Polemos PLC Holding(s) in Company (9605G)

TIDMPLMO TIDMPRS

RNS Number : 9605G

Polemos PLC

11 August 2016

11 August 2016

Polemos plc

("Polemos" or the "Company")

Holding(s) in Company

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

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)                                                                    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                                                                              11 August 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
------------------------------------------------  --------------------------------------------------------------------- 
 6. Date on which issuer                                                                                 11 August 2016 
  notified: 
------------------------------------------------  --------------------------------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                                                24% 
------------------------------------------------  --------------------------------------------------------------------- 
 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) 
-----------        -----------    ------------  ----------------  --------------  ------------  ----------  ----------- 
 
   Ordinary          -                 -         375,000,000       375,000,000                   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                          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 
--------------------------------------------------  ------------------------------------------------------------------- 
 375,000,000                                         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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August 11, 2016 08:53 ET (12:53 GMT)