Polemos PLC Holding(s) in Company (2148E)

TIDMPLMO

RNS Number : 2148E

Polemos PLC

14 July 2016

14 July 2016

Polemos plc

("Polemos" or the "Company")

Holdings in Company

The Board of Polemos; announces that the Company has received the following TR-1 notification which is set out below.

END.

For further information, please contact:

 
Polemos plc 
 Jason Berry, Non-Executive Director 
 Hamish Harris, Executive Chairman     [phone] 
Beaumont Cornish Limited (Nominated 
 Adviser and Broker) 
 James Biddle/Michael Cornish          [phone] 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer                                                                                   POLEMOS PLC 
  or 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      Change in share capital of Polemos 
  specify):          Plc 
-----------------  ----------------------------------------------------------------------------------------  ----------- 
 3. Full name of person(s)                                                                     BEAUFORT NOMINEES LIMITED 
  subject to the 
  notification obligation: 
  (iii) 
--------------------------------------------------  -------------------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------------  -------------------------------------------------------------------- 
 5. Date of the transaction                                                                             13(th) July 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
--------------------------------------------------  -------------------------------------------------------------------- 
 6. Date on which issuer                                                                                13(th) July 2016 
  notified: 
--------------------------------------------------  -------------------------------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                                                 14% 
--------------------------------------------------  -------------------------------------------------------------------- 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type     Situation previous                 Resulting situation after the triggering 
  of             to the triggering                  transaction 
  shares         transaction 
 
  if possible 
  using 
  the 
  ISIN 
  CODE 
-------------  ---------------------------------  ---------------------------------------------------------------------- 
                Number             Number          Number            Number of voting             % of voting 
                of                  of              of shares         rights                       rights (x) 
                Shares              Voting 
                                    Rights 
-------------  -----------------  --------------  ----------------  ---------------------------  ----------------------- 
                                                   Direct            Direct          Indirect     Direct      Indirect 
                                                                      (xi)            (xii) 
-------------        -----------    ------------  ----------------  --------------  -----------  ----------  ----------- 
 ORD NPV                                           227,500,000       227,500,000                  14.92% 
               -----------------  --------------  ----------------  --------------  -----------  ----------  ----------- 
 GB0032654641 
-------------        -----------    ------------      ------------    ------------  -----------    --------  ----------- 
 
 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                          may be 
                                      (xiv)                           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 (xvii)     Conversion         rights instrument            rights (xix, 
  instrument                                       period             refers to                    xx) 
                                                   (xviii) 
---------------  ---------------  --------------  ----------------  ---------------------------  ----------------------- 
                                                                                                  Nominal     Delta 
---------------  ---------------  --------------  ----------------  ---------------------------  ----------  ----------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ------------------------------------------------------------------ 
 227,500,000                                           14.92% 
----------------------------------------------------  ------------------------------------------------------------------ 
 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: 
----------------------------------------------------  ------------------------------------------------------------------ 
 15. Contact telephone number:                                                                             020 7382 8332 
----------------------------------------------------  ------------------------------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLAKQDQKBKDPOD

(END) Dow Jones Newswires

July 14, 2016 06:49 ET (10:49 GMT)