Avesoro Resources Inc. TR-1: Notification of Major Interest in Shares (4502J)

TIDMASO

RNS Number : 4502J

Avesoro Resources Inc.

28 June 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                  Avesoro Resources Inc. 
  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)                                           Richard Griffiths and controlled 
  subject to the                                                                         undertakings 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                                              26 June 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                                 28 June 2017 
  notified: 
-----------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are                                                                     > 5% 
  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                   % of voting 
                  of              of                 of shares         voting                      rights (x) 
                  Shares          Voting                               rights 
                                  Rights 
--------------  --------------  -----------------  ----------------  --------------------------  --------------------- 
                                                    Direct            Direct         Indirect     Direct    Indirect 
                                                                       (xi)          (xii) 
--------------    ------------    -------------    ----------------  -------------  -----------  --------  ----------- 
 
 
 
  CA0515471070   221,937,529     221,937,529        286,851,471       286,851,471                 5.39% 
                --------------  -----------------  ----------------  -------------  -----------  --------  ----------- 
 
 
 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                   % of voting 
  financial       price          date             Conversion           voting rights               rights (xix, 
  instrument                     (xvii)           period               instrument                  xx) 
                                                  (xviii)              refers to 
--------------  --------------  ---------------  ------------------  --------------------------  --------------------- 
                                                                                                  Nominal     Delta 
--------------  --------------  ---------------  ------------------  --------------------------  ----------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 286,851,471                                          5.39% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------- 
   Blake Holdings Limited         185,557,000 
    Seren Investment Management 
     Limited                        88,794,471 
    Oak Trust Limited               12,500,000 
    Total                          286,851,471 
                                  ------------ 
 
 
 
   The above undertakings are all controlled by Richard 
   Griffiths 
 
 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:                                              James Sutcliffe 
-------------------------------------------------------------  ---------------- 
 15. Contact telephone number:                                     01534 719761 
-------------------------------------------------------------  ---------------- 
 
 
 
 Note: Annex should only be submitted to the FSA not 
  the issuer 
 
 
 A: Identity of the persons or legal entity subject to 
  the notification obligation 
-------------------------------------------------------- 
 Full name 
  (including legal form of 
  legal entities) 
------------------------------------------------------ 
 Contact address 
  (registered office for legal 
  entities) 
------------------------------------------------------ 
 Phone number & email 
------------------------------------------------------ 
 Other useful information 
  (at least legal representative 
  for legal persons) 
------------------------------------------------------ 
 
 B: Identity of the notifier, if applicable 
-------------------------------------------------------- 
 Full name 
------------------------------------------------------ 
 Contact address 
------------------------------------------------------ 
 Phone number & email 
------------------------------------------------------ 
 Other useful information 
  (e.g. functional relationship 
  with the person or legal 
  entity subject to the notification 
  obligation) 
------------------------------------------------------ 
 

 C: Additional information 
-------------------------------------------------------- 
 
 For notes on how to complete form TR-1 please see the 
  FSA website. 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 28, 2017 07:52 ET (11:52 GMT)