Galileo Resources PLC Holding(s) in Company (4517W)
February 09 2017 - 4:30AM
UK Regulatory
TIDMGLR TIDMTIR
RNS Number : 4517W
Galileo Resources PLC
09 February 2017
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 Tel +44 (0)20 7628
Advisor 3396
Roland Cornish/James Biddle
Beaufort Securities Limited Tel +44 (0) 20 7382
- Broker Jon Belliss 8416
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or GALILEO RESOURCES PLC
the underlying issuer
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) Tiger Resource Finance Plc
subject to the
notification obligation:
(iii)
-------------------------------------------------- -----------------------------------------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
-------------------------------------------------- -----------------------------------------------------------------------
5. Date of the transaction 3/2/2017
and date on
which the threshold is
crossed or
reached:
-------------------------------------------------- -----------------------------------------------------------------------
6. Date on which issuer 4/2/2017
notified:
-------------------------------------------------- -----------------------------------------------------------------------
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 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 Indirect Direct Indirect
(xi) (xii)
------------- ----------- ------------ --------------- ------------- ------------ ------------ -------------
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 Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
------------------- ------------- ----------------------------- ----------------------------- -------------------------
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 % of voting
financial price date Conversion voting rights rights (xix,
instrument (xvii) period instrument xx)
(xviii) refers to
--------------- --------------- -------------- --------------- --------------- ---------------------------------------
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
HOLUGUMGPUPMGUB
(END) Dow Jones Newswires
February 09, 2017 05:30 ET (10:30 GMT)
Tiger Royalties And Inve... (LSE:TIR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Tiger Royalties And Inve... (LSE:TIR)
Historical Stock Chart
From Apr 2023 to Apr 2024
