TIDMKGLD

RNS Number : 3677U

Kolar Gold Limited

17 January 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or 
  the underlying issuer                                                   Kolar Gold Limited 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  ----------------------------- 
 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)                                      MINERAL EXPLORATION NETWORK 
  subject to the                                                (FINLAND) LTD 
  notification obligation: 
  (iii) 
-------------------------------------------------------------  ----------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-------------------------------------------------------------  ----------------------------- 
 5. Date of the transaction                                     10 January 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-------------------------------------------------------------  ----------------------------- 
 6. Date on which issuer                                        17 January 2017 
  notified: 
-------------------------------------------------------------  ----------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                            3%, 4% 
-------------------------------------------------------------  ----------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous              Resulting situation after the 
  of             to the triggering               triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ------------------------------  ----------------------------------------------------------------------- 
                Number         Number           Number          Number of                  % of voting 
                 of             of               of shares       voting                     rights (x) 
                 Shares         Voting                           rights 
                                Rights 
-------------  -------------  ---------------  --------------  -------------------------  ---------------------------- 
                                                Direct          Direct                     Direct         Indirect 
                                                                 (xi)           Indirect 
                                                                                (xii) 
-------------    -----------    -----------    --------------  ------------  -----------  -------------  ------------- 
 ORDINARY 
  SHARES        0              0                8,500,000       8,500,000                  4.16% 
               -------------  ---------------  --------------  ------------  -----------  -------------  ------------- 
 ISIN: 
 GG00B3M9KL68 
-------------    -----------    -----------    ------------      ----------  -----------    -----------      --------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Expiration     Exercise/                        Number of voting           % of voting 
 financial         date           Conversion                       rights that                rights 
 instrument        (xiii)         Period (xiv)                     may be 
                                                                   acquired if 
                                                                   the 
                                                                   instrument 
                                                                   is 
                                                                   exercised/ 
                                                                   converted. 
---------------  -------------  -------------------------------  -------------------------  -------------------------- 
 n/a 
---------------  -------------  -------------------------------  -------------------------  -------------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise       Expiration     Exercise/       Number of voting             % of voting 
 financial      price          date           Conversion       rights instrument            rights (xix, 
 instrument                    (xvii)         period           refers to                    xx) 
                                              (xviii) 
-------------  -------------  -------------  --------------  ---------------------------  ---------------------------- 
 n/a                                                                                       Nominal          Delta 
-------------  -------------  -------------  --------------  ---------------------------  ---------------  ----------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  --------------------------------------------------------- 
 8,500,000                                                    4.16% 
-----------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 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:                                              Alexander Mikhailov 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  +44 (0) 7748965712 
-------------------------------------------------------------  --------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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