Nyota Minerals Limited Holding(s) in Company (0923A)

TIDMNYO

RNS Number : 0923A

Nyota Minerals Limited

21 March 2017

For immediate release

21 March 2017

Nyota Minerals Limited

("Nyota" or the "Company")

Holding(s) in Company

The Board of Nyota Minerals Limited (ASX/ AIM: NYO) announces that on 21 March 2017 the Company received the following TR-1 notification which is set out below without material amendment:

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                  Nyota Mineral Limited 
  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                           Yes 
----------------------------------------------------------  ------------------------ 
 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)                                            Frank Walmsley 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------- 
 4. Full name of shareholder(s)                                       Frank Walmsley 
  (if different from 3.):(iv)                                   Lynn Angela Walmsley 
                                                              Leanne Claire Walmsley 
---------------------------------------------------------  ------------------------- 
 5. Date of the transaction                                                 21/03/17 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------- 
 6. Date on which issuer                                                    21/03/17 
  notified: 
---------------------------------------------------------  ------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                              3% 
---------------------------------------------------------  ------------------------- 
 
 
 
 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) 
------------      ---------  -----------      ------------  -----------  ---------  ---------  ------------  ----------- 
 A000000NTO7   56056452                    56056452          0            0                     0% 
              --------------------------  ----------------  -----------  ---------  ---------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of           Expiration                Exercise/                      Number of voting        % of voting 
 financial          date                      Conversion                     rights that             rights 
 instrument         (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) 
--------------  -----------  ---------------  -------------------------  ----------------------  ----------------------- 
                                                                                                  Nominal       Delta 
--------------  -----------  ---------------  -------------------------  ----------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ---------------------------------------------------------- 
 0                                                             0% 
------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 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:                                  Frank Walmsley - all sold 
                                                               Lynn Angela Walmsley - all 
                                                               sold 
                                                               Leanne Claire Walmsley - 
                                                               all sold 
------------------------------------------------------------  ------------------------------ 
 14. Contact name:                                                            Frank Walmsley 
------------------------------------------------------------  ------------------------------ 
 15. Contact telephone number:                                                           N/A 
------------------------------------------------------------  ------------------------------ 
 
 

For further information please visit www.nyotaminerals.com or contact:

 
                         Chairman, Nyota Minerals 
 Jonathan Morley-Kirk     Limited                    [phone] 
======================  ==========================  ================ 
                         Beaumont Cornish 
 Michael Cornish          Limited                    [phone] 
  James Biddle            Nominated Advisor           3396 
======================  ==========================  ================ 
 Rupert Williams         Smaller Company Capital     [phone] 
  Jeremy Woodgate         Limited                     2912 
======================  ==========================  ================ 
 

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 21, 2017 09:05 ET (13:05 GMT)