13th Jun 2017 10:31
For filings with the FCA include the annex | |||||
For filings with issuer exclude the annex | |||||
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 | Savannah Resources 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 | David Stuart Archer | ||||
4. Full name of shareholder(s) (if different from 3.):iv | |||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 31/05/2017 | ||||
6. Date on which issuer notified: |
01/06/2016
| ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 8% | ||||
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 | ||||||||||||
| 25,931,251 | 25,931,251 | 25,931,251 | 25,931,251 | 4.85% | |||||||||||
GB00B647W791 | ||||||||||||||||
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 | ||||||||||||
Warrant over Ordinary Shares with a 3p exercise price | 19/07/2018 | At any point prior to the expiration date | 11,111,112 | 2.04% | ||||||||||||
Options over Ordinary Share with a 7.59p exercise price | 28/02/2021 | At any point prior to the expiration date | 7,000,000 | 1.29% | ||||||||||||
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 | |||||||||||||||
44,042,363 | 7.61% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | The percentage of David Archer's total voting rights in sections A and B are calculated on a fully diluted basis. David Archer has not reduced his shareholding, and this notification is as a result of a subsequent dilution of David Archer's total voting rights based on Savannah's recent issue of 20,000,000 ordinary shares in respect of the purchase of mining assets in Portugal. | |
14. Contact name: | David Archer | |
15. Contact telephone number: | +44 207 117 2489 | |
Related Shares:
Savannah Resources