KEFI Minerals plc Holding(s) in Company (9644I)

TIDMKEFI

RNS Number : 9644I

KEFI Minerals plc

14 December 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                          KEFI MINERALS 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                            X 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  -------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  -------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    -------------------------- 
 3. Full name of person(s)                                     ODEY ASSET MANAGEMENT LLP 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------- 
 5. Date of the transaction                                             11 DECEMBER 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------- 
 6. Date on which issuer                                                14 DECEMBER 2015 
  notified: 
-----------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                 26% 
-----------------------------------------------------------  --------------------------- 
 
 
 
 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) 
---------------      ---------  -----------      ------------  ----------------  ------------  -------------  ---------  --------- 
 Ordinary 
 Share 
 (GB00B1HNYB75)   94,557,870                  94,557,870        512,154,361       512,154,361                  19.54% 
---------------  --------------------------  ----------------  ----------------  ------------  -------------  ---------  --------- 
 
 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            Exercise     Expiration       Exercise/       Number of voting                % of voting 
 financial          price         date             Conversion      rights instrument               rights (xix, 
 instrument                       (xvii)           period          refers to                       xx) 
                                                   (xviii) 
-----------------  -----------  ---------------  --------------  ------------------------------  --------------------------------- 
 Contract                                                         171,000,000                     Nominal        Delta 
  for Difference 
  (CFD) 
-----------------  -----------  ---------------  --------------  ------------------------------  -------------  ------------------ 
                                                                                                  6.52% 
---------------      ---------  -----------      ------------      ------------  ------------    -------------  ------------------ 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ----------------------------------------------------------------- 
 683,154,361                                                      26.06% 
---------------------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------- 
 
   CF Odey Absolute Return Fund holds 26.06% (split between 
   19.54% in Ordinary Shares and 6.52% in CFDs) 
 
 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:                                                FERGUS LEE 
-------------------------------------------------------------  ------------- 
 15. Contact telephone number:                                  020 72081400 
-------------------------------------------------------------  ------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 14, 2015 06:59 ET (11:59 GMT)