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Holding(s) in Company

29th Oct 2009 16:01

RNS Number : 6220B
Polo Resources Limited
29 October 2009
 



29 October 2009

Polo Resources Limited

('Polo Resources' or 'the Company')

Holdings in Company

The Company (AIM:PRL) was notified on 29 October 2009 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: 

28 October 2009

Threshold crossed or reached

4%

Situation previous to the triggering transaction:

88,720,000

Number of Shares: 

Number of Voting Rights:

88,720,000

Resulting situation after the triggering transaction:

Number of Shares:

99,870,000

Number of Voting Rights (Direct):

99,870,000

Number of Voting Rights (Indirect):

n/a

Percentage of Voting Rights (Direct):

4.256%

Percentage of Voting Rights (Indirect):

n/a

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
 
 
HOLEAKENAEENFFE

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