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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nikanor | LSE:NKR | London | Ordinary Share | GB00B182MG48 | ORD USD3.58829097070927 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 410.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2394A Nikanor Plc 13 July 2007 13 July 2007 NIKANOR - NOTIFICATION OF INTEREST Nikanor plc ("Nikanor") has been notified by RP Capital Group ("RPC") that a vehicle externally managed by RPC has received 100% of the share capital of New Horizon Minerals Ltd ("New Horizon"). As a result of the foregoing, RPC now exercises indirect management control over New Horizon (the holder of 20m Nikanor shares, representing 9.7% of the entire issued share capital of Nikanor). Entities externally managed by RPC, including RP Explorer Master Fund, hold presently approximately 21mn Nikanor shares, representing 10.2% of the entire share capital of Nikanor. Following the purchase of 25mn shares held by Glencore International AG (as described in the announcement made on 1 June 2007) entities externally managed by RPC will hold approximately 46mn Nikanor shares, 22.2% of the entire share capital of Nikanor on behalf of its investors. One such major investor is a group of companies ultimately owned by a discretionary trust for the benefit of members of the Gertler family. For further information, please contact: Nikanor PLC +44 (0)20 7529 5800 Jonathan Leslie, Executive Chairman Peter Sydney-Smith, Finance Director Richard Boorman, Head of Investor Relations Citigate Dewe Rogerson +44 (0)20 7638 9571 Kate Delahunty George Cazenove JPMorgan Cazenove +44 (0)20 7588 2828 Robert Stafler Notes to Editors Nikanor is a mining group which owns assets in the heart of the African copperbelt in the Democratic Republic of Congo. The group's key mine is KOV, containing one of the world's largest high quality copper and cobalt ore bodies. Nikanor is rehabilitating this proven and well documented brownfield site and building a major state of the art refining plant to produce 250,000 tonnes per year of LME A-grade copper cathode and 27,500 tonnes per year of cobalt products. Nikanor was admitted to the London Stock Exchange (AIM) on 17 July 2006. This information is provided by RNS The company news service from the London Stock Exchange END HOLZXLFFDDBZBBQ
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