PRL Polo Res.(See LSE:POL)

 

TIDMPRL 
 
RNS Number : 5487C 
Polo Resources Limited 
16 November 2009 
 

16 November 2009 
Polo Resources Limited 
('Polo Resources' or 'the Company') 
Holdings in Company 
 
 
The Company (AIM:PRL) was notified on 13 November 2009 by Ingalls & Snyder LLC 
of the following interests in the ordinary share capital of Polo Resources 
(VGG6844A1075). 
Reason for notification - An acquisition or disposal of voting rights 
Full name of person(s) subject to the notification obligations - Ingalls & 
Snyder LLC 
Full name of shareholder if different - Ingalls & Snyder LLC and Ingalls & 
Snyder Value Partners LP 
 
 
+----------------------------------------------------------+------------------------+ 
| Date of Transaction:                                     | 12 November 2009       | 
| Threshold crossed or reached                             | 5%                     | 
+----------------------------------------------------------+------------------------+ 
|                                                          |                        | 
+----------------------------------------------------------+------------------------+ 
| Situation previous to the triggering transaction:        | 99,870,000             | 
| Number of Shares:                                        | 99,870,000             | 
| Number of Voting Rights:                                 |                        | 
+----------------------------------------------------------+------------------------+ 
|                                                          |                        | 
+----------------------------------------------------------+------------------------+ 
| Resulting situation after the triggering transaction:    | 117,870,000            | 
| Number of Shares:                                        | 117,870,000            | 
| Number of Voting Rights (Direct):                        | n/a                    | 
| Number of Voting Rights (Indirect):                      |                        | 
+----------------------------------------------------------+------------------------+ 
|                                                          |                        | 
+----------------------------------------------------------+------------------------+ 
| Percentage of Voting Rights (Direct):                    | 5.02%                  | 
| Percentage of Voting Rights (Indirect):                  | n/a                    | 
+----------------------------------------------------------+------------------------+ 
 
 
 
 
Contacts: 
+----------------------------------------+----------------------------------------+ 
| Polo Resources Limited                 |         Tel: +27 82 404 36 37          | 
| Neil Herbert, Managing Director        |                                        | 
+----------------------------------------+----------------------------------------+ 
| Canaccord Adams                        |        Tel: +44 (0) 207 050 6500       | 
| Mike Jones                             |                                        | 
| Ryan Gaffney                           |                                        | 
+----------------------------------------+----------------------------------------+ 
| Financial Dynamics                     |        Tel: +44 (0) 20 7831 3113       | 
| Ben Brewerton                          |                                        | 
| Edward Westropp                        |                                        | 
+----------------------------------------+----------------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLEAPFKFLNNFEE 
 

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