ORI Oriel Res.

RNS Number:8202Q
Oriel Resources PLC
06 February 2007

                                                                   AIM: ORI
                                                                   TSX: ORL
                                                              PRESS RELEASE
                                                           February 6, 2007

                 Oriel Resources Plc ("Oriel" or the "Company")
                           Holding(s) in Company                                          

 

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

(1). Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

ORIEL 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 financial instruments which may result 
in the acquisition of shares already issued to which voting rights are 
attached:                                                                  (   )


An event changing the breakdown of voting rights:                          (   )

                                                                           
Other (please specify) :                                                   (   )

.................

 

3. Full name of person(s) subject to the notification obligation (iii):

MORGAN STANLEY INTERNATIONAL LIMITED

 

4. Full name of shareholder(s) (if different from 3.) (iv):

.................

 

5. Date of the transaction and date on which the threshold is crossed or reached
if different) (v):

01/02/07

 

6. Date on which issuer notified:

05/02/07

 

7. Threshold(s) that is/are crossed or reached:

3%

 

8. Notified details:

.................

 

 

 

A: Voting rights attached to shares

 
Class/type of shares            Situation previous to  
if possible using the           the Triggering         
ISIN CODE                       transaction (vi)   
    
                       Number of shares       Number of voting Rights 
                                              (viii)                  
                                                                      
                                                                      
ORDINARY SHARES        21,752,286            21,752,286                                                  
GB0034246743
 

                     Resulting situation after the triggering transaction (vii)

 
Class/type of shares Number of shares  Number of voting rights    % of voting rights  
if possible using                      (ix)                                           
the ISIN CODE                                                                         
                     Direct            Direct (x) Indirect (xi)   Direct    Indirect  
                                                                                      
                                                                  Under                    
                                                                  3%                    

 

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

 
Type of     Expiration Date  Exercise/Conversion Number of voting     % of voting     
financial   (xiii)           Period/ Date (xiv)  rights that may be   rights          
instrument                                       acquired if the                      
                                                 instrument is                        
                                                 exercised/                           
                                                 converted.                           
                                                                                      
                                                                                      

 

 

Total (A+B)
Number of voting     % of voting rights 
rights                                  
                                        
                     Under 3%                   

 

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

N/A

 

Proxy Voting:

 

10. Name of the proxy holder:

N/A

 

11. Number of voting rights proxy holder will cease to hold:

N/A

 

12. Date on which proxy holder will cease to hold voting rights:

N/A

 

13. Additional information:

N/A

 

14. Contact name:

Julia Holden

 

15. Contact telephone number:

020 7677 5468
 

ENDS

For further information please contact:

David Swan, Company Secretary, Oriel Resources Plc
Tel: +44(0)20 7514 0590

Gavin Dallas, Marketing and PR, Oriel Resources Plc
Tel: +44(0)20 7514 0590

Michael Padley/Michael Spriggs, Bankside Consultants
Tel: +44(0)20 7367 8888

Keith Schaefer, Vanguard Shareholder Solutions
Tel: +1 604 608 0824

www.orielresources.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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