TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii |
Upland Resources |
2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
∕ |
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 notification obligation: iii |
Tune Assets Limited |
4. Full name of shareholder(s) (if different from 3.): iv |
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5. Date of the transaction and date on which the threshold is crossed or reached: v |
21st February 2018 |
6. Date on which issuer notified: |
6th March 2018 |
7. Threshold(s) that is/are crossed or reached: vi, vii |
Above 16% |
8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of shares
if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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VGG7552A1075 |
0 |
0 |
74,074,074 |
74,074,074 |
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16.2% |
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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 |
instrument |
date xiii |
Conversion |
rights that may be |
rights |
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Period xiv |
acquired if the |
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instrument is |
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exercised/ |
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converted. |
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N.A. |
N.A. |
N.A. |
N.A. |
N.A. |
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 instrument |
Exercise price |
Expiration date xvii |
Exercise/ Conversion period xviii |
Number of voting rights instrument refers to |
% of voting rights xix, xx |
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N.A. |
N.A. |
N.A. |
N.A. |
N.A. |
Nominal |
Delta |
N.A. |
N.A. |
Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
74,074,074 |
16.2% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
N.A. |
Proxy Voting: |
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10. Name of the proxy holder: |
JIM Nominees Limited |
11. Number of voting rights proxy holder will cease to hold: |
None |
12. Date on which proxy holder will cease to hold voting rights: |
N.A. |
13. Additional information: |
N.A. |
14. Contact name: |
Dixon Wong |
15. Contact telephone number: |
+603-20825817 |