PRESS RELEASE
11 June 2021
KAVANGO RESOURCES PLC
("the Company")
TR-1: Standard form for notification of holding(s) in the Company
Kavango Resources plc (LSE: KAV), the exploration group listed on the Standard List segment of the main market of the London Stock Exchange and targeting the discovery of world class mineral deposits in Botswana, announces that it has received the TR-1 form as set out below in this announcement. A copy of the announcement is available on the Company's website at www.kavangoresources.com and on twitter at #KAV.
For further information please contact:
Kavango Resources plc
Michael Foster
TR-1: S tandard form for notification of major holdings
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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1. Identity of the issuer or the underlying issuer |
KAVANGO RESOURCES plc |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the |
John Charles Forrest |
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4. Full name of shareholder(s) (if different from 3.):iv |
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5. Date of the transaction and date on |
11.06.2021 |
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6. Date on which issuer notified: |
11.06.2021 |
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7. Threshold(s) that is/are crossed or |
3% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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2138007PZJFATXWUTS29 |
11,800,340 |
11.800,340 |
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10,700,340 |
0 |
2.97% |
0 |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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10,700,340 |
2.97% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease |
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12. Date on which proxy holder will cease to hold |
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14. Contact name: |
John Forrest |
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15. Contact telephone number: |
07961211783 |
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Place of completion |
Toronto, Canada |
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Date of completion |
11.06.2021 |
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