TR-1 Notification of holdings in the Company

RNS Number : 1564O
Kavango Resources PLC
05 February 2021
 

PRESS RELEASE

 

 

 5 February 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 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

mfoster@kavangoresources.com

 

 

 

  TR-1: S tandard form for notification of major holdings

 

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

KAVANGO RESOURCES plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

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

X

Other (please specify):

 

 

3. Full name of person(s) subject to the
notification obligation:
iii

MICHAEL FOSTER

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

4.2.2021

6. Date on which issuer notified:

4.2.2021

7. Threshold(s) that is/are crossed or
reached:
vi, vii

3%

         

 

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

 

 

2138007PZJFATXWUTS29

9,026,390

9,026,390

 

11,472,265

0

3.66%

0

 

 

 

 

 

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

 

11,472,265

3.66%

 

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:

MICHAEL FOSTER

 

15. Contact telephone number:

 

 

Place of completion

U.K.

Date of completion

5 February 2021

                                     

 

 

 

 

 

 

 

 

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

KAVANGO RESOURCES plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

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

X

Other (please specify):

 

 

3. Full name of person(s) subject to the
notification obligation:
iii

HILLARY GUMBO 

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

4.2.2021

6. Date on which issuer notified:

4.2.2021

7. Threshold(s) that is/are crossed or
reached:
vi, vii

5%

         

 

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

2138007PZJFATXWUTS29

13,895,137

13,895,137

16,520,137

16,520,137

0

5.28

0

 

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

16,520,137

5.28

                                 

 

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:

HILLARY GUMBO

 

15. Contact telephone number:

 

 

Place of completion

U.K.

Date of completion

5 February 2021

         

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
HOLUVSKRAWUURRR
UK 100

Latest directors dealings