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ORR Oriole Resources Plc

0.315
-0.025 (-7.35%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Oriole Resources Plc LSE:ORR London Ordinary Share GB00B0T29327 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025 -7.35% 0.315 0.31 0.32 0.34 0.30 0.34 46,458,705 16:35:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 115k -1.62M -0.0008 -3.88 6.18M

Oriole Resources PLC Holding(s) in Company (1493B)

05/06/2019 7:01am

UK Regulatory


Oriole Resources (LSE:ORR)
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From Apr 2019 to Apr 2024

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TIDMORR

RNS Number : 1493B

Oriole Resources PLC

05 June 2019

Oriole Resources PLC

('Oriole' or 'the Company')

Holding(s) in Company

Oriole Resources PLC, the AIM-quoted exploration company focussed on West Africa, has received the below notification from Mr Remy Welschinger, confirming that he now holds 30,956,482 ordinary shares in the Company, representing 4.41% of the issued share capital.

**S **

For further information please visit www.orioleresources.com, @OrioleResources on Twitter,

or contact:

 
 Oriole Resources Plc                      Tel: +44 (0)20 830 9650 
 Tim Livesey / Bob Smeeton / Claire 
  Bay 
 
 Blytheweigh (IR/PR Contact)               Tel: +44 (0)20 7138 3204 
 Tim Blythe / Megan Ray / Rachel Brooks 
 
 Grant Thornton UK LLP                     Tel: +44 (0)20 7383 5100 
 Samantha Harrison / Ben Roberts / Niall McDonald 
 Hannam & Partners                         Tel: +44 (0)20 7907 8500 
  Neil Passmore / Andrew Chubb 
 
 Turner Pope Investments (TPI) Ltd         Tel: +44 (0)20 3621 4120 
  Ben Turner / James Pope / Andy Thacker 
 
 

Notes to Editors:

Oriole Resources PLC is an AIM-listed exploration company, operating West Africa. It is focused on early-stage exploration in Cameroon (Bibemi and Wapouzé projects) and the more advanced Dalafin gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. Year 1 commitments have been met at all three projects. The Company has several interests and royalties in companies operating throughout Africa and Turkey that could deliver future cash flow, and it continues to assess new opportunities in both regions.

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                                     Oriole 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                                                         Remy Welschinger 
 City and country of registered office                        London, UK 
  (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                           04/06/2019 
  crossed or reached(vi) : 
                                                             ---------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               04/06/2019 
                                                             ---------------------------------------- 
 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 
                            to shares (total        instruments           + 8.B)       rights of 
                                of 8. A)           (total of 8.B                       issuer(vii) 
                                                    1 + 8.B 2) 
                          ------------------  ---------------------  --------------  ---------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                           4.41%                                  4.41%       701,801,276 
                          ------------------  ---------------------  --------------  ---------------- 
 Position of 
  previous notification 
  (if applicable)                      3.34%                                  3.34% 
                          ------------------  ---------------------  --------------  ---------------- 
 
 
 
 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 
                              2004/109/EC)                      2004/109/EC)                2004/109/EC) (DTR5.1)       of Directive 
                                (DTR5.1)                         (DTR5.2.1)                                             2004/109/EC) 
                                                                                                                         (DTR5.2.1) 
                                                    ----------------------------------- 
 GB00B0T29327                  30,956,482                                                                    4.41% 
                     -----------------------------  -----------------------------------  -------------------------  ------------------ 
 
 
 SUBTOTAL 8. A                                   30,956,482                                                  4.41% 
                     ------------------------------------------------------------------  --------------------------------------------- 
 
 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(x)            Conversion Period(xi)                   rights that may                     rights 
                                                                                  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       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 
                                                                 ----------------------------  ------------------- 
 
 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                                                                     x 
  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 it equals or                      through financial                if it equals 
                                            is higher than the                     instruments if it                or is higher 
                                           notifiable threshold                   equals or is higher            than the notifiable 
                                                                                  than the notifiable                 threshold 
                                                                                       threshold 
                                -----------------------------------------  --------------------------------  ------------------------- 
 Remy Welschinger                                                   4.41%                                                        4.41% 
                                -----------------------------------------  --------------------------------  ------------------------- 
 
 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   London 
 Date of completion    04 June 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

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June 05, 2019 02:01 ET (06:01 GMT)

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