Tungsten Corporation PLC Holding(s) in Company (9807T)
April 04 2016 - 1:00AM
UK Regulatory
TIDMTUNG
RNS Number : 9807T
Tungsten Corporation PLC
01 April 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
1. Identity of the issuer or Tungsten Corp 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) Morgan Stanley
subject to the (Institutional Securities
notification obligation: Group and Global Wealth Management)
(iii)
----------------------------------------------------------- --------------------------------------
4. Full name of shareholder(s) Morgan Stanley & Co. International
(if different from 3.):(iv) plc
----------------------------------------------------------- --------------------------------------
5. Date of the transaction 30.03.2016
and date on
which the threshold is
crossed or
reached: (v)
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6. Date on which issuer 01.04.2016
notified:
----------------------------------------------------------- --------------------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 9%
----------------------------------------------------------- --------------------------------------
8. Notified details:
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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 voting % of voting
of of of shares rights rights (x)
Shares Voting
Rights
--------------- --------------- ------------- -------------- -------------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
--------------- ----------- ----------- -------------- ------------ ------------ ------------ -----------
GB00B7Z0Q502
----------- ------------ -----------
6,331,444 6,331,444 7,694,049 7,694,049 6.10%
--------------- --------------- ------------- -------------- ------------ ------------ ------------ ---------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date (xiii) Conversion rights that rights
instrument Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------- -------------------------- ------------------ ---------------------------- ---------------------
Right of Recall
over a
securities
lending
agreement N/A N/A 746,281 0.59%
----------------- -------------------------- ------------------ ---------------------------- ---------------------
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)
--------------- ------------- ------------- ---------------- ---------------------------- -----------------------
Equity Swap N/A N/A Nominal Delta
(Cash-Settled)
--------------- ------------- ---------------- ------------ ---------
15/04/2016 3,500,000 N/A 2.78%
--------------- ----------- ------------- ------------ ---------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------- -------------------------------------------------------------------
11,940,330 9.47%
------------------------------------------------- -------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
----------------------------------------------------------------------------------------
Morgan Stanley & Co. International plc, 25 Cabot Square,
Canary Wharf, London E14 4QA is a direct holder of
11,218,575 voting rights (8.90%) and is a subsidiary
of Morgan Stanley Investments (UK)
Morgan Stanley Investments (UK), 20 Bank Street, Canary
Wharf, London E14 4AD is an indirect holder of
11,218,575 voting rights (8.90%) and is a subsidiary
of Morgan Stanley UK Group
Morgan Stanley UK Group, 25 Cabot Square, Canary Wharf,
London E14 4QA is an indirect holder of
11,218,575 voting rights (8.90%) and is a subsidiary
of Morgan Stanley International Limited
Morgan Stanley International Limited, 25 Cabot Square,
Canary Wharf, London E14 4QA is an indirect holder of
11,218,575 voting rights (8.90%) and is a subsidiary
of Morgan Stanley International Holdings Inc.
Morgan Stanley International Holdings Inc., c/o The
Corporation Trust Company (DE), Corporation Trust Center,
1209 Orange Street, Wilmington, Delaware 19801, USA
is an indirect holder
11,218,575 voting rights (8.90%) and is a subsidiary
of the beneficial owner Morgan Stanley
Proxy Voting:
----------------------------------------------------------------------------------------
10. Name of N/A
the proxy holder:
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11. Number of voting rights proxy N/A
holder will cease to hold:
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12. Date on which proxy holder will N/A
cease to hold voting rights:
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(MORE TO FOLLOW) Dow Jones Newswires
April 04, 2016 02:00 ET (06:00 GMT)
Of the total voting rights
13. Additional information: attached to shares in Section
8A, 1,340,474 (1.06%) of
these are the result of stock
borrowing agreements
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14. Contact name: Wilma Fairholm
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15. Contact telephone number: 0141 245 7218
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This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLUGUGCCUPQGRG
(END) Dow Jones Newswires
April 04, 2016 02:00 ET (06:00 GMT)
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