Herencia Resources PLC Notification of Major Interest in Shares (6245I)

TIDMHER

RNS Number : 6245I

Herencia Resources PLC

20 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or 
  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 
------------------------------------------------------------------------------------------------- 
 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                                              Dilution from further issuance of       x 
  specify):                                                 shares 
---------------------------------------------------------  -------------------------------------- 
 3. Full name of person(s)                                         The Australian Special Opportunity 
  subject to the                                                                              Fund LP 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                                      Jefferies & Company as custodian 
  (if different from 3.):(iv)                                              for The Australian Special 
                                                                                  Opportunity Fund LP 
-----------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                                              May 17, 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                                June 19, 2017 
  notified: 
-----------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are                                                         19.81% to 12.87% 
  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) 
-------------      ------------      ------------  --------------  --------------  -----------  -----------  ----------- 
 GB00B069DV22   920,703,558       920,703,558       920,703,558     920,703,558     --           12.87%       -- 
               ----------------  ----------------  --------------  --------------  -----------  -----------  ----------- 
 
 
 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 (xix, 
 instrument                          (xvii)         period          rights             xx) 
                                                    (xviii)         instrument 
                                                                    refers to 
---------------  ----------------  --------------  --------------  ----------------  ----------------------------------- 
                                                                                      Nominal        Delta 
---------------  ----------------  --------------  --------------  ----------------  -------------  -------------------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ------------------------------------------------------------------- 
 920,703,558                                          12.87% 
---------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------- 
 
   Lind partners, LLC, which is controlled by Mr Jeff Easton, 
   is the manager of the Australian Special Opportunity 
   Fund, LP. 
 
 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:                                                     Jeff Easton 
--------------------------------------------------------------  ------------------ 
 15. Contact telephone number:                                   [phone] 
--------------------------------------------------------------  ------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 20, 2017 08:55 ET (12:55 GMT)