W Resources PLC Major Shareholding Notification (4167X)

TIDMWRES

RNS Number : 4167X

W Resources PLC

29 April 2019

29 April 2019

W Resources Plc

("W" or the "Company")

Major Shareholding Notification

W Resources (AIM:WRES), a tungsten, copper and gold exploration and development company, with assets in Spain and Portugal, has been informed by its Registrars that Hansource Investments Ltd ("Hansource"), a significant shareholder in the company with a holding of 333,333,333 W ordinary shares of 0.1p each ("Ordinary Shares") representing an interest of 5.56 per cent. of the total voting rights of the Company, transferred its entire holding of 333,333,333 Ordinary Shares first to Lynchwood Nominees ("Lynchwood") and then in turn to Aurora Nominees ("Aurora"), an existing shareholder in W. The Company was informed of both transfers on 25 April 2019.

Following these and subsequent transfers, Aurora's holding now totals 15,754,999 Ordinary Shares representing an interest of 0.26 per cent. in the total voting rights of the Company. Neither Hansource or Lynchwood have a notifiable direct holding of Ordinary Shares following the aforementioned transfers.

Enquiries:

 
W Resources Plc                    Grant Thornton UK LLP 
Michael Masterman                  Colin Aaronson / Seamus Fricker 
T: [phone]            T: [phone] 
www.wresources.com 
 
Turner Pope Investments (TPI) Ltd  Gable Communications 
Andy Thacker                       Justine James 
T: [phone]            T: [phone] 
www.turnerpope.com                 M: [phone] 
 

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 [e-mail] or visit www.rns.com.

END

HOLGMGZDMLLGLZM

(END) Dow Jones Newswires

April 29, 2019 07:15 ET (11:15 GMT)