13 April 2016
Independent Resources plc
Holding(s) in Company
On 12 April 2016, Independent Resources plc (the "Company") was notified that Melvin Taylor, holds 20,276,278 ordinary shares in the Company representing approximately 4.83% of the company's issued share capital.
The relevant Form TR-1 is appended below.
For more information, please visit www.ir-plc.com or contact:
Greg Coleman |
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Independent Resources plc |
020 3367 1134 |
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Adam James |
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Panmure Gordon (UK) Limited |
020 7886 2500 |
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(Nominated Adviser & Joint Broker) |
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Oliver Stansfield |
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Brandon Hill Capital |
020 3463 5000 |
Jonathan Evans |
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(Joint Broker) |
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Simon Hudson |
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Tavistock Communications |
020 7920 3150 |
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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1. Identity of the issuer or the underlying issuer |
Independent 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 |
Melvin Taylor |
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4. Full name of shareholder(s) |
20,276,278 |
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5. Date of the transaction and date on |
11 April 2016 |
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6. Date on which issuer notified: |
12 April 2016 |
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7. Threshold(s) that is/are crossed or |
3%,4% |
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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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GB00B0RNX796 |
Below 3% |
Below 3% |
20,276,278 |
20,276,278 |
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4.83% |
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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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20,276,278 |
4.83% |
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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: |
Melvin Taylor |
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15. Contact telephone number: |
07958 290086 |
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