Holding(s) in Company

RNS Number : 6555V

Rainbow Rare Earths Limited

31 January 2017

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Rainbow Rare Earths Limited

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
Other (please specify):

3. Full name of person(s) subject to the notification obligation:	Adonis Pouroulis
4. Full name of shareholder(s) (if different from 3.):	Pella Ventures Limited Agulhas Nominee (PTY) Limited Artemis Nominees Limited
5. Date of the transaction and date on which the threshold is crossed or reached:	30 January 2017
6. Date on which issuer notified:	31 January 2017
7. Threshold(s) that is/are crossed or reached:	25%

8. Notified details:
A: Voting rights attached to shares
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
			Direct	Direct	Indirect	Direct	Indirect
ORD NPV	44,596,386	44,596,386	44,596,386	0	44,596,386	0	29.33%
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B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	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
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
44,596,386	29.33%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Proxy Voting:
10. Name of the proxy holder:	n/a
11. Number of voting rights proxy holder will cease to hold:	n/a
12. Date on which proxy holder will cease to hold voting rights:	n/a

13. Additional information:	Holding as at Admission
14. Contact name:	Ian Clarke / Louise Bennalick Artemis Trustees Limited
15. Contact telephone number:	[phone]

 

END

 

 

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