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HGM Highland Gold Mining Ld

299.60
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Highland Gold Mining Ld LSE:HGM London Ordinary Share GB0032360173 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% 299.60 299.80 300.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Highland Gold Mining Limited Holding(s) in Company (1843D)

26/10/2020 9:38am

UK Regulatory


TIDMHGM

RNS Number : 1843D

Highland Gold Mining Limited

26 October 2020

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS 
 
 1a. Identity of the issuer or the                                     Highland Gold Mining Limited 
  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                                                                                           X 
                                                                                                ------------------ 
 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                                                   Fortiana Holdings Limited 
 City and country of registered office                  Incorporated under the laws of Cyprus, 
  (if applicable)                                        registered office at Agias Elenis, 
                                                         36, Galaxias Commercial Centre, 4(th) 
                                                         floor, Office 403, 1061 Nicosia, 
                                                         Cyprus 
 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                     23/10/2020 
  crossed or reached (vi) : 
                                                       ----------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):         26/10/2020 
                                                       ----------------------------------------------------------- 
 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                   79.62%                   -                      79.62%            289,736,385 
                              -----------------------  ---------------------  ----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable)                  40.06%                   -                      40.06%            145,759,871 
                              -----------------------  ---------------------  ----------------  ------------------ 
 
 
 
 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                      % of voting rights 
  shares                   (ix) 
  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) 
                                               --------------------- 
 Ordinary shares 
  of GBP0.001 each 
  (ISIN: GB0032360173)    289,736,385           -                      79.62%                              - 
                         --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A            289,736,385                                                           79.62% 
                         -------------------------------------------  --------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of financial        Expiration            Exercise/              Number of voting                    % of voting 
  instrument               date                  Conversion Period      rights that may                     rights 
                           (x)                   (xi)                   be acquired if 
                                                                        the instrument 
                                                                        is 
                                                                        exercised/converted. 
                         --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
                                                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 financial       Expiration             Exercise/              Physical or      Number of          % of voting 
  instrument              date (x)              Conversion              cash             voting rights      rights 
                                                Period (xi)             settlement 
                                                                        (xii) 
                        ---------------------  ---------------------  ---------------  ----------------- 
 
 
 
                                                                       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 
  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                            X 
  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 it 
                                    if it equals or             through financial        equals or is higher 
                                   is higher than the           instruments if it        than the notifiable 
                                  notifiable threshold         equals or is higher            threshold 
                                                               than the notifiable 
                                                                    threshold 
                            ------------------------------  -----------------------  -------------------------- 
 Vladislav Sviblov,          79.62% (indirectly              -                        289,736,385 (indirectly 
  a citizen of Russia         through his wholly-owned                                 through his wholly-owned 
                              subsidiary Fortiana                                      subsidiary Fortiana 
                              Holdings Limited)                                        Holdings Limited) 
                            ------------------------------  -----------------------  -------------------------- 
 Fortiana Holdings 
  Limited, a company 
  incorporated under 
  the laws of Cyprus, 
  registration number 
  HE 399750                  79.62%                          -                        289,736,385 
                            ------------------------------  -----------------------  -------------------------- 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                                            --------------------------------------------------- 
 The number and % of voting rights 
  held 
                                                            --------------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                                            --------------------------------------------------- 
 
 11. Additional information (xvi) 
 289,736,385 ordinary shares of GBP0.001 each in Highland Gold Mining Limited 
  ("Highland Gold") were acquired by Fortiana Holdings Limited ("Fortiana") 
  pursuant to acceptances so far received by Fortiana of its offer for Highland 
  Gold which was made on 21 September 2020 (the "Offer"). As at the date of 
  this notification, the Offer remains open for acceptance. 
 
 
 
 Place of completion   Nicosia, Republic of Cyprus 
 Date of completion    26/10/2020 
                      ---------------------------- 
 

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END

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October 26, 2020 05:38 ET (09:38 GMT)

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