Red Rock Resources PLC
("Red Rock" or the "Company")
08 April 2014
Red Rock Resources plc ("Red Rock" or the "Company") the mineral exploration and development company focused on iron ore and manganese, and gold, and operating in Greenland, Colombia, and East Africa, has been notified of the following shareholding in the Company:
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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1. Identity of the issuer or the underlying issuer |
Red Rock 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 |
P |
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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 |
Daniel Sklan |
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4. Full name of shareholder(s) |
HSBC Client Holdings Nominee (UK) Limited |
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5. Date of the transaction and date on |
04th April 2014 |
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6. Date on which issuer notified: |
04th April 2014 |
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7. Threshold(s) that is/are crossed or |
4.5% |
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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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62,439,999 |
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76,000,000 |
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4.5% |
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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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76,000,000 |
4.5% |
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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: |
Daniel Sklan |
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15. Contact telephone number: |
02085306535 |
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For further information contact:
Andrew Bell0207 747 9990 or 0776 647 4849 Chairman Red Rock Resources plc
Colin Aaronson / David Hignell 0207 383 5100 NOMAD Grant Thornton UK LLP
Nick Emerson 01483 413500 Broker SI Capital Ltd.
Saif Janjua 0207 382 8416 Joint Broker Beaufort Securities Ltd
Rupert Trefgarne 0203 128 8817 Media Relations MHP Communications