Pires Investments PLC Holding(s) in Company (9591Q)

TIDMPIRI TIDMPRS

RNS Number : 9591Q

Pires Investments PLC

05 December 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                     Pires Investments 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 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  ----------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  ----------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    ----------------------------- 
 3. Full name of person(s)                                      Paternoster Resources plc 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------ 
 5. Date of the transaction                                          1 December 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------ 
 6. Date on which issuer                                             2 December 2016 
  notified: 
-----------------------------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are 
  crossed or                                                  18%,19%, 20%, 21%, 22%, 23%, 
  reached: (vi, vii)                                                       24% 
-----------------------------------------------------------  ------------------------------ 
 
 
 
 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 (xi)     Indirect     Direct        Indirect 
                                                                                  (xii) 
-----------      -----------    ------------    --------------  --------------  -----------  ------------  ----------- 
 
              5,000,000        5,000,000         8,333,333       8,333,333                    24.6% 
-----------  ---------------  ----------------  --------------  --------------  -----------  ------------  ----------- 
 
 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 
------------------------------------------------------------  -------------------------------------------------------- 
 8,333,333                                                     24.6% 
------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 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: 
-------------------------------------------------------------  -------------- 
 14. Contact name:                                              Nicholas Lee 
-------------------------------------------------------------  -------------- 
 15. Contact telephone number:                                  020 7580 7576 
-------------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 05, 2016 04:48 ET (09:48 GMT)