Bacanora Minerals Ltd Holding(s) in Company (5273G)

TIDMBCN TIDMPRU

RNS Number : 5273G

Bacanora Minerals Ltd

20 November 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                      Bacanora Minerals Ltd 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
----------------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                 X 
----------------------------------------------------------  ---------------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition of 
  shares already issued to which voting rights are 
  attached 
----------------------------------------------------------  ---------------------------------- 
 An acquisition or disposal of instruments with similar 
  economic effect to qualifying financial instruments 
----------------------------------------------------------  ---------------------------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------  ---------------------------------- 
 Other (please specify): 
----------------------------------------------------------  ---------------------------------- 
 3. Full name of person(s)                                   Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s)                                       Prudential plc 
  (if different from 3.):(iv)                                        M&G Group Limited 
                                                                        M&G Limited 
                                                                 M&G Investment Management 
                                                                          Limited 
                                                                   M&G Securities Limited 
----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                          19 November 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                             20 November 2015 
  notified: 
----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                        8% 
----------------------------------------------------------  ---------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the 
  of             to the triggering                 triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------  --------------------------------------------------------------------- 
                Number           Number           Number          Number of                   % of voting 
                of                of               of shares       voting                      rights (x) 
                Shares            Voting                           rights 
                                  Rights 
-------------  ---------------  ---------------  --------------  --------------------------  ------------------------- 
                                                  Direct          Direct        Indirect      Direct        Indirect 
                                                                   (xi)          (xii) 
-------------      -----------    -----------    --------------  ------------  ------------  ------------  ----------- 
                    Below            Below 
 CA05634Q1054         3%               3%           8,399,642      8,399,642         0           8.69%          0 
-------------  ---------------  ---------------  --------------  ------------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                        Number of voting              % of voting 
 financial           date           Conversion                       rights that                   rights 
 instrument          (xiii)         Period (xiv)                     may be 
                                                                     acquired if 
                                                                     the 
                                                                     instrument 
                                                                     is 
                                                                     exercised/ 
                                                                     converted. 
-----------------  -------------  -------------------------------  ----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/         Number of voting              % of voting 
 financial         price         date           Conversion         rights instrument             rights (xix, 
 instrument                      (xvii)         period             refers to                     xx) 
                                                (xviii) 
---------------  -------------  -------------  ----------------  ----------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  -------------  -------------  ----------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 8,399,642                                          8.69% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------- 
 
   Prudential plc (parent Company) - 8,399,642 (8.69%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 8,399,642 (8.69%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 8,399,642 (8.69%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Limited) - 8,399,642 (8.69%) 
   M&G Securities Limited (wholly owned subsidiary of M&G 
   Limited) - 8,399,642 (8.69%) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                        N/A 
--------------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy                                    N/A 
  holder will cease 
  to hold: 
--------------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will                                  N/A 
  cease to hold 
  voting rights: 
--------------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
--------------------------------------------------------  --------------------------- 
 14. Contact name:                                         Owen Smith / James Todd 
                                                            M&G Investment Management 
                                                            Limited 
--------------------------------------------------------  --------------------------- 
                                                           020 7004 4517 / 020 7548 
 15. Contact telephone number:                              2293 
--------------------------------------------------------  --------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 20, 2015 12:16 ET (17:16 GMT)