19th Mar 2009 09:30
19 March 2009
Polo Resources Limited
('Polo Resources' or 'the Company')
TR1 Notification
The Company (AIM:PRL) was notified on 17 March 2009 by Southpoint Capital Advisors LP 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 - Southpoint Capital Advisors LP
Full name of shareholder if different - Southpoint Master Fund LP
Date of Transaction: 17 March 2009
Threshold crossed or reached 3%
Situation previous to the triggering transaction:
Number of Shares: 58,180,000
Percentage of Voting Rights: 3.05%
Resulting situation of the triggering transaction:
Number of Shares: 53,180,000
Number of Voting Rights (Direct): N/A
Number of Voting Rights (Indirect): 53,180,000
Percentage of Voting Rights (Direct): 0%
Percentage of Voting Rights (Indirect): 2.79%
Enquiries:
Polo Resources Limited Tel: +27 (0) 11 269 4906
Gary Good
Canaccord Adams Limited Tel: +44 (0) 207 050 6500
Mike Jones
Ryan Gaffney
Related Shares:
POL.L