Holding(s) in Company (7055S)

TIDMGTL TIDMNAS TIDMOIG

RNS Number : 7055S

GTL Resources PLC

24 November 2011

 
 TR-1: Notifications of Major Interests in Shares 
------------------------------------------------- 
 
 
 
  1. Identity of the issuer or the underlying         GTL Resources Plc 
  issuer of existing shares to which voting 
  rights are attached: 
--------------------------------------------------  ----------------------------------- 
 
  2. Reason for notification (yes/no) 
--------------------------------------------------------------------------------------- 
                                                                             Yes 
  An acquisition or disposal of voting rights 
--------------------------------------------------------------------------  ----------- 
 
  An acquisition or disposal of financial instruments 
  which may result in the acquisition of shares already 
  issued to which voting rights are attached 
--------------------------------------------------------------------------  ----------- 
 
  An event changing the breakdown of voting rights 
--------------------------------------------------------------------------  ----------- 
 
  Other (please specify):______________ 
--------------------------------------------------------------------------  ----------- 
 
  3. Full name of person(s) subject         Harwood Capital LLP (formerly 
  to notification obligation:               North Atlantic Value LLP) (as 
                                            investment manager/adviser) 
----------------------------------------  --------------------------------------------- 
                                                1. North Atlantic Smaller Companies 
  4. Full name of shareholder(s)                 Investment Trust PLC 
  (if different from 3):                         2. Oryx International Growth 
                                                 Fund Limited 
                                                 3. Trident Private Equity Fund 
                                                 III LP 
----------------------------------------  --------------------------------------------- 
 
  5. Date of transaction (and date          22 November 2011 
  on which the threshold is crossed 
  or reached if different): 
----------------------------------------  --------------------------------------------- 
 
  6. Date on which issuer notified:         23 November 2011 
----------------------------------------  --------------------------------------------- 
 
  7. Threshold(s) that is/are crossed       Total holding through 25% 
  or reached: 
----------------------------------------  --------------------------------------------- 
 
 
 
 8: Notified Details 
--------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
--------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous        Resulting situation after the triggering 
  of shares      to the triggering         transaction 
  If possible    transaction 
  use ISIN 
  code 
-------------  ------------------------  ---------------------------------------------------------- 
                Number       Number       Number       Number of voting      Percentage of 
                 of shares    of voting    of shares    rights                voting rights 
                              rights 
-------------  -----------  -----------  -----------  --------------------  ----------------------- 
 
                                                        Direct    Indirect    Direct    Indirect 
-------------  -----------  -----------  -----------  --------  ----------  --------  ------------- 
 
  Ordinary shares 
  Sedol: B1HT233 
 
 
  Holder 1 3,848,686 3,848,686 3,848,686 3,848,686 12.03% 
 
  Holder 2 3,400,000 3,400,000 3,400,000 3,400,000 10.63% 
 
  Holder 3 740,000 740,000 1,040,000 1,040,000 3.25% 
 
 
  TOTAL: 25.91% 
--------------------------------------------------------------------------------------------------- 
 
 
 
 B: Financial Instruments 
----------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/      No. of voting           Percentage 
  instrument          date         conversion     rights that             of voting 
                                   period/date    may be acquired         rights 
                                                  (if the instrument 
                                                  exercised/converted) 
------------------  -----------  -------------  ----------------------  ----------- 
 
 
 
 Total (A+B) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 
  8,288,686                 25.91% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting 
  rights and /or the financial instruments are effectively held, 
  if applicable: 
---------------------------------------------------------------- 
 Not applicable 
---------------------------------------------------------------- 
 
 
 Proxy Voting: 
----------------------------------------- 
 10. Name of proxy holder:            N/A 
-----------------------------------  ---- 
 11. Number of voting rights proxy    N/A 
  holder will cease to hold: 
-----------------------------------  ---- 
 12. Date on which proxy holder       N/A 
  will cease to hold voting rights: 
-----------------------------------  ---- 
 
 
 13. Additional information:    Harwood Capital LLP is the investment 
                                 manager/advisor in respect of 
                                 the full 25.91% holding as it 
                                 is investment manager/adviser 
                                 to Holders 1, 2 and 3. 
-----------------------------  -------------------------------------- 
 14 Contact name:               Bonita Guntrip 
-----------------------------  -------------------------------------- 
 15. Contact telephone name:    020 7747 5681 
-----------------------------  -------------------------------------- 
 

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

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