5th Jan 2009 08:22
5 January 2009
Polo Resources Limited ("Polo Resources", "Polo" or "the Company")
Notification concerning interests in shares of the Company
The Company was notified on 2 January 2009 by Stonehill Capital Management LLC ("Stonehill") that as of December 29, 2008, Stonehill Institutional Partners, LP and Stonehill Offshore Partners Limited had the following interests in the Company's issued share capital:
Registered Shareholder |
Holding of Ordinary Shares |
Percentage of issued share capital of the Company |
||
Stonehill Institutional Partners, LP |
33,766,500 |
1.802 % |
||
Stonehill Offshore Partners Limited |
34,363,500 |
1.833 % |
Stonehill are investment advisors to Stonehill Institutional Partners, LP and Stonehill Offshore Partners Limited and accordingly, Stonehill are interested in aggregate in 68,130,000 Ordinary Shares representing 3.635 % of Polo's current issued share capital.
Contacts:
Polo Resources Limited Tel: +27 11 269 4906
Gary Good
Canaccord Adams Tel: +44 (0) 207 050 6500
Mike Jones
Ryan Gaffney
Related Shares:
POL.L