Rare Earth Minerals PLC Holding(s) in Company (4588B)

TIDMREM

RNS Number : 4588B

Rare Earth Minerals PLC

07 October 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                Rare Earth Minerals 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)                                            (1) Yorkville Advisors Global, 
  subject to the                                                                                 LLC 
  notification obligation:                                            (2) Yorkville Advisors Global, 
  (iii)                                                                                           LP 
                                                                           (3) YA Global Master SPV, 
                                                                                                Ltd. 
-----------------------------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s)                                         Jarvis Investment Management 
  (if different from 3.):(iv)                                                                    Ltd 
                                                                                 (Registered Holder) 
-----------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                                         October 06, 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                                            October 06, 2015 
  notified: 
-----------------------------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are                                                              4.00,3.00% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  --------------------------------------- 
 
 
 
 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 voting                         % of voting 
                           of                         of                        of shares              rights                                   rights (x) 
                           Shares                     Voting 
                                                      Rights 
-----------------------  -------------------------  ------------------------  ---------------------  ---------------------------------------  --------------------------------------------- 
                                                                               Direct                 Direct             Indirect              Direct                Indirect 
                                                                                                      (xi)                (xii) 
-----------------------      ---------------------    --------------------    ---------------------  -----------------  --------------------  --------------------  ----------------------- 
 
 
 
   Ordinary 
   Shares                       338,767,491                      338,767,491 
                         -------------------------  ------------------------  ---------------------  -----------------  --------------------  --------------------  ----------------------- 
 
 
 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. 
---------------------------  -----------------------  -----------------------------------------------  -----------------------------------------  ----------------------------------------- 
 9148048674 
---------------------------  -----------------------  -----------------------------------------------  -----------------------------------------  ----------------------------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Type of financial          Exercise                 Expiration              Exercise/                Number of voting                           % of voting 
  instrument                 price                   date                    Conversion                rights instrument                          rights (xix, 
                                                     (xvii)                  period                    refers to                                  xx) 
                                                                             (xviii) 
-------------------------  -----------------------  ----------------------  -----------------------  -----------------------------------------  ------------------------------------------- 
                                                                                                                                                 Nominal               Delta 
-------------------------  -----------------------  ----------------------  -----------------------  -----------------------------------------  --------------------  --------------------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                         Percentage of voting rights 
------------------------------------------------------------------------------  ----------------------------------------------------------------------------------------------------------- 
                                                                                 Below 3.00% 

(MORE TO FOLLOW) Dow Jones Newswires

October 07, 2015 02:00 ET (06:00 GMT)