Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Holding(s) in Company

18th Sep 2008 15:49

RNS Number : 7861D
Polo Resources Limited
18 September 2008
 



18 September 2008

Polo Resources Limited

('Polo Resources' or 'the Company')

TR1 Notification

The Company (AIM:PRL) was notified on 10 September 2008 by TPG-Axon Capital Management, LP of the following interests in the ordinary share capital of Polo Resources (VGG6844A1075).

Reason for notification - An increase in Polo Resources' issued share capital on 25 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:  25 June 2008

Threshold crossed or 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):  5.81%

Enquiries:

Polo Resources Limited

Gary Good

 Tel: +27 11 269 4906

Canaccord Adams 

Mike Jones

Ryan Gaffney

Tel: +44 (0) 207 050 6500

Financial Dynamics

Ben Brewerton

Edward Westropp

Tel: +44 (0) 20 7831 3113

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLEALNPFLXPEFE

Related Shares:

POL.L
FTSE 100 Latest
Value8,275.66
Change0.00