16th Dec 2009 09:01
16 December 2009
Strategic Natural Resources PLC (AIM: SNRP)
("SNR" or the "Company")
Holding(s) in Company
The Board of SNR was notified on the 15 December 2009 that on the 02 December 2009 RAB Capital plc, acting as discretionary manager of RAB Energy Fund Limited and RAB Octane Fund Limited, acquired an indirect interest in 3,420,000 ordinary shares in the Company. Following this acquisition, RAB Capital has a total indirect interest in 6,778,333 ordinary shares in the Company, equivalent to 9.05 per cent. of the total issued share capital of SNR. The shares are registered in the name of Credit Suisse Client Nominees (UK) Limited.
Jeremy Metcalfe, Chief Executive of SNR, said; "I am delighted that RAB Capital have decided to increase their holding in SNR which, alongside Coal of Africa's recent share purchase, is a great endorsement."
For further information contact:
The Company:
Jeremy Metcalfe, Chief Executive Officer
Strategic Natural Resources PLC
Tel: +44 (0)1303 874 798
David Nel, Chief Operations Officer
Strategic Natural Resources PLC
Tel: + 27 41 374 0842
Nominated Adviser:
Rod Venables/James Reeve
Allenby Capital Limited
Tel: +44 (0)20 3328 5656
Broker:
Emin Eyi/Tercel Moore
S P Angel Corporate Finance LLP
Tel: +44(0) 207 647 9640
Nicholas Malins-Smith/James Wood
Religare Hichens, Harrison plc
Tel: +44 (0)20 7444 0508
Public Relations:
Ana Ribeiro/ Tim Blythe
Blythe Weigh Communications
Tel: +44 (0) 20 7138 3206 / +44 (0) 20 7138 3205
Related Shares:
SNRP.L