Ariana Resources PLC Ariana Resources Plc : Holding(s) In Company
06 January 2015 - 8:59PM
UK Regulatory
TIDMAAU
6 January 2015
AIM: AAU
HOLDINGS IN COMPANY
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ARIANA RESOURCES PLC
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) subject to the
notification obligation: LANSTEAD CAPITAL LP
4. Full name of shareholder(s)
(if different from 3.):
5. Date of the transaction and date on
which the threshold is crossed or
reached: 30 DECEMBER 2014
6. Date on which issuer notified: 31 DECEMBER 2014
7. Threshold(s) that is/are crossed or
reached: 16, 17, 18, 19, 20, 21, 22, 23, 24
8. Notified details:
A: Voting rights attached to shares
Situation previous
Class/type of shares if possible to the triggering Resulting situation after the triggering
using the ISIN CODE transaction transaction
Number of Number Number of Number of voting % of voting
Shares of Voting Rights shares rights rights
Direct Direct Indirect Direct Indirect
GB00B085SD50 160,222,222 160,222,222 97,547,131 97,547,131 15.10
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration date Exercise/ Number of voting rights that may be acquired if the % of voting
instrument Conversion instrument is exercised/converted rights
Period
N/A
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Exercise price Expiration Exercise/ Number of % of voting
instrument date Conversion voting rights
period rights
instrument
refers to
N/A Nominal Delta
Total (A+B+C)
Number of voting rights % of voting rights
97,547,131 15.10
9. Chain of controlled undertakings through which
the voting rights and/or the financial instruments
are effectively held, if applicable:
N/A
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:
Contacts:
Ariana Resources plc Tel: +44 (0) 20 7407 3616
Michael de Villiers, Chairman
Kerim Sener, Managing Director
Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396
Roland Cornish / Felicity Geidt
Beaufort Securities Limited Tel: +44 (0) 20 7382 8300
Saif Janjua
Loeb Aron & Company Ltd. Tel: +44 (0) 20 7628 1128
John Beresford-Peirse / Dr. Frank Lucas
St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177
Susie Geliher / Lottie Brocklehurst
About Ariana Resources:
Ariana is an Anglo-Turkish exploration and mine development company
focused on advancing epithermal gold-silver and porphyry copper-gold
deposits in Turkey. The Company is developing a portfolio of
prospective licences selected on the basis of its in-house geological
and remote-sensing database, on its own in western Turkey and in Joint
Venture with Eldorado Gold Corporation in north-eastern Turkey.
Eldorado owns 51% of this joint venture and are fully funding all
exploration work on the JV properties, while Ariana owns 49%. The total
resource inventory within this JV is 1.09 million ounces of gold.
The Company's flagship assets are its Kiziltepe and Tavsan gold projects
that form the Red Rabbit Gold Project. Both contain a series of
prospects, within two prolific mineralised districts in the Western
Anatolian Volcanic and Extensional (WAVE) Province in western Turkey.
This Province hosts the largest operating gold mines in Turkey and
remains highly prospective for new porphyry and epithermal deposits.
These core projects, which are separated by a distance of 75km, are
presently being assessed as to their economic merits and now form part
of a Joint Venture with Proccea Construction Co. The total resource
inventory at the Red Rabbit Project stands at 475,000 ounces of gold
equivalent.
Beaufort Securities Limited and Loeb Aron & Company Ltd. are joint
brokers to the Company and Beaumont Cornish Limited is the Company's
Nominated Adviser.
For further information on Ariana you are invited to visit the Company's
website at www.arianaresources.com. The Company has recently updated
its AIM Rule 26 section, including an update to its major shareholders
list.
Ends
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Ariana Resources plc via Globenewswire
HUG#1884601
http://www.arianaresources.com/s/Home.asp
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