Holding(s) in Company

RNS Number : 2806P

Tower Resources PLC

23 March 2009

 



For filings with the FSA include the annex For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

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

TOWER RESOURCES PLC

2. Reason for notification (yes/no)
An acquisition or disposal of voting rights	X
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):______________

3. Full name of person(s) subject to notification obligation:	RAB CAPITAL PLC ACTING AS DISCRETIONARY MANAGER OF RAB OCTANE FUND LIMITED
4. Full name of shareholder(s) (if different from 3):	CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED
5. Date of transaction (and date on which the threshold is crossed or reached if different):	13/03/2009
6. Date on which issuer notified:	19/03/2009
7. Threshold(s) that is/are crossed or reached:	3%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares Direct	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
ORDINARY SHARES GB00B05KQ069	58,266,667	9.48%	N/A	N/A	19,372,237	N/A	3.15%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

Total (A+B)
Number of voting rights	Percentage of voting rights
SEE ABOVE	3.15%

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

RABCapital Plc acts as investment manager for RAB OCTANE FUND LIMITED.  RAB Capital plc does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED

Proxy Voting:
10. Name of 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:	N/A
14 Contact name:	LEGAL TEAM
15. Contact telephone number:	020 7389 7000

For notes on how to complete form TR-1 please see the FSA website. 

 

END

 

 

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