2nd Jul 2008 10:39
2 July 2008
Polo Resources Limited
('Polo Resources' or 'the Company')
TR1 Notification
The Company (AIM:PRL) was notified on 30 June 2008 by TPG-Axon Capital Management, LP of the following interests in the ordinary share capital of Polo Resources (VGG6844A1075).
Reason for notification -Polo Resources' total issued share capital increased on 4 June 2008
Full name of person(s) subject to the notification obligations - TPG-Axon Capital Management, LP, TPG-Axon GP, LLC, Dinakar Singh, LLC, Dinakar Singh
Full name of shareholder if different - TPG-Axon Partners, LP, TPG-Axon Partners (Offshore), Ltd
Date of Transaction: 4 June 2008
Threshold reached 6%
Situation previous to the triggering transaction:
Number of Shares: 108,950,000
Number of Voting Rights: 108,950,000
Resulting situation of the triggering transaction:
Number of Shares: 108,950,000
Number of Voting Rights (Direct): 0
Number of Voting Rights (Indirect): 108,950,000
Percentage of Voting Rights (Direct): 0
Percentage of Voting Rights (Indirect): 6.07%
Enquiries:
Polo Resources Limited Tel: +27 79 872 7587
Gordon Cassidy, Company Secretary
Canaccord Adams Limited Tel: +44 (0) 207 050 6500
Ryan Gaffney
Related Shares:
POL.L