Metminco Limited Change in substantial shareholding (4294A)

TIDMMNC

RNS Number : 4294A

Metminco Limited

28 December 2017

 
 AIM ANNOUNCEMENT   28 December 2017 
 
 

CHANGE IN HOLDINGS OF SUBSTANTIAL SHAREHOLDER

Metminco Limited ("Metminco" or the "Company") (ASX: MNC; AIM: MNC) received notice on the 27 December 2017 that Lanstead Capital LP ("Lanstead") has reduced its shareholding in the Company from 25,316,456 ordinary shares representing 19.90% of the Company's issued share capital to 19,316,456 ordinary shares representing 15.19% of the Company's issued share capital. Lanstead divested 6,000,000 ordinary shares on 20 December 2017 at a price of A$0.048.

 
 
   For further information, 
   please contact: 
   METMINCO LIMITED 
 Graeme Hogan                        Office: +61 (0) 2 
                                      9460 1856 
 
 NOMINATED ADVISOR AND BROKER 
 RFC Ambrian 
 Australia 
 Andrew Thomson / Alena Broesder     Office: +61 (0) 2 
                                      9250 0000 
 
 United Kingdom 
 Charlie Cryer                       Office: +44 (0) 20 
                                      3440 6800 
 
 JOINT BROKER 
 SP Angel Corporate Finance 
  LLP (UK) 
 Ewan Leggat                         Office: +44 (0) 20 
                                      3470 0470 
 
 PUBLIC RELATIONS 
 Camarco 
  United Kingdom 
 Gordon Poole / Nick Hennis          Office: + 44 (0) 20 
                                      3757 4997 
 
 Media + Capital Partners 
 Australia 
 Luke Forrestal                      Office: +61 (0) 411 
                                      479 144 
 

Forward Looking Statement

All statements other than statements of historical fact included in this announcement including, without limitation, statements regarding future plans and objectives of Metminco are forward-looking statements. When used in this announcement, forward-looking statements can be identified by words such as "anticipate", "believe", "could", "estimate", "expect", "future", "intend", "may", "opportunity", "plan", "potential", "project", "seek", "will" and other similar words that involve risks and uncertainties.

These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of this announcement, are expected to take place. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, its directors and management of Metminco that could cause Metminco's actual results to differ materially from the results expressed or anticipated in these statements.

The Company cannot and does not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this announcement will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements. Metminco does not undertake to update or revise forward-looking statements, or to publish prospective financial information in the future, regardless of whether new information, future events or any other factors affect the information contained in this announcement, except where required by applicable law and stock exchange listing

This information is provided by RNS

The company news service from the London Stock Exchange

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December 28, 2017 02:00 ET (07:00 GMT)