Ortac Resources Limited Holding in Company (7767O)
10 November 2016 - 1:20AM
UK Regulatory
TIDMOTC TIDMPRS
RNS Number : 7767O
Ortac Resources Limited
09 November 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i)
1. Identity of the issuer Ortac Resources Limited
or the underlying 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 X
rights
-----------------------------------------------
Other (please
specify):
---------------------------------------------
3. Full name of person(s) Paternoster Resources
subject to the notification plc
obligation: (iii)
---------------------------------- ----------------------
4. Full name of shareholder(s)
(if different from 3.):
(iv)
---------------------------------- ----------------------
5. Date of the transaction 09/11/2016
and date on which the threshold
is crossed or reached: (v)
---------------------------------- ----------------------
6. Date on which issuer 09/11/2016
notified:
---------------------------------- ----------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 11%
---------------------------------- ----------------------
8. Notified details:
------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
------------------------------------------------------------------------------------------------------
Class/type Situation Resulting situation after
of previous the triggering transaction
shares to the triggering
transaction
if possible
using
the ISIN
CODE
--------------- -------------------------- ---------------------------------------------------------
Number Number Number Number of % of voting
of of of voting rights (x)
Shares Voting shares rights
Rights
--------------- ------------ ------------ ------------ ----------------------- ------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
--------------- ------------ ------------ ------------ ------------ --------- ------- ---------
ORDS NPV
(DI)
VGG6829M1005 840,000,000 840,000,000 840,000,000 840,000,000 10.2%
--------------- ------------ ------------ ------------ ------------ --------- ------- ---------
B: Qualifying Financial Instruments
--------------------------------------------------------------------------
Resulting situation after the triggering transaction
--------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of % of voting
instrument date Conversion voting rights
(xiii) Period rights that
(xiv) may 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 % of voting
financial price date Conversion voting rights (xix,
instrument (xvii) period rights xx)
(xviii) instrument
refers
to
------------ --------- ----------- ------------ ------------ ----------------
Nominal Delta
------------ --------- ----------- ------------ ------------ -------- ------
Total (A+B+C)
-----------------------------------------------
Number of voting rights Percentage of voting
rights
------------------------ ---------------------
840,000,000 10.2%
------------------------ ---------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
------------------------------------------------------------
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:
------------------------------
13. Additional information:
------------------------------- ---------------
14. Contact name: Nicholas Lee
------------------------------- ---------------
15. Contact telephone number: 0207 580 7576
------------------------------- ---------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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