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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
West African | LSE:WAFM | London | Ordinary Share | VGG9544K1021 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.25 | 1.00 | 1.50 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMWAFM
RNS Number : 3562I
West African Minerals Corporation
16 June 2017
For immediate release
16 June 2017
West African Minerals Corporation
("West African" or the "Company")
Holding(s) in Company
The Board of the Company announces that the Company has received today the following TR-1 notification which is set out below without material amendment:
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) -------------------------------------------------- 1. Identity of the issuer or WEST AFRICAN MINERALS CORPORATION 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 -------------------------------------------------------------- ---------------------------------- 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) PLINIAN CAPITAL LIMITED subject to the notification obligation: (iii) ------------------------------------------------------------- ----------------------------------- 4. Full name of shareholder(s) HUNTRESS (CI) NOMINEES LIMITED (if different from 3.):(iv) ------------------------------------------------------------- ----------------------------------- 5. Date of the transaction 16TH JUNE 2017 and date on which the threshold is crossed or reached: (v) ------------------------------------------------------------- ----------------------------------- 6. Date on which issuer 16TH JUNE 2017 notified: ------------------------------------------------------------- ----------------------------------- 7. Threshold(s) that is/are crossed or reached: (vi, vii) 3,4,5,6,7,8% ------------------------------------------------------------- ----------------------------------- 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) -------------- ------------ ------------ -------------- --------- ------------ ------------ ----------- VGG9544K1021 32,353,998 32,353,998 0 0 0% ---------------- ---------------- -------------- --------- ------------ ------------ ----------- 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 (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 ---------------------------------------------------- ---------------------------------------------------------------- 0 0% ---------------------------------------------------- ---------------------------------------------------------------- 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: EXECUTION ONLY AND NOMINEE BROKER ------------------------------------------------------------- ----------------------------- 14. Contact name: LEE HAMMOND ------------------------------------------------------------- ----------------------------- 15. Contact telephone number: 01481 732760 ------------------------------------------------------------- -----------------------------
For further information contact:
West African Minerals Corporation Gerard Holden +44 (0) 1624 639 396 Roland Cornish Beaumont Cornish Limited (Nominated Adviser) Michael Cornish +44 (0)20 7628 3396 Beaufort Securities Limited (Broker) Jon Belliss +44 (0)20 7382 8300
About West African Minerals Corporation
West African Minerals Corporation ((AIM: WAFM) is an iron ore mining and exploration group which has built a portfolio of iron ore assets. Through its 100 % owned subsidiary Compagnie Minière du Cameroun SA, the Group owns exploration licenses spanning the coastal regions in proximity to existing and developing ports, to licenses in the southeast along the extensive iron ore corridor that hosts other advanced deposits.
Further information and a copy of this announcement is available on the Group is available at www.westafricanminerals.com
SHOLUNAURBSANAAR
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June 16, 2017 08:18 ET (12:18 GMT)
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