Global Resources Investment Tst PLC Holding(s) in Company (0774L)

TIDMGRIT

RNS Number : 0774L

Global Resources Investment Tst PLC

03 September 2019

Global Resources Investment Trust PLC

LEI: 2138005OJKGWG3X4SY51

For immediate release 3 September 2019

GLOBAL RESOURCES INVESTMENT TRUST PLC

("GRIT" or the "Company")

Holding in Company

The Company have today received the following TR-1 which is set out, without amendment below.

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 1. Identity of the issuer or the underlying                                       Global Resources Investment Trust 
  issuer                                                                                                      (GRIT) 
  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                 X 
  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) subject                                         Align Research & related party R Jennings 
  to the 
  notification obligation: (iii) 
                                                                      ---------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
                                                                      ---------------------------------------------- 
 5. Date of the transaction and date                                                                  8th March 2019 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                                                      ---------------------------------------------- 
 6. Date on which issuer notified:                                                                  8(th) March 2019 
                                                                      ---------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                                              3% 
                                                                      ---------------------------------------------- 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 Class/type   Situation previous                Resulting situation after the triggering 
 of            to the triggering                 transaction 
 shares        transaction 
 
 if 
 possible 
 using 
 the ISIN 
 CODE 
             --------------------------------  ----------------------------------------------------------------------- 
              Number           Number           Number          Number of voting           % of voting rights 
              of                of               of shares       rights                     (x) 
              Shares            Voting 
                                Rights 
             ---------------  ---------------  --------------  -------------------------  ---------------------------- 
                                                Direct          Direct        Indirect     Direct        Indirect 
                                                                 (xi)          (xii) 
                 -----------    -----------    --------------  ------------  -----------  ------------  -------------- 
 
 ORD shares   0                0%               1,259,820       1,259,820                  3.0 
             ---------------  ---------------  --------------  ------------  -----------  ------------  -------------- 
 
 B: Qualifying Financial Instruments 
 Resulting situation after the triggering transaction 
 Type of          Expiration     Exercise/                        Number of voting             % of voting 
 financial         date (xiii)    Conversion Period                rights that may              rights 
 instrument                       (xiv)                            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 rights 
 financial       price         date (xvii)    Conversion         rights instrument            (xix, xx) 
 instrument                                   period             refers to 
                                              (xviii) 
               -------------  -------------  ----------------  ---------------------------  -------------------------- 
 Spreadbet      N/A            N/A            N/A               150,000                      Nominal       Delta 
               -------------  -------------  ----------------  ---------------------------  ------------  ------------ 
                                                                                             0.357 
                 -----------    -----------      ------------    ----------  -----------    ------------  ------------ 
 
 Total (A+B+C) 
 Number of voting rights                          Percentage of voting rights 
                                                 --------------------------------------------------------------------- 
 0                                                3.357% 
                                                 --------------------------------------------------------------------- 
 
 
 
 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: 
 14. Contact name:                                                                R Jennings 
                                                                              -------------- 
 15. Contact telephone number:                                                 0207 609 0910 
                                                                              -------------- 
 
 

All Enquiries:

Martin Lampshire

Executive Director

07458645184

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 [e-mail] or visit www.rns.com.

END

HOLUORURKAAKRAR

(END) Dow Jones Newswires

September 03, 2019 08:04 ET (12:04 GMT)