Georgian Mining Corporation TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (1657G)

TIDMGEO

RNS Number : 1657G

Georgian Mining Corporation

25 May 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                       Georgian Mining Corporation 
  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)                                                    Edale Capital LLP 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s)                                    Edale Europe Absolute Master 
  (if different from 3.):(iv)                                                              Fund 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                                          23/05/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                                             24/05/2017 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are                                                           Above 6% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 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) 
------------------      -----------    -----------    -------------  ---------  -----------  ------------  ----------- 
 
 
      VGG9688A1003   4,000,000        4,000,000        4,968,750                 4,968,750                  6.18% 
                    ---------------  ---------------  -------------  ---------  -----------  ------------  ----------- 
 
 
 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 financial     Exercise       Expiration     Exercise/        Number of voting          % of voting 
  instrument            price         date           Conversion        rights instrument         rights (xix, 
                                      (xvii)         period            refers to                 xx) 
                                                     (xviii) 
--------------------  -------------  -------------  ---------------  ------------------------  ----------------------- 
                                                                                                Nominal       Delta 
--------------------  -------------  -------------  ---------------  ------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                 Percentage of voting rights 
------------------------------------------------------  -------------------------------------------------------------- 
 4,968,750                                               6.18% 
------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 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:                                               Katie Wright 
-------------------------------------------------------------  -------------- 
 15. Contact telephone number:                                  0203 427 3500 
-------------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 25, 2017 02:02 ET (06:02 GMT)