Red Rock Resources plc Holding(s) in Company (4714J)

TIDMRRR TIDMMTR

RNS Number : 4714J

Red Rock Resources plc

28 June 2017

Red Rock Resources plc

("Red Rock" or the "Company")

Holding(s) in Company

28 June 2017

The Board of Red Rock announces that the Company has received the following TR-1 notification, which is set out below without amendment.

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                            Red Rock Resources plc 
  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)                                                      Metal Tiger plc 
  subject to the notification 
  obligation: (iii) 
-----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s)                                Beaufort Nominees Ltd 27,500,000 
  (if different from 3.):(iv)                                                   ordinary shares 
                                                                                            and 
                                                                    Hargreave Hale Nominees Ltd 
                                                                     36,571,427 ordinary shares 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                                      23rd June 2017 
  and date on 
  which the threshold 
  is crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                                       27(th) June 2017 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that 
  is/are crossed or 
  reached: (vi, vii)                                                                        14% 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 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              voting                        rights (x) 
                 Shares           Voting           shares          rights 
                                  Rights 
-------------  ---------------  ---------------  --------------  ----------------------------  ----------------------- 
                                                  Direct          Direct         Indirect       Direct     Indirect 
                                                                  (xi)            (xii) 
-------------      -----------    -----------    --------------  -------------  -------------  ---------  ------------ 
 GB00B15XDH89   70,071,427       70,071,427                                      64,071,427                13.46% 
               ---------------  ---------------  --------------  -------------  -------------  ---------  ------------ 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                        Number of voting                       % of 
 financial           date           Conversion                       rights that                            voting 
 instrument          (xiii)         Period (xiv)                     may be                                 rights 
                                                                     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        % of voting 
 financial         price         date           Conversion         voting rights    rights (xix, 
 instrument                      (xvii)         period             instrument       xx) 
                                                (xviii)            refers to 
---------------  -------------  -------------  ----------------  ---------------  ------------------------------------ 
                                                                                   Nominal                 Delta 
---------------  -------------  -------------  ----------------  ---------------  ----------------------  ------------ 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 64,071,427                                         13.46% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ---------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  ---------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  ---------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  ---------------- 
 14. Contact name:                                              Keith Springall 
-------------------------------------------------------------  ---------------- 
 15. Contact telephone number:                                    0207 099 0738 
-------------------------------------------------------------  ---------------- 
 
 

For further information contact:

Andrew Bell 0207 747 9960 Chairman Red Rock Resources Plc

Scott Kaintz 0207 747 9960 Executive Director Red Rock Resources Plc

   Roland Cornish/Rosalind Hill Abrahams 0207 628 3396         NOMAD Beaumont Cornish Limited 

Jason Robertson 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 28, 2017 10:29 ET (14:29 GMT)