Central Rand Gold Limited Holding(s) in Company (7959Z)

TIDMCRND

RNS Number : 7959Z

Central Rand Gold Limited

17 March 2017

Central Rand Gold Limited

(Incorporated as a company with limited liability under the laws of Guernsey,

Company Number 45108)

(Incorporated as an external company with limited liability under the laws of South Africa,

Registration number 2007/019223/10)

ISIN: GG00B92NXM24

   LSE share code: CRND   JSE share code: CRD 

("Central Rand Gold" or the "Company")

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                      Central Rand Gold Ltd. 
  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)                                      Bergen Asset Management, LLC 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                               BNP Paribas Securities Services 
  (if different from 3.):(iv)                                  as custodian for Bergen Global 
                                                                    Opportunity Fund, LP. 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                            14 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                               16 March 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 voting      % of voting 
               of              of                             of          rights                rights (x) 
               Shares          Voting                         shares 
                               Rights 
------------  --------------  -----------------------------  ---------  --------------------  ------------------- 
                                                              Direct     Direct    Indirect    Direct    Indirect 
                                                                          (xi)      (xii) 
------------    ------------    ------------  -------------  ---------  --------  ----------  --------  --------- 
 
  Below           Below 
   3%              3%                                                              9,820,397             4.17% 
 --------------  -----------------------------  ---------  ---------------------  ----------  --------  --------- 
 
 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. 
--------------  --------------  --------------------------------------  --------------------  ------------------- 
 
 
 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) 
-------------  --------------  -------------  ------------------------  --------------------  ------------------- 
                                                                                               Nominal   Delta 
-------------  --------------  -------------  ------------------------  --------------------  --------  --------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  --------------------------------------------------- 
 
   9,820,397                                                     4.17% 
------------------------------------------------------------  --------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------- 
 
   Bergen Asset Management, LLC is ultimately controlled 
   by Mr. Eugene Tablis 
 
 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:                                              Cory Burns, CFO/COO 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  [phone] 
-------------------------------------------------------------  -------------------- 
 
 

Johannesburg

17 March 2017

JSE Sponsor

Merchantec Capital

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 17, 2017 05:30 ET (09:30 GMT)