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GLR Galileo Resources Plc

1.20
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Galileo Resources Plc LSE:GLR London Ordinary Share GB00B115T142 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.20 1.15 1.25 1.225 1.20 1.225 3,197,285 12:39:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 289k -1.47M -0.0013 -9.23 13.96M

Galileo Resources PLC Holding(s) in Company (9972B)

26/09/2018 9:58am

UK Regulatory


Galileo Resources (LSE:GLR)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Galileo Resources Charts.

TIDMGLR

RNS Number : 9972B

Galileo Resources PLC

26 September 2018

For immediate release

26 September 2018

Galileo Resources Plc

("Galileo" or "the Company")

Holdings in Company

The Company have received a TR-1 which is set out, without amendment, below:

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                       Galileo Resources PLC 
  underlying issuer of existing shares 
  to which voting rights are attached(ii) 
  : 
                                                             -------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                     ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                           X 
                                                                                                     ---- 
 An acquisition or disposal of financial instruments 
                                                                                                     ---- 
 An event changing the breakdown of voting rights 
                                                                                                     ---- 
 Other (please specify)(iii) : 
                                                                                                     ---- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                         Peel Hunt LLP 
 City and country of registered office                        London, United Kingdom 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name 
                                                             -------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                             -------------------------------------------- 
 5. Date on which the threshold was                           21/09/2018 
  crossed or reached(vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               25/09/2018 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both   Total number 
                            rights attached      through financial     in % (8.A +     of voting rights 
                            to shares (total        instruments            8.B)        of issuer(vii) 
                                of 8. A)           (total of 8.B 
                                                    1 + 8.B 2) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               13.06%              n/a                    13.06%              39,767,806 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              12.83% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights(ix)                              % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                            Direct                      Indirect                      Direct                  Indirect 
                      (Art 9 of Directive         (Art 10 of Directive          (Art 9 of Directive     (Art 10 of Directive 
                          2004/109/EC)                2004/109/EC)             2004/109/EC) (DTR5.1)        2004/109/EC) 
                            (DTR5.1)                   (DTR5.2.1)                                            (DTR5.2.1) 
                                             ----------------------------- 
 GB00B115T142       39,767,806                n/a                            13.06%                     n/a 
                   ------------------------  -----------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A      39,767,806                                                                   13.06% 
                   -------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                            Number of voting                  % of voting 
  financial          date(x)      Conversion Period(xi)                rights that may                   rights 
  instrument                                                           be acquired if 
                                                                       the instrument 
                                                                       is 
                                                                       exercised/converted. 
                   -----------  -----------------------------------  --------------------------------  --------------------- 
 n/a 
                   -----------  -----------------------------------  --------------------------------  --------------------- 
 
 
                                 SUBTOTAL 8. B 1 
                                -----------------------------------  --------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of       Expiration        Exercise/               Physical or              Number of             % of voting 
  financial     date(x)           Conversion              cash                     voting rights         rights 
  instrument                      Period (xi)             settlement(xii) 
              ----------------  ----------------------  -----------------------  -------------------- 
 n/a 
                   -----------  ----------------------  -----------------------  -------------------- 
 
 
                                                         SUBTOTAL 8.B.2 
                                                        -----------------------  -------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled                        x 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity(xiv) (please add additional 
  rows as necessary) 
     Name(xv)        % of voting rights      % of voting rights       Total of both if 
                       if it equals or        through financial        it equals or is 
                      is higher than the      instruments if it        higher than the 
                     notifiable threshold    equals or is higher     notifiable threshold 
                                             than the notifiable 
                                                  threshold 
                   ----------------------  ---------------------  ------------------------ 
 n/a 
                   ----------------------  ---------------------  ------------------------ 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                   n/a 
                                           ----------------------------------------------- 
 The number and % of voting rights          n/a 
  held 
                                           ----------------------------------------------- 
 The date until which the voting rights     n/a 
  will be held 
                                           ----------------------------------------------- 
 
 11. Additional information(xvi) 
 n/a 
 
 
 
 Place of completion   London 
 Date of completion    25/09/2018 
                      ----------- 
 

You can also follow Galileo on Twitter: @GalileoResource

For further information, please contact: Galileo Resources PLC

 
 Colin Bird, Chairman                  Tel +44 (0) 20 7581 4477 
  Andrew Sarosi, Executive Director     Tel +44 (0) 1752 221937 
 Beaumont Cornish Limited - Nomad      Tel +44 (0) 20 7628 3396 
  Roland Cornish/James Biddle 
                                      ------------------------- 
 Novum Securities Limited - Broker 
  Colin Rowbury /Jon Belliss           +44 (0) 20 7399 9400 
                                      ------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

September 26, 2018 04:58 ET (08:58 GMT)

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