Holding(s) in Company

 RNS Number : 4517W

Galileo Resources PLC

Galileo Resources PLC (AIM: GLR)

9 February 2017

 

Galileo Resources Plc

(“Galileo” or the “Company”)

 

Holdings in Company

 

The Board of Galileo announces that the Company has received the following TR-1 notification which is set out below. Tiger Resource Finance plc is an AIM traded company of which Colin Bird, a director of Galileo, is CEO and has a 6.1% shareholding.

 

A copy of this announcement is available on the Company’s website www.galileoresources.com.

You can also follow Galileo on Twitter: @GalileoResource.

 

For further information, please contact:

 

Colin Bird, Chairman & CEO

Tel +44 (0) 20 7581 4477

Andrew Sarosi, Technical Director

Tel +44 (0) 1752 221937

Beaumont Cornish Limited: Nominated Advisor

Roland Cornish/James Biddle

Tel +44 (0)20 7628 3396

Beaufort Securities Limited – Broker Jon                                Belliss

Tel +44 (0) 20 7382 8416

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

 

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

GALILEO RESOURCES PLC

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:
iii

Tiger Resource Finance Plc

4. Full name of shareholder(s)
 (if different from 3.):iv

5. Date of the transaction and date on
which the threshold is crossed or
reached:

3/2/2017

6. Date on which issuer notified:

4/2/2017

7. Threshold(s) that is/are crossed or
reached:
vi, vii

5%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary Shares 

10,416,667

10,416,667

6,516,667

6,516,667

3.33%

GB00B115T142

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

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 xv, xvi

Resulting situation after the triggering transaction

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

 

 

 

Nominal

Delta

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

6,516,667

3.33%

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

 

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:

 


13. Additional information

 

14. Contact name:

MR RAJU SAMTANI

15. Contact telephone number:

 

ENDS

 

 

 


This information is provided by RNS

The company news service from the London Stock Exchange

 

END