17th Feb 2011 12:44
17 February 2010
Triple Plate Junction PLC
("Triple Plate" or "the Company")
Holdings in Company
On 16 February 2010, the Company was notified by Asterion AV Limited ("Asterion") that Asterion had sold 21,500,000 ordinary shares in the Company at 6.375p on 15 February 2010 and as such no longer holds a notifiable position in the Company. Asterion has also sold 5,000,000 warrants which are exercisable at 1.2p per share.
On 17 February, the Company received notification from Newmont Ventures Limited ("Newmont") that, on 15 February 2010, Newmont acquired 21,500,000 ordinary shares in the Company and now holds a total of 75,500,000 ordinary shares, representing 25.95% of the voting rights of the Company. Newmont has also acquired 5,000,000 warrants, exercisable at 1.2p per share.
Copies of the TR1's received from Asterion and Newmont are shown below.
For further enquiries please contact:
Triple Plate Junction Plc: +44 (0) 20 7602 1570
Tony Shearer
Daniel Stewart & Company plc: +44 (0) 20 7776 6550
Antony Legge / Oliver Rigby
TRIPLE PLATE JUNCTION PLC HOLDING IN COMPANY | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | TRIPLE PLATE JUNCTION PLC | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | X | |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | X | |||
An event changing the breakdown of voting rights | ||||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | ASTERION AV LTD | |||
4. Full name of shareholder(s) (if different from 3.):iv | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 15 February 2011 | |||
6. Date on which issuer notified: | 17 February 2011 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 10% 9% 8% 7% 6% 5% 4% 3% | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB0034039965 | 29,947,529 | 29,947,529 | 8,447,529 | 8,447,529 | below 3% | |||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
| ||||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
Warrants | £0.012 | 15 November 2015 | 16 November 2010 -15 November 2015 | 5,000,000
| Nominal | Delta | ||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
8,447,529 | Below 3% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | ||
14. Contact name: | Matthew Grainger | |
15. Contact telephone number: | 01235 511767 | |
TRIPLE PLATE JUNCTION PLC HOLDING IN COMPANY | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | TRIPLE PLATE JUNCTION PLC | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | X | |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | X | |||
An event changing the breakdown of voting rights | ||||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | NEWMONT VENTURES LIMITED | |||
4. Full name of shareholder(s) (if different from 3.):iv | N/A | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 15 February 2011 | |||
6. Date on which issuer notified: | 17 February 2011 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 19%, 20%, 21%, 22%, 23%, 24%, 25% | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB0034039965 | 54,000,000 | 54,000,000 | 75,500,000* | 75,500,000* | 25.9487* | |||||||||||
*Note: these figures and percentages do not take account of the shares in dispute which are the subject of the convertible loan note dated 1 July 2010. | ||||||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
n/a | ||||||||||||||||
| ||||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
Warrants | £0.012 | 15 November 2015 | 16 November 2010 -15 November 2015 | 5,000,000
| Nominal | Delta | ||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
70,500,000** | 25.9487 | |||||||||||||||
** 1) These figures and percentages do not take account of the shares in dispute which are the subject of the convertible loan note dated 2 July 2010. 2) The number and percentages do not include the voting rights which Newmont Ventures Limited will hold on exercise of the warrants given that these voting rights are not yet in existence. | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | 1) These figures and percentages do not take account of the shares in dispute which are the subject of the convertible loan note dated 2 July 2010. 2) The number and percentages do not include the voting rights which Newmont Ventures Limited will hold on exercise of the warrants given that these voting rights are not yet in existence. | |
14. Contact name: | Adam Chodos, Newmont Ventures Limited | |
15. Contact telephone number: | +1 303 837 6124 | |
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