21st Jul 2010 07:22
21 July 2010
Polo Resources Limited
('Polo Resources' or 'the Company')
TR1 Notification
The Company (AIM and TSX: POL) was notified on 20 July 2010 by Ingalls & Snyder LLC 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 - Ingalls & Snyder LLC
Full name of shareholder if different - Ingalls & Snyder LLC and Ingalls & Snyder Value Partners LP
Date of Transaction: 16 July 2010
Threshold crossed or reached Under 5%
Situation previous to the triggering transaction:
Number of Shares: 149,870,000
Number of Voting Rights: 149,870,000
Resulting situation after the triggering transaction:
Number of Shares: 110,220,000
Number of Voting Rights (Direct): 110,220,000
Number of Voting Rights (Indirect): n/a
Percentage of Voting Rights (Direct): 4.69%
Percentage of Voting Rights (Indirect): n/a
Contacts:
|
Polo Resources Limited Neil Herbert, Executive Co-Chairman |
Tel: +27 82 404 36 37 |
|
Canaccord Genuity Limited Ryan Gaffney Bhavesh Patel |
Tel: +44 (0) 207 050 6500 |
|
Financial Dynamics Ben Brewerton Edward Westropp |
Tel: +44 (0) 20 7831 3113 |
Related Shares:
POL.L