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Holding(s) in Company

26th Oct 2009 12:27

RNS Number : 3743B
Polo Resources Limited
26 October 2009
 



26 October 2009

Polo Resources Limited

('Polo Resources' or 'the Company')

Holdings in Company

The Company (AIM:PRL) was notified on 26 October 2009 by TPG-Axon Capital Management, 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 - 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:

21 October 2009

Threshold crossed or reached

3%

Situation previous to the triggering transaction:

Number of Shares:

108,950,000

Number of Voting Rights:

108,950,000

Resulting situation after the triggering transaction:

Number of Shares:

Below 3%

Number of Voting Rights (Direct):

0

Number of Voting Rights (Indirect):

Below 3%

Percentage of Voting Rights (Direct):

0

Percentage of Voting Rights (Indirect):

Below 3%

Contacts:

Polo Resources Limited

Gary Good, Chief Financial Officer

 Tel: +27 82 404 36 37

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
 
 
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