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KAV Kavango Resources Plc

1.225
-0.025 (-2.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kavango Resources Plc LSE:KAV London Ordinary Share GB00BF0VMV24 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025 -2.00% 1.225 1.15 1.30 1.25 1.225 1.25 3,580,037 11:44:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Copper Ores 12k -2.21M -0.0026 -4.69 10.32M

Kavango Resources PLC TR-1 Notification of holding in the Company (1332Q)

16/10/2019 4:15pm

UK Regulatory


Kavango Resources (LSE:KAV)
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From Apr 2019 to Apr 2024

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TIDMKAV

RNS Number : 1332Q

Kavango Resources PLC

16 October 2019

PRESS RELEASE

16 October 2019

KAVANGO RESOURCES PLC

("the Company")

TR-1: Standard form for notification of holding(s) in the Company

Kavango Resources plc (LSE: KAV), the exploration group listed on the Standard List segment of the main market of the London Stock Exchange and targeting the discovery of world class mineral deposits in Botswana, announces that it has today received the TR-1 form as set out below in this announcement. A copy of the announcement is available on the Company's website at www.kavangoresources.com.

Total voting rights of the Company is 160,955,709.

For further information please contact:

   Kavango Resources plc                                                          +44 20 3651 5705 

Michael Foster

mfoster@kavangoresources.com

   SI Capital Limited (Joint Broker)                                                   +44 1483 413500 

Nick Emerson

   Turner Pope Investments (Joint Broker)                                     +44 20 3657 0050 

Andy Thacker and Zoe Alexander

****************************S**************************************

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                                         Kavango 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                                                     Peter Owen Anderton 
 City and country of registered office                    Cyprus 
  (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                       16 October 2019 
  crossed or reached(vi) : 
                                                         --------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):           16 October 2019 
                                                         --------------------------------------------------------- 
 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                     9.00%                                          9.00%            160,955,709 
                                -----------------------  -------------------  ----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable)                    8.38%                                         8.38% 
                                -----------------------  -------------------  ----------------  ------------------ 
 
 
 
 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) 
                                         --------------------- 
 GB00BF0VM24        14,486,796            0                      9.00% 
                   --------------------  ---------------------  -----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                      14,486,796                                             9.00% 
                   -------------------------------------------  ---------------------------------------------------------- 
 
 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              rights that may                      rights 
 instrument                               Period(xi)              be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   --------------------  ---------------------  -----------------------------------  --------------------- 
 
 
 
                                          SUBTOTAL 8. B 1           0                                 0 
                                         ---------------------  -----------------------------------  --------------------- 
 
 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) 
                  ---------------------  ---------------------  ----------------  ----------------- 
 
 
 
                                                                 SUBTOTAL 8.B.2     0                 0 
                                                                ----------------  ----------------- 
 
 
 
 
 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 
                          -------------------------  ------------------------  ---------------------- 
 Peter Owen Anderton       9.00%                      0                         9.00% 
                          -------------------------  ------------------------  ---------------------- 
 
 
 
 
 
 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) 
 
 
 
 
 Place of completion   Cyprus 
 Date of completion    16 October 2019 
                      ---------------- 
 

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

HOLUNRVRKNARAAA

(END) Dow Jones Newswires

October 16, 2019 11:15 ET (15:15 GMT)

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