Tungsten Corporation PLC Holding(s) in Company (5216T)

TIDMTUNG

RNS Number : 5216T

Tungsten Corporation PLC

25 November 2021

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B7Z0Q502

Issuer Name

TUNGSTEN CORPORATION PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Archon Capital Management LLC

City of registered office (if applicable)

Seattle

Country of registered office (if applicable)

United States

4. Details of the shareholder

 
  Name                             City of registered office    Country of registered office 
   Morgan Stanley & Co Intl Plc     London                       UK 
                                 ===========================  ============================== 
 

5. Date on which the threshold was crossed or reached

24-Nov-2021

6. Date on which Issuer notified

24-Nov-2021

7. Total positions of person(s) subject to the notification obligation

 
          .               % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                11.600000               0.000000                11.600000               14676000 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            10.530000               0.000000                10.530000               13326000 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
Ordinary Shares 
 GB00B7Z0Q502              0                       14676000                0.000000                11.600000 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              14676000                                        11.600000% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           rights 
 
Sub Total 8.B2 
                    =========================================================  ===================  ================== 
 

9. Information in relation to the person subject to the notification obligation

2. 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 entities (please add additional rows as necessary)

 
Ultimate controlling     Name of controlled       % of voting rights if  % of voting rights     Total of both if it 
person                   undertaking              it equals or is        through financial      equals or is higher 
                                                  higher than the        instruments if it      than the notifiable 
                                                  notifiable threshold   equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
   Constantinos             Constantinos 
    Christofilis             Christofilis            11.600000              0.000000               11.600000% 
                         =======================  =====================  =====================  ====================== 
   Archon Capital           Archon Capital 
    Management LLC           Management LLC          11.600000              0.000000               11.600000% 
                         =======================  =====================  =====================  ====================== 
 

10. In case of proxy voting

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

12. Date of Completion

24-Nov-2021

13. Place Of Completion

Seattle, USA

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November 25, 2021 02:00 ET (07:00 GMT)