

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

10,416,667

6.69%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Shares held by Fiftel nominees on behalf of Tiger Resource Finance 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:	Raju Samtani
15. Contact telephone number:	44 207 581 4477

 

END

 

 

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