9th Jan 2009 13:06
9 January 2009
Polo Resources Limited
('Polo Resources' or 'the Company')
TR1 Notification
The Company (AIM:PRL) was notified on 8 January 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 Master Fund LP
Full name of shareholder if different
Date of Transaction: 6 January 2009
Threshold crossed or reached 4%
Situation previous to the triggering transaction:
Number of Shares: 76,430,000
Percentage of Voting Rights: 4.10%
Resulting situation of the triggering transaction:
Number of Shares: 74,430,000
Number of Voting Rights (Direct): N/A
Number of Voting Rights (Indirect): 74,430,000
Percentage of Voting Rights (Direct): 0%
Percentage of Voting Rights (Indirect): 3.97%
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