Mithril Capital PLC Holding(s) in Company (8328P)

TIDMMITH

RNS Number : 8328P

Mithril Capital PLC

11 June 2015

MITHRIL CAPITAL PLC

(the "Company")

NOTIFICATION OF MAJOR INTEREST IN SHARES

The Company received notification on 9 June 2015 that Barnard Nominees Ltd now holds 7,775,000 ordinary shares in Mithril Capital Plc (LSE: MITH), representing 6.06 per cent. of the issued share capital of the Company.

Barnard Nominees Ltd's holding comprises of:

1. 6,550,000 Ordinary Shares of GBP0.01 each (representing 5.11 per cent. of the issued share capital of the Company), held on behalf of its discretionary clients; and

2. 1,225,000 Ordinary Shares of GBP0.01 each (representing 0.95 per cent, of the issued share capital of the Company), held in execution only accounts.

Enquiries

 
 Mithril Capital plc                                     www.mithril-capital.com 
 Rodger Sargent, Peter Redmond &                              Tel: [phone] 
  Tom Pridmore 
 Peter Redmond, Company Secretary 
 
 Walbrook PR Ltd                    Tel: [phone] or [e-mail] 
 Paul McManus                                                 Mob: [phone] 
 

About Mithril Capital Plc

The Company has been formed to undertake an acquisition of a target company or business (the Acquisition). There is no specific expected target value for the Acquisition and the Company expects that any funds not used for the Acquisition will be used for future acquisitions, internal or external growth and expansion, and working capital in relation to the acquired company or business.

Following completion of the Acquisition, the objective of the Company will be to operate the acquired business and implement an operating strategy with a view to generating value for its shareholders through operational improvements as well as potentially through additional complementary acquisitions following the Acquisition. Following the Acquisition, the Company intends to seek re-admission of the enlarged group to listing on the Official List and trading on the London Stock Exchange or admission to another stock exchange.

The Company's efforts in identifying a prospective target company or business will be focused on the TMT (technology, media and telecommunications) sector. The founders and the board have extensive experience in sourcing and executing transactions in numerous sectors. Generally the Company would prefer to acquire a business with above average growth prospects.

This information is provided by RNS

The company news service from the London Stock Exchange

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