TUNG Tungsten Corporation Plc

TIDMTUNG

RNS Number : 0700N

Tungsten Corporation PLC

23 July 2014

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                         Tungsten Corp Plc 
  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                                      X 
-----------------------------------------------------------------------------  ------- 
 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 
  specify): 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject                           ODEY ASSET MANAGEMENT LLP 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                                      21 JULY 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                        22 JULY 2014 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                5% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 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) 
----------------  ---  -------  ------  -----  ---  ----------  ------------  ---------  -------------  ------------ 
 Ordinary Share 
  (GB00B7Z0Q502)   4,777,884     4,777,884           4,996,764   4,996,764                5.00% 
                  ------------  ------------------  ----------  ------------  ---------  -------------  ------------ 
 
 
 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) 
----------------  ------------  -------------  ---------------  ---------------------------  ----------------------- 
 Contract for                                                    211,600                      Nominal     Delta 
 Difference 
 (CFD) 
----------------  ------------  -------------  ---------------  ---------------------------  ----------  ----------- 
                                                                                              0.21% 
----------------  ---  -------  ------  -----  ---  ----------  ---  -------  ---------      ----------  ----------- 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ---------------------------------------------------- 
 Ordinary Shares + CFD                                           5.21% 
--------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
                                                    All funds hold less than 3%. 
 
 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:                                                    FERGUS LEE 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                      020 72081400 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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