Share Name Share Symbol Market Type Share ISIN Share Description
Galileo Resourc LSE:GLR London Ordinary Share GB00B115T142 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.45p 1.40p 1.50p 1.45p 1.45p 1.45p 14,092 07:45:52
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.4 -0.7 - 3.69

Galileo Resources PLC Holding(s) in Company

13/10/2017 11:00am

UK Regulatory (RNS & others)


Galileo Resourc (LSE:GLR)
Historical Stock Chart

6 Months : From Jul 2017 to Jan 2018

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TIDMGLR

RNS Number : 5707T

Galileo Resources PLC

13 October 2017

For immediate release

13 October 2017

Galileo Resources Plc

("Galileo" or "the Company")

Holding(s) in Company

The Company announces that it has received the following TR-1 notification which is set out below.

For further information, please contact:

 
 Galileo Resources PLC                  Tel +44 (0) 20 7581 4477 
  Colin Bird, Chairman 
 Andrew Sarosi, Executive               Tel +44 (0) 1752 221937 
  Director 
 Beaumont Cornish Limited               Tel +44 (0) 20 7628 3396 
  - Nomad 
  Roland Cornish/James Biddle 
 Beaufort Securities Limited - Broker   Tel +44 (0) 20 7382 8416 
  Jon Belliss/Elliot Hance 
 

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the FCA in Microsoft Word format if possible)(i) 
---------------------------------------------------------------------------------------------------- 
 
 1a. Identity of the issuer                                      Galileo Resources PLC 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached(ii) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer 
  (please mark with an "X" if appropriate) 
---------------------------------------------------------------------------------------------------- 
 Non-UK issuer 
-------------------------------------------------------------------------------------  ------------- 
 2. Reason for the notification (please mark the appropriate 
  box or boxes with an "X") 
---------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                 x 
-------------------------------------------------------------------------------------  ------------- 
 An acquisition or disposal of financial instruments 
-------------------------------------------------------------------------------------  ------------- 
 An event changing the breakdown of voting rights 
-------------------------------------------------------------------------------------  ------------- 
 Other (please specify)(iii) : 
-------------------------------------------------------------------------------------  ------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                               Mr Stuart James Packwood 
 City and country of registered 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
---------------------------------------------------------------------------------------------------- 
 Name 
-------------------------------------------------  ------------------------------------------------- 
 City and country of registered 
  office (if applicable) 
-------------------------------------------------  ------------------------------------------------- 
 5. Date on which the threshold                     12/10/2017 
  was crossed or reached(vi) 
  : 
-------------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified                   12/10/2017 
  (DD/MM/YYYY): 
-------------------------------------------------  ------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
---------------------------------------------------------------------------------------------------- 
                               % of voting            % of voting        Total of       Total number 
                              rights attached       rights through       both in %       of voting 
                                 to shares             financial        (8.A + 8.B)      rights of 
                                 (total of            instruments                        issuer(vii) 
                                   8. A)               (total of 
                                                      8.B 1 + 8.B 
                                                          2) 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached             5.1%                                         5.1%              254,596,562 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)            3.54%                                        3.54% 
----------------------  -------------------------  ----------------  ----------------  ------------- 
 
 
 
 8. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------- 
 Class/type              Number of voting rights(ix)            % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
---------------------- 
                                Direct            Indirect                 Direct                  Indirect 
                               (Art 9 of          (Art 10 of              (Art 9 of               (Art 10 of 
                               Directive          Directive               Directive                Directive 
                             2004/109/EC)        2004/109/EC)            2004/109/EC)            2004/109/EC) 
                               (DTR5.1)           (DTR5.2.1)               (DTR5.1)               (DTR5.2.1) 
---------------------   ---------------------  --------------  ------------------------------  --------------- 
 GB00B115T142            13,000,000                                        5.1% 
----------------------  ---------------------  --------------  ------------------------------  --------------- 
 
 
 SUBTOTAL 
  8. A                                13,000,000                                     5.1% 
----------------------  -------------------------------------  ----------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) 
  of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
-------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration             Exercise/       Number of voting                % of voting 
  instrument              date(x)                Conversion      rights that                     rights 
                                                 Period(xi)      may be acquired 
                                                                 if the instrument 
                                                                 is 
                                                                 exercised/converted. 
----------------------  ---------------------  --------------  ------------------------------  --------------- 
 
 
 
                                                SUBTOTAL 8. 
                                                 B 1 
                                               --------------  ------------------------------  --------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Art. 13(1)(b) of Directive 2004/109/EC 
  (DTR5.3.1.1 (b)) 
-------------------------------------------------------------------------------------------------------------- 
 Type of                Expiration              Exercise/       Physical           Number       % of voting 
  financial              date(x)                Conversion      or cash             of voting    rights 
  instrument                                    Period          settlement(xii)     rights 
                                                (xi) 
---------------------  ----------------------  --------------  -----------------  -----------  --------------- 
 
 
 
                                                                SUBTOTAL 
                                                                 8.B.2 
                                                               -----------------  -----------  --------------- 
 
 
 
 
 9. Information in relation to the person subject to 
  the notification obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is                         X 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer(xiii) 
 Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or 
  legal entity(xiv) (please add additional rows as 
  necessary) 
--------------------------------------------------------------  --------------------- 
   Name(xv)        % of voting            % of voting              Total of both 
                   rights if it          rights through             if it equals 
                   equals or is       financial instruments         or is higher 
                   higher than            if it equals           than the notifiable 
                  the notifiable          or is higher                threshold 
                    threshold          than the notifiable 
                                            threshold 
-------------  ------------------  -------------------------  ----------------------- 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
------------------------------------------------------------------------------------- 
 Name of the proxy holder 
---------------------------------  -------------------------------------------------- 
 The number and % of voting 
  rights held 
---------------------------------  -------------------------------------------------- 
 The date until which the 
  voting rights will be held 
---------------------------------  -------------------------------------------------- 
 
 11. Additional information(xvi) 
------------------------------------------------------------------------------------- 
 
 
 
 
 Place of completion   London, United Kingdom 
--------------------  ----------------------- 
 Date of completion    12/10/2017 
--------------------  ----------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLGGGBAUUPMUBW

(END) Dow Jones Newswires

October 13, 2017 06:00 ET (10:00 GMT)

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