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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Oriel Res. | LSE:ORI | London | Ordinary Share | GB0034246743 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 121.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number : 8174U
Oriel Resources PLC
19 May 2008
AIM: ORI
TSX: ORL
PRESS RELEASE
19 May, 2008
Oriel Resources Plc ("Oriel" or the "Company")
Holding(s) in Company
_________________________________________________________________________ _____________
Oriel Resources Plc ("Oriel", or the "Company"), the London-based chrome and nickel mining and processing company, announces that on 19
May 2008 it received a notification given in fulfilment of the obligations imposed under Chapter 5 of the Disclosure Transparency Rules by
RAB Capital PLC, that following the disposal of 100% of interest in Oriel on 15 April 2008, it no longer holds a notifiable interest in the
Company.
This follows RAB Capital Plc's previous holding of 46,536,630 or 7.28% of the Ordinary shares of 1p each of Oriel Resources PLC.
RAB Capital Plc acts as investment manager for RAB Special Situations (Master) Fund Limited and RAB Energy Fund Limited. RAB Capital plc
does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is
Credit Suisse Client Nominees (UK) Limited.
ENDS
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For further information please contact:
David Swan, Company Secretary, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590
Gavin Dallas, Marketing and PR, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590
Ryan Gaffney, Canaccord Adams Limited
Tel: +44 (0) 20 7050 6500
Michael Padley / Michael Spriggs, Bankside Consultants
Tel: +44 (0) 20 7367 8888
Keith Schaefer, Vanguard Shareholder Solutions
Tel: + 1 604 608 0824
www.orielresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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