PRESS RELEASE
24 July 2020
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 forms 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
SI Capital Limited (Broker) +44 1483 413500
Nick Emerson
TR-1: S tandard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS
(to be sent to the relevant issuer and to the FCA in Microsoft Word format if |
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1a. Identity of the issuer or the underlying issuer of |
Kavango Resources Plc
|
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1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) |
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Non-UK issuer |
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2. Reason for the notification (please mark the appropriate box or boxes with an "X") |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of financial instruments |
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An event changing the breakdown of voting rights |
|
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Other (please specify)iii: |
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3. Details of person subject to the notification obligation iv |
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Name |
Adrian Crucefix |
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City and country of registered office (if applicable) |
N/A |
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4. Full name of shareholder(s) (if different from 3.)v |
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Name |
N/A |
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City and country of registered office (if applicable) |
N/A |
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5. Date on which the threshold was crossed or |
23/07/2020 |
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6. Date on which issuer notified (DD/MM/YYYY): |
23/07/2020 |
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7. Total positions of person(s) subject to the notification obligation |
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|
% of voting rights |
% of voting rights through financial instruments |
Total of both in % |
Total |
||
Resulting situation |
3.04% |
N/A |
3.04% |
192,955,709 |
||
Position of applicable) |
N/A |
N/A |
N/A |
|
||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii |
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A: Voting rights attached to shares |
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Class/type of
ISIN code |
Number of voting rights ix |
% of voting rights |
|||||||
Direct
(Art 9 of Directive |
Indirect
(Art 10 of Directive |
Direct
(Art 9 of Directive |
Indirect
(Art 10 of Directive |
||||||
GB00BYYDKX57 |
5,870,715 |
|
3.04% |
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|
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|
|
|
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|
|
|
|
|
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SUBTOTAL 8. A |
5,870,715 |
3.04% |
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|
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B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) |
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Type of |
Expiration |
Exercise/ |
Number of voting rights that |
% of voting rights |
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|
|
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|
|
|
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SUBTOTAL 8. B 1 |
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B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) |
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Type of |
Expiration |
Exercise/ |
Physical or cash settlement xii |
Number of |
% of voting rights |
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|
|
|
|
|
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|
|
|
|
|
|
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|
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SUBTOTAL 8.B.2 |
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9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") |
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Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control |
X |
|||
Full
chain of controlled undertakings through which the voting rights and/or the |
|
|||
Name xv |
% of voting rights if it |
% of voting rights through |
Total of both if it equals or is |
|
Adrian Crucefix |
3.04% |
|
3.04% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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10. In case of proxy voting, please identify: |
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Name of the proxy holder |
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The number and % of voting rights held |
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The date until which the voting rights will be held |
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|
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11. Additional information xvi |
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|
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Place of completion |
United Kingdom |
Date of completion |
23/07/2020 |
TR-1: S tandard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS
(to be sent to the relevant issuer and to the FCA in Microsoft Word format if |
||||||
|
||||||
1a. Identity of the issuer or the underlying issuer of |
Kavango Resources Plc
|
|||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) |
||||||
Non-UK issuer |
|
|||||
2. Reason for the notification (please mark the appropriate box or boxes with an "X") |
||||||
An acquisition or disposal of voting rights |
X |
|||||
An acquisition or disposal of financial instruments |
|
|||||
An event changing the breakdown of voting rights |
|
|||||
Other (please specify)iii: |
|
|||||
3. Details of person subject to the notification obligation iv |
||||||
Name |
Richard and Charlotte Edwards |
|||||
City and country of registered office (if applicable) |
N/A |
|||||
4. Full name of shareholder(s) (if different from 3.)v |
||||||
Name |
N/A |
|||||
City and country of registered office (if applicable) |
N/A |
|||||
5. Date on which the threshold was crossed or |
23/07/2020 |
|||||
6. Date on which issuer notified (DD/MM/YYYY): |
23/07/2020 |
|||||
7. Total positions of person(s) subject to the notification obligation |
||||||
|
% of voting rights |
% of voting rights through financial instruments |
Total of both in % |
Total number of voting rights |
||
Resulting |
3.03% |
N/A |
3.03% |
192,955,709 |
||
Position of applicable) |
N/A |
N/A |
N/A |
|
||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii |
|||||||||
A: Voting rights attached to shares |
|||||||||
Class/type of ISIN code (if possible) |
Number of voting rights ix |
% of voting rights |
|||||||
Direct
(Art 9 of Directive |
Indirect
(Art 10 of Directive |
Direct
(Art 9 of Directive |
Indirect
(Art 10 of Directive |
||||||
GB00BYYDKX57 |
5,845,714 |
|
3.03% |
|
|||||
|
|
|
|
|
|||||
|
|
|
|
|
|||||
SUBTOTAL 8. A |
5,845,714 |
3.03% |
|||||||
|
|||||||||
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) |
|||||||||
Type of financial |
Expiration |
Exercise/ |
Number of voting rights that exercised/converted. |
% of voting rights |
|||||
|
|
|
|
|
|||||
|
|
|
|
|
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|
|
|
|
|
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|
|
SUBTOTAL 8. B 1 |
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|
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B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) |
|||||||||
Type of |
Expiration |
Exercise/ |
Physical or cash settlement xii |
Number of voting |
% of voting rights |
||||
|
|
|
|
|
|
||||
|
|
|
|
|
|
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|
|
|
|
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|
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|
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SUBTOTAL 8.B.2 |
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|
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|
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9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") |
||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control |
X |
|||
Full
chain of controlled undertakings through which the voting rights and/or the |
|
|||
Name xv |
% of voting rights if it equals |
% of voting rights through |
Total of both if it equals or is |
|
Richard and Charlotte |
3.03% |
|
3.03% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
10. In case of proxy voting, please identify: |
||||
Name of the proxy holder |
|
|||
The number and % of voting rights held |
|
|||
The date until which the voting rights will be held |
|
|||
|
||||
11. Additional information xvi |
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|
||||
Place of completion |
United Kingdom |
Date of completion |
23/07/2020 |