TIDMARS

RNS Number : 9304P

Asiamet Resources Limited

22 October 2021

22 October 2021

Notification of Major Shareholding

Asiamet Resources Limited ("Asiamet" or the "Company") advises that Mr Ashish Gupta has notified the Company that he has transferred his entire shareholding in the Company to PT Delta Dunia Makmur Tbk ("DOID"). Following the acquisition of shares by DOID, it now has a 15.36% shareholding in the Company.

DOID is a publicly listed company on the Indonesian stock exchange whose operating subsidiary PT Bukit Makmur Mandiri Utama ("BUMA") is one of the largest mining contractors in Indonesia. DOID is actively investing in base and precious metals projects across Asia and has entered into a confidentiality agreement with the Company to access Company information via a virtual data room. For more information on DOID please visit www.deltadunia.com

TR-1 forms from both parties are included below.

ON BEHALF OF THE BOARD OF DIRECTORS

Tony Manini, Executive Chairman

For further information, please contact:

-Ends-

Tony Manini

Executive Chairman, Asiamet Resources Limited

Email: tony.manini@ asiametresources .com

Investor Enquiries

Sasha Sethi

Telephone: +44 (0) 7891 677 441

Email: Sasha@flowcomms.com / info@asiametresources.com

Asiamet Resources Nominated Adviser

RFC Ambrian Limited

Bhavesh Patel / Stephen Allen

Telephone: +44 (0)20 3440 6800

   Email: Bhavesh.Patel@rfcambrian.com   / Stephen.Allen@rfcambrian.com 

Optiva Securities Limited

Christian Dennis

Telephone: +44 20 3137 1903

Email: Christian.Dennis@optivasecurities.com

Follow us on twitter @AsiametTweets

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                       Asiamet Resources Limited 
  underlying issuer of existing shares 
  to which voting rights are attached                                     LEI 213800PWJMT1NG28TA88 
  (ii) : 
                                                         --------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                ------------------ 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                             X 
                                                                                                ------------------ 
 An acquisition or disposal of financial instruments 
                                                                                                ------------------ 
 An event changing the breakdown of voting rights 
                                                                                                ------------------ 
 Other (please specify)(iii) : 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                     PT Delta Dunia Makmur Tbk 
 City and country of registered office                    Indonesia 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3) (v) 
 Name                                                     PT Delta Dunia Makmur Tbk 
                                                         --------------------------------------------------------- 
 City and country of registered office                    n/a 
  (if applicable) 
                                                         --------------------------------------------------------- 
 5. Date on which the threshold was                       21/10/2021 
  crossed or reached (vi) : 
                                                         --------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):           21/10/2021 
                                                         --------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                                      % of voting         % of voting rights    Total of both      Total number 
                                     rights attached      through financial      in % (8.A +      of voting rights 
                                    to shares (total         instruments             8.B)         of issuer (vii) 
                                        of 8. A)            (total of 8.B 
                                                              1 + 8.B 2) 
                                -----------------------  -------------------  ----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                                     15.36%                    0            15.36%       1,943,217,628 
                                -----------------------  -------------------  ----------------  ------------------ 
 Position of                                        N/A                  N/A               N/A 
  previous notification 
  (if 
  applicable) 
                                -----------------------  -------------------  ----------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of     Number of voting rights                      % of voting rights 
  shares            (ix) 
  ISIN code (if 
  possible) 
                  ------------------------------------------- 
                         Direct                Indirect                       Direct                        Indirect 
                   (Art 9 of Directive   (Art 10 of Directive           (Art 9 of Directive           (Art 10 of Directive 
                      2004/109/EC)           2004/109/EC)              2004/109/EC) (DTR5.1)              2004/109/EC) 
                        (DTR5.1)              (DTR5.2.1)                                                   (DTR5.2.1) 
                  --------------------  ---------------------  ------------------------------------  --------------------- 
 BM04521V1038          298,438,934                0                           15.36%                           0% 
                  --------------------  ---------------------  ------------------------------------  --------------------- 
 
 SUBTOTAL 8. 
  A                               298,438,934                                             15.36% 
                  -------------------------------------------  ----------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of           Expiration            Exercise/              Number of voting                      % of voting rights 
  financial         date                  Conversion Period      rights that may 
  instrument        (x)                   (xi)                   be acquired if 
                                                                 the instrument 
                                                                 is 
                                                                 exercised/converted. 
                  --------------------  ---------------------  ------------------------------------  --------------------- 
 
                                         SUBTOTAL 8. B 1 
                                        ---------------------  ------------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to Art. 
  13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of          Expiration             Exercise/              Physical or     Number of             % of voting rights 
  financial       date (x)               Conversion              cash           voting rights 
  instrument                             Period (xi)             settlement 
                                                                 (xii) 
                 ---------------------  ---------------------  --------------  -------------------- 
 
                                                                SUBTOTAL 
                                                                8.B.2 
                                                               --------------  -------------------- 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the applicable box with an "X") 
 Person subject to the notification obligation is not controlled                                               X 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 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 entity(xiv) (please 
  add additional rows as necessary) 
    Name (xv)                  % of voting rights                % of voting                 Total of both if 
                                 if it equals or                   rights                 it equals or is higher 
                               is higher than the                  through                  than the notifiable 
                              notifiable threshold                financial                      threshold 
                                                                 instruments 
                                                                    if it 
                                                                equals or is 
                                                                   higher 
                                                                  than the 
                                                                 notifiable 
                                                                  threshold 
                  -------------------------------------------  --------------  ------------------------------------------- 
 
 10. In case of proxy voting, please identify: 
 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 (xvi) 
 
 
 
 
 Place of completion   London Stock Exchange 
 Date of completion    21 October 2021 
                      ---------------------- 
 

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                       Asiamet Resources Limited 
  underlying issuer of existing shares 
  to which voting rights are attached                                     LEI 213800PWJMT1NG28TA88 
  (ii) : 
                                                         --------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                ------------------ 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                             X 
                                                                                                ------------------ 
 An acquisition or disposal of financial instruments 
                                                                                                ------------------ 
 An event changing the breakdown of voting rights 
                                                                                                ------------------ 
 Other (please specify)(iii) : 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                     Ashish Gupta 
 City and country of registered office                    n/a 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3) (v) 
 Name                                                     Ashish Gupta 
                                                         --------------------------------------------------------- 
 City and country of registered office                    n/a 
  (if applicable) 
                                                         --------------------------------------------------------- 
 5. Date on which the threshold was                       21/10/2021 
  crossed or reached (vi) : 
                                                         --------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):           21/10/2021 
                                                         --------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                                      % of voting         % of voting rights    Total of both      Total number 
                                     rights attached      through financial      in % (8.A +      of voting rights 
                                    to shares (total         instruments             8.B)         of issuer (vii) 
                                        of 8. A)            (total of 8.B 
                                                              1 + 8.B 2) 
                                -----------------------  -------------------  ----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                              0.0%                   0.0%               0.0%           1,943,217,628 
                                -----------------------  -------------------  ----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable)                            15.36%                  N/A               15.36% 
                                -----------------------  -------------------  ----------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of     Number of voting rights                                % of voting rights 
  shares            (ix) 
  ISIN code (if 
  possible) 
                  ----------------------------------------------------- 
                           Direct                     Indirect                           Direct                          Indirect 
                     (Art 9 of Directive        (Art 10 of Directive               (Art 9 of Directive             (Art 10 of Directive 
                         2004/109/EC)               2004/109/EC)                  2004/109/EC) (DTR5.1)                2004/109/EC) 
                           (DTR5.1)                  (DTR5.2.1)                                                         (DTR5.2.1) 
                  ------------------------  ---------------------------  --------------------------------------  ----------------------- 
 
 SUBTOTAL 8. 
  A 
                  -----------------------------------------------------  --------------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of           Expiration              Exercise/                    Number of voting                          % of voting rights 
 financial          date                    Conversion Period            rights that may 
 instrument         (x)                     (xi)                         be acquired if 
                                                                         the instrument 
                                                                         is 
                                                                         exercised/converted. 
                  ----------------------  ---------------------------  ----------------------------------------  ----------------------- 
 
                                           SUBTOTAL 8. B 1 
                                          ---------------------------  ----------------------------------------  ----------------------- 
 
 B 2: Financial Instruments with similar economic effect according to Art. 
  13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of         Expiration                Exercise/                Physical or           Number of               % of voting rights 
 financial       date (x)                  Conversion                cash                 voting rights 
 instrument                                Period (xi)               settlement 
                                                                     (xii) 
                ------------------------  -----------------------  --------------------  ---------------------- 
 
                                                                    SUBTOTAL 8.B.2 
                                                                   --------------------  ---------------------- 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the applicable box with an "X") 
 Person subject to the notification obligation is not controlled                                                             X 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 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 entity(xiv) (please 
  add additional rows as necessary) 
     Name (xv)                     % of voting rights                 % of voting rights                  Total of both if 
                                     if it equals or                   through financial               it equals or is higher 
                                   is higher than the                  instruments if it                 than the notifiable 
                                  notifiable threshold                equals or is higher                     threshold 
                                                                      than the notifiable 
                                                                           threshold 
                    -----------------------------------------------  --------------------  --------------------------------------------- 
 
 
 
 
 10. In case of proxy voting, please identify: 
 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 (xvi) 
 
 
 
 Place of completion   London Stock Exchange 
 Date of completion    21 October 2021 
                      ---------------------- 
 

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October 22, 2021 02:00 ET (06:00 GMT)

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