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SAV Savannah Resources Plc

3.35
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Savannah Resources Plc LSE:SAV London Ordinary Share GB00B647W791 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.35 3.30 3.40 3.35 3.35 3.35 2,161,589 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -2.86M -0.0016 -20.94 61.24M

Savannah Resources PLC Holding(s) in Company (0878Q)

24/11/2016 12:01pm

UK Regulatory


TIDMSAV

RNS Number : 0878Q

Savannah Resources PLC

24 November 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                         Savannah Resources 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                            X 
------------------------------------------------------------  ------------------------------ 
 Other (please 
  specify): 
----------------------------------------------------------    ------------------------------ 
 3. Full name of person(s)                                                     Al Marjan Ltd 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------- 
 5. Date of the transaction                                                       17/10/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------- 
 6. Date on which issuer 
  notified:                                                                       24/11/2016 
 
                                                                   Please note that Savannah 
                                                                 Resources Plc issued an RNS 
                                                                 on 12/10/2016 in respect of 
                                                                                        this 
-----------------------------------------------------------  ------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                28%, 29% 
-----------------------------------------------------------  ------------------------------- 
 
 
 
 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) 
-------------      ------------    ------------    --------------  --------------  -----------  ------------  ------------- 
 
 GB00B647W791   115,248,329       115,248,329       134,830,329     134,830,329                  29.99% 
-------------  ----------------  ----------------  --------------  ----------------  ---------  ------------  ------------- 
 
 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 
---------------------------------------------------  ---------------------------------------------------------------------- 
 134,830,329                                          29.99% 
---------------------------------------------------  ---------------------------------------------------------------------- 
 
 
 
 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:                                                  Paul McRory 
-------------------------------------------------------------  ---------------- 
 15. Contact telephone number:                                  +41 22 888 0624 
-------------------------------------------------------------  ---------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEAFFLADPKFFF

(END) Dow Jones Newswires

November 24, 2016 07:01 ET (12:01 GMT)

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