2nd Oct 2015 11:46
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||||||||||||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Oxus Gold Plc | |||||||||||||||
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 | X | |||||||||||||||
Other (please specify): | ||||||||||||||||
3. Full name of person(s) subject to thenotification obligation: iii | 1. RAB Capital Limited acting as discretionary manager for RAB Special Situations (Master) Fund Limited; and 2. William Philip Seymour Richards | |||||||||||||||
4. Full name of shareholder(s) (if different from 3.):iv | 1. Credit Suisse Client Nominees (UK) Limited 2. Fitel Nominees Limited
| |||||||||||||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 30/09/2015 | |||||||||||||||
6. Date on which issuer notified: | 01/10/2015 | |||||||||||||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 4% | |||||||||||||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
Ordinary Shares GB0030632714 | 23,278,965 | 23,278,965 | n/a | n/a | 18,278,965* | n/a |
3.18%
| |||||||||
Ordinary shares GB0030632714 | 1,375,399 | 1,375,399 | n/a | n/a | 1,375,399** | n/a | 0.24% | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
|
| Nominal | Delta | |||||||||||||
| ||||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
19,654,364 | 3.42%***
| |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
*RAB Capital Limited acts as investment manager for RAB Special Situations (Master) Fund Limited (the "Fund") which is the beneficial owner of the securities to which these voting rights are attached. The legal title to these securities is held on behalf of the Fund by its nominee, Credit Suisse Client Nominees (UK) Limited.
*\* These shares are beneficially held by Mr. William Philip Seymour Richards who is the appointed Fund Manager of RAB Special Situations (Master) Fund Limited and is an employee and executive director of RAB Capital Limited. The legal title to 1,375,399 of these shares is held on Mr Richards' behalf by his nominee, Fitel Nominees Limited.
Owing to the chain of control all of the securities disclosed, we consider it appropriate to aggregate the holdings of the Fund and Mr Richards as per Box 8 above.
| ||
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: | ***this figure was calculated using 574,741,580 as the Issuer's outstanding share capital as at the date on which the relevant threshold was crossed.
In addition to the holdings disclosed herein, RAB Special Situations (Master) Fund Limited also beneficially owns a US$6,000,000 convertible loan note maturing on 14/12/2015 and convertible until and beyond expiration. This instrument plus all accrued interest to 06/07/2015 is convertible into a further 36.28m ordinary shares in the Issuer (approximately).
| |
14. Contact name: | RAB Capital Limited - Legal Team | |
15. Contact telephone number: | 020 7389 7000 | |
Related Shares:
Oxus Gold Plc