Holding(s) in Company

RNS Number : 6611A

Zinnwald Lithium PLC

03 February 2022

 

Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector: Mining

3 February 2022

Zinnwald Lithium plc

("Zinnwald Lithium" or the "Company")

Holding(s) in Company

Zinnwald Lithium plc (AIM: ZNWD), the German focussed lithium development company, has today received a TR-1 notification from G&P GmbH & Co KG ("G&P) regarding its holding in the Company. G&P received its shares as part of the Company's June 2021 acquisition of the 50% share in Deutsche Lithium Gmbh owned by SolarWorld AG.  G&P was holding the shares on behalf of creditors of SolarWorld AG and has now distributed these shares to the underlying beneficial recipients as noted in its TR-1 notification to the Company on 22 December 2021. The TR-1 notification received today is set out below without amendment.

TR-1: S tandard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:			ZINNWALD LITHIUM PLC
1b. Please indicate if the issuer is a non-UK issuer   (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments						X
An event changing the breakdown of voting rights
Other (please specify)
3. Details of person subject to the notification obligation
Name			G&P GMBH & CO. KG (AS JOINT REPRESENTATIVE OF THE EUR 174,844,355.15 SOLARWORLD NOTES DUE 2019 (DE000A1YCN14))
City and country of registered office (if applicable)			MUNICH, GERMANY
4. Full name of shareholder(s) (if different from 3.)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached:			1 FEBRUARY 2022
6. Date on which issuer notified (DD/MM/YYYY):			3 FEBRUARY 2022
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	0%	1.68%		1.68%	293,395,464
Position of previous notification (if applicable)	8.00%	N/A		8.00%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights					% of voting rights
		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Ordinary Shares GB00BFN4GY99		0		N/A			0%		N/A
SUBTOTAL 8. A		0					0%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
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
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration date		Exercise/ Conversion Period		Physical or cash settlement			Number of voting rights	% of voting rights
Right to recall lent shares	31/12/2022		N/A		Physical or cash			4,938,931	1.68%
					SUBTOTAL 8.B.2				1.68%

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer				X
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)
Name	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information

Place of completion	London, United Kingdom
Date of completion	3 FEBRUARY 2022

*ENDS*

 For further information visit  www.zinnwaldlithium.com  or contact:

Anton du Plessis	Zinnwald Lithium plc	[e-mail]
David Hart/Liz Kirchner	Allenby Capital Limited Nominated Adviser	[phone]
Michael Seabrook Robert Hayward	Oberon Capital Ltd Broker	[phone]
Isabel de Salis/Oonagh Reidy	St Brides Partners Ltd Financial PR	[e-mail]

Notes

Zinnwald Lithium plc (EPIC: ZNWD.L) is an AIM quoted, German focused lithium development company focussed on becoming an important supplier to Europe's fast-growing battery sector. The Company owns 100% of the Zinnwald Lithium Project in Germany, a development project with attractive economics and approved mining licence.  The Project is located in the heart of Europe's chemical and automotive industries and has the potential to be one of Europe's most advanced battery grade lithium projects.

 

END

 

 

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