Tower Resources PLC Holding(s) in Company (4735J)

TIDMTRP TIDMPRU

RNS Number : 4735J

Tower Resources PLC

09 September 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                            Tower 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 
-----------------------------------------------------------------  ---------------------------------- 
 Other (please specify): 
---------------------------------------------------------------    ---------------------------------- 
 3. Full name of person(s)                                      Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                             Prudential plc 
                                                                         M&G Group Limited 
                                                                            M&G Limited 
                                                                     M&G Investment Management 
                                                                              Limited 
                                                                      M&G Securities Limited 
---------------------------------------------------------  ------------------------------------------ 
 5. Date of the transaction                                             08 September 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------------ 
 6. Date on which issuer                                                09 September 2016 
  notified: 
---------------------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are                                                Below 5% 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------- 
 Class/type      Situation                  Resulting situation after the 
  of              previous                   triggering transaction 
  shares          to the triggering 
                  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 GBP0.01                                 Below                    Below                  Below 
  GB00BZ6D6J81   3,092,998     3,092,998        5%                       5%                     5% 
--------------  -----------  ------------  -----------  -----------  ---------  ----------  --------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------- 
 Type of         Expiration   Exercise/                  Number of    % of voting 
  financial       date         Conversion                voting        rights 
  instrument      (xiii)       Period (xiv)              rights 
                                                         that 
                                                         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    % of voting 
  financial       price        date         Conversion   voting        rights (xix, 
  instrument                   (xvii)       period       rights        xx) 
                                            (xviii)      instrument 
                                                         refers to 
--------------  -----------  ------------  -----------  -----------  -------------------------------- 
                                                                      Nominal                Delta 
--------------  -----------  ------------  -----------  -----------  ---------------------  --------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------- 
 Number of voting rights                    Percentage of voting rights 
-----------------------------------------  ---------------------------------------------------------- 
 Below 5%                                   Below 5% 
-----------------------------------------  ---------------------------------------------------------- 
 
 
 
 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:                                           N/A 
-------------------------------------------------------  ---------------------------------- 
 11. Number of voting rights proxy                                       N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ---------------------------------- 
 12. Date on which proxy holder will                                     N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ---------------------------------- 
 
 
  13. Additional information:                                We no longer hold a notifiable 
                                                             interest. 
-------------------------------------------------------  ---------------------------------- 
 14. Contact name:                                        John Baker / Owen Smith / 
                                                           James Todd 
                                                           M&G Investment Management 
                                                           Limited 
-------------------------------------------------------  ---------------------------------- 
                                                          020 7548 2561 / 020 7004 
 15. Contact telephone number:                             4517 / 020 7548 2293 
-------------------------------------------------------  ---------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 09, 2016 10:53 ET (14:53 GMT)