TIDMPGL

RNS Number : 4972V

Peninsular Gold Limited

28 October 2014

PENINSULAR GOLD LIMITED

(AIM symbol: PGL)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 
 1. Identity of the issuer or the underlying               Peninsular Gold Limited 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
-------------------------------------------------  --------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights 
--------------------------------------------------------------------------------  -------- 
 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       Investment Manager no longer has an interest in                  X 
  specify):           Peninsular Gold Limited shares as non-beneficial 
                      discretionary investment manager 
------------------  ------------------------------------------------------------  -------- 
 3. Full name of person(s) subject                 Matterhorn Investment Management (Asia) 
  to the                                          Limited (as non-beneficial discretionary 
  notification obligation: (iii)                       investment manager); and Somercourt 
                                                        Investments Limited (as beneficial 
                                                                                    owner) 
------------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s)                             Somercourt Investments Limited 
  (if different from 3.):(iv) 
------------------------------------------  ---------------------------------------------- 
 5. Date of the transaction and date                                     26th October 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ---------------------------------------------- 
 6. Date on which issuer notified:                                       28th October 2014 
------------------------------------------  ---------------------------------------------- 
 7. Threshold(s) that is/are crossed               Matterhorn Investment Management (Asia) 
  or                                                 Limited's non-beneficial interest has 
  reached: (vi, vii)                                 fallen to Nil; Somercourt Investments 
                                                    Limited's interest as beneficial owner 
                                                                          remains above 4% 
------------------------------------------  ---------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type       Situation previous                Resulting situation after the triggering 
  of               to the triggering                 transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN CODE 
---------------  --------------------------------  --------------------------------------------------------------------- 
                  Number        Number              Number        Number of voting             % of voting rights 
                   of            of                  of shares     rights                       (x) 
                   Shares        Voting 
                                 Rights 
---------------  ------------  ------------------  ------------  ---------------------------  -------------------------- 
                                                    Direct        Direct          Indirect     Direct         Indirect 
                                                                   (xi)            (xii) 
---------------  ---  -------  ------  -----  ---  ------------  --------------  -----------  -------------  ----------- 
                                                    Nil for       Nil for 
   Ordinary                                         Matterhorn;   Matterhorn; 
   shares                                           4,000,000     4,000,000 
   ISIN:                                            for           for                     4.65% for 
   GB00B09TKL88   4,000,000     4,000,000           Somercourt    Somercourt      N/A      Somercourt         N/A 
                 ------------  ------------------  ------------  --------------  ------  ------------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial     Expiration       Exercise/                       Number of voting               % of voting 
  instrument            date (xiii)      Conversion Period               rights that may                rights 
                                         (xiv)                           be 
                                                                         acquired if the 
                                                                         instrument is 
                                                                         exercised/ converted. 
--------------------  ---------------  ------------------------------  -----------------------------  ------------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of          Exercise      Expiration     Exercise/          Number of voting                 % of voting rights 
  financial        price         date (xvii)    Conversion         rights instrument                (xix, xx) 
  instrument                                    period             refers to 
                                                (xviii) 
---------------  ------------  -------------  -----------------  -------------------------------  ---------------------- 
                                                                                                   Nominal     Delta 
---------------  ------------  -------------  -----------------  -------------------------------  ----------  ---------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ------------------------------------------------------- 
 4,000,000                                                        4.65% (based on 85,986,550 shares 
                                                                   in issue) 
---------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------- 
 
   Matterhorn Investment Management (Asia) Limited no longer has any interest 
   as non-beneficial discretionary investment manager. Somercourt Investments 
   Limited remains the beneficial owner and has previously reported this 
   interest. 
 
 Proxy Voting: 
---------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                          N/A 
-----------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will          N/A 
  cease 
  to hold: 
-----------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to           N/A 
  hold 
  voting rights: 
-----------------------------------------------------  --------------------------- 
 
 
  13. Additional information:                N/A 
-----------------------------------------  --------------------------------------- 
 14. Contact name:                          Ewan Christian 
-----------------------------------------  --------------------------------------- 
 15. Contact telephone number:              +44 (0)20 7340 2825 
-----------------------------------------  --------------------------------------- 
 
 

END

 
 Dato' Sri Andrew TY Kam           Patrick Watson 
  Chairman and Chief Executive      Finance Director 
  Peninsular Gold Limited           Peninsular Gold Ltd. 
  Tel: +60 (0)3 2698 8381           Tel: +44 (0)7799 885653 
--------------------------------  --------------------------- 
 Samantha Harrison/Craig Francis   Colin Rowbury 
  Nominated Advisor                 Broker 
  RFC Ambrian Limited               Daniel Stewart & Co. Ltd. 
  Tel: +44 (0)20 3440 6800          Tel: +44 (0)20 7776 6936 
--------------------------------  --------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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