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Holding(s) in Company

29th Oct 2014 16:31

RNS Number : 6406V
Asia Resource Minerals PLC
29 October 2014
 

 

For filings with issuer exclude the annex

 

 

  TR-1: NOTIFICATION OF MAJOR INTEREST INSHARESi

 

TR-1 NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

 

 

Asia Resource Minerals plc

2 Reason for the notification (please tick the appropriate box or boxes):

 

An acquisition or disposal of voting rights

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

 

An event changing the breakdown of voting rights

Other (please Indirect holder able to control the exercise of voting rights held by

specify): controlled undertaking, as referred to in DTR5.2.1(e)

 ü

 

 

3. Full name of person(s) subject to the notification obligation: iii

 

 

Raiffeisen Bank International AG

 

 

4. Full name of shareholder(s)

(if different from 3.):iv

 

 

Ravenwood Acquisition Company Limited

("RACL")

5. Date of the transaction and date on

which the threshold is crossed or reached: v

 

27 October 2014

 

6. Date on which issuer notified:

 

28 October 2014

7. Threshold(s) that is/are crossed or reached: vi, vii

 

Below 3% to above 23%

 

  8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of

shares

 

if possible using the ISIN CODE

Situation previous

to the triggering transaction

Resulting situation after the triggering transaction

Number

of

Shares

Number

of Voting Rights

Number

of shares

Number of voting

rights

% of voting rights x

 

Direct

xi

Direct

xii

Indirect

 

Direct

 

Indirect

Ordinary shares

 

GB00B5BLXT62

 

 

-

 

 

-

 

 

-

 

 

-

 

 

57,361,411

 

 

-

 

 

23.8%

 

 

B: Qualifying Financial Instruments

 

Resulting situation after the triggering transaction

Type of financial

instrument

Expiration date xiii

Exercise/

Conversion Period xiv

Number of voting

rights that may be acquired if the instrument is exercised/ converted.

% of voting

rights

 

 

N/A

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

xv, xvi

 

Resulting situation after the triggering transaction

Type of financial

instrument

Exercise

price

Expiration date xvii

Exercise/

Conversion period xviii

Number of voting rights

instrument refers to

% of voting rights xix,

xx

 

 

N/A

 

Nominal

 

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 

57,361,411

 

23.8%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi
 
 
The registered holder of all the ordinary shares in RACLis Ravenwood Pte Ltd ("Ravenwood").
 
Each of Ravenwood and RACL are controlled undertakings of Raiffeisen Bank International AG, Singapore Branch ("RBI Singapore"). See Additional information below

 

 

 

 

Proxy Voting:

 

10. Name of the proxy holder:

 

N/A

 

11. Number of voting rights proxy holder will cease to hold:

 

 

N/A

 

12. Date on which proxy holder will cease to hold voting rights:

 

 

N/A

 

 

13. Additional information:
 Pursuant to the enforcement of a share charge dated 24 November 2013 entered into by Mr Samin Tan (as chargor), and pursuant to the enforcement of a share charge dated 24 March 2014 entered into by Ravenwood (as chargor), in each case with RBI Singapore (as security agent), RBI Singapore or its nominee became entitled to exercise all of the voting rights in Ravenwood and RACL respectively.

In addition, as a result of written resolutions dated 28 October 2014, the boards of Ravenwood and RACL comprise only directors nominated by RBI Singapore.RBI Singapore is acting as security agent in connection with (i) a USD224,000,000 credit agreement dated 22 November 2013 between (amongst others) RACL (as borrower) and Raiffeisen Bank International AG, Labuan branch, as lender, and (ii) a security agency

14. Contact name:
 MichaelLehotzki
15. Contact telephone number:
 (DID)+431 71707-1188 (GEN)+43-1-71707-1700]
 

 

 

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