Goldbridges Gbl Res Holding(s) in Company

 
TIDMGBGR 
 
 
For filings with the FCA include the annex 
For filings with issuer exclude the annex 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
1. Identity of the issuer or the underlying issuer                          Goldbridges Global Resources Plc 
of  existing shares to which voting rights are 
attached: 
2 Reason for the notification(please tick the appropriate  box or boxes): 
An acquisition or disposal of voting rights 
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):   Reporting aggregated control by Kairos Investment Management Limited  ("KIML") of the funds specified below. Report being made consequent  to management of 'Kairos International Sicav - Key' being  transferred to manager on 30 May 2016.                         x 
3. Full name of person(s) subject to the     Kairos Investment Management Limited 
notification  obligation: 
4. Full name of shareholder(s)               See number 3 
(if different from 3.): 
5. Date of the transaction and date on       30/05/2016 
which the  threshold is crossed or 
reached: 
6. Date on which issuer notified:            17/06/2016 
7. Threshold(s) that is/are crossed or       5% 
reached: 
 
 
8. Notified details: 
A: Voting rights attached to shares 
Class/type of                      Situation previous                                          Resulting situation after the triggering transaction 
shares                             to the triggering 
Nominal value of 0.1 pence         transaction 
 
if possible usingthe ISIN CODE 
                                   Number            Number                                    Number               Number of voting                               % of voting rights 
                                   of                of                                        of shares            rights 
                                   Shares            Voting 
                                                     Rights 
                                                                                               Direct               Direct                     Indirect            Direct                             Indirect 
ISIN:- GB00B015PT76                0                 0                                         750,000              750,000                                        0.032% 
B: Qualifying Financial Instruments 
Resulting situation after the triggering transaction 
Type of financial                          Expiration                    Exercise/                                                  Number of voting                                        % of voting 
instrument                                 date                          Conversion Period                                          rights that may be                                      rights 
                                                                                                                                    acquired  if the 
                                                                                                                                    instrument is 
                                                                                                                                    exercised/ converted. 
N/A                                        N/A                           N/A                                                        N/A                                                     N/A 
C: Financial Instruments with similar economic effect to  Qualifying Financial Instruments 
Resulting situation after the triggering transaction 
Type of financial                      Exercise price            Expiration date                   Exercise/                    Number of voting rights instrument refers to                % of voting rights, 
instrument                                                                                         Conversion period 
                                                                                                                                                                                            Nominal        Delta 
 
Contract for Difference                N/A                       15 January 2026                                                60,029,897 
 
 
 
                                                                 6 July 2018 
 
Contract for Difference                N/A                                                                                      65,900,000 
                                                                                                                                                                                            2.571% 
 
 
 
 
 
                                                                                                                                                                                            2.823% 
Total (A+B+C) 
Number of voting rights 
126,679,897                                                                                            5.43% 
 
 
9. Chain of controlled undertakings through which the voting  rights and/or the 
financial instruments are effectively  held, if applicable: 
Kairos Investment Management Limited ("KIML") manages  Kairos Pegasus Fund Limited ("KPFL") and on 30 May 2016,  management of Kairos International Sicav - Key (""KISK")  was transferred to KIML. 
KPFL has an interest in 60,029,897 voting rights in Goldbridges  Global Resources Plc (the "Company") pursuant to a contract  for difference that expires on 15 January 2026. KISK holds 750,000  shares in the Company and has a further interest in 65,900,000  voting rights in the Company pursuant to a contract for difference  that expires on 6 July 2018. The transfer of management of KISK to  KIML meant that the aggregate % of voting rights under management  by KIML exceeded the 5% threshold. It is our understanding that  the total voting shares outstanding of the Company is  2,334,342,130 bringing KIML's aggregate interest in voting rights  to 5.43%. 
Proxy Voting: 
10. Name of the proxy holder:                               Kairos Investment Management Limited 
11. Number of voting rights proxy holder will cease         N/A 
to  hold: 
12. Date on which proxy holder will cease to hold           N/A 
voting  rights: 
13. Additional information:       None. 
14. Contact name:                 Matthew Rae 
15. Contact telephone number:     020 7398 3036 
 
 
 
 

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(END) Dow Jones Newswires

June 21, 2016 06:32 ET (10:32 GMT)