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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.005 | 1.75% | 0.29 | 0.28 | 0.30 | 0.32 | 0.285 | 0.32 | 23,235,704 | 16:35:10 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 115k | -1.62M | -0.0008 | -3.75 | 5.98M |
From May 2019 to May 2024
TIDMORR
RNS Number : 7564D
Oriole Resources PLC
30 October 2020
Oriole Resources PLC
('Oriole' or 'the Company')
Holding(s) in Company
Oriole Resources PLC, the AIM-quoted exploration company focussed on West Africa, a nnounces that, as a result of the successful placing of GBP1.87 million before expenses announced on 7 October 2020, and the subsequent issuance of those shares to AIM yesterday, Teck Resources Limited's holding in the Company has been diluted to below 3% and consequently it no longer has a notifiable interest .
**S **
For further information please visit www.orioleresources.com , @OrioleResources on Twitter,
or contact:
Oriole Resources PLC Tel: +44 (0)20 7830 9650 Tim Livesey / Bob Smeeton / Claire Bay Blytheweigh (IR/PR contact) Tel: +44 (0)20 7138 3204 Tim Blythe / Megan Ray / Rachael Brooks Grant Thornton UK LLP Tel: +44 (0)20 7383 5100 Samantha Harrison / Niall McDonald Shard Capital Partners LLP Tel: +44 (0)20 186 9900 Damon Heath / Erik Woolgar / Isabella Pierre
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 Senala gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. Year 2 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
Hot Features
Premium
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:
----------------------------------------
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
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights X
Other (please specify)(iii) :
3. Details of person subject to the notification obligation (iv)
Name Teck Resources Limited
City and country of registered office Vancouver, Canada
(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 29/10/2020
crossed or reached (vi) :
----------------------------------------
6. Date on which issuer notified (DD/MM/YYYY): 29/10/2020
----------------------------------------
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
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 <3% 0 <3% 1,461,155,197
------------------ --------------------- -------------- ----------------
Position of
previous notification
(if applicable) 14.30% 0 14.30%
------------------ --------------------- -------------- ----------------
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
2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) of Directive
(DTR5.1) (DTR5.2.1) 2004/109/EC)
(DTR5.2.1)
------------------------------
SUBTOTAL 8. A
---------------------------------------------------------- ----------------------------------------------
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 Conversion Period rights that may rights
instrument (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 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 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 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
----------------------------------- ----------------------------------- -------------------------
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 Vancouver, Canada
Date of completion 29/10/2020
------------------
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END
HOLKKKBKCBDKFKN
(END) Dow Jones Newswires
October 30, 2020 05:09 ET (09:09 GMT)
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