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ARIANA RESOURCES PLC

Major Shareholding Notification Jan 11, 2021

7497_mrq_2021-01-11_dec73331-ed9f-427c-991c-85952f7832a0.html

Major Shareholding Notification

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National Storage Mechanism | Additional information

RNS Number : 3066L

Ariana Resources PLC

11 January 2021

11 January 2021

AIM: AAU

Holdings in Company

Ariana Resources plc ("Ariana" or "the Company"), the exploration and development company operating in Europe, announces that it has received the following TR-1 which is set out without amendment below:

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer

of existing shares to which voting rights are

attached: ii
ARIANA RESOURCES
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
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the

notification obligation: iii
Stephen John Bingham
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on

which the threshold is crossed or

reached: v
8 January 2021
6. Date on which issuer notified: 8 January 2021
7. Threshold(s) that is/are crossed or

reached: vi, vii
3%
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 Direct xi Indirect xii Direct Indirect
Ordinary 32270322 32520322 3.023%
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
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
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
32270322 3.023%
9. Chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease

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

voting rights:
13. Additional information: N/A
14. Contact name: Stephen John Bingham
15. Contact telephone number:

Contacts:

Ariana Resources plc Tel: +44 (0) 20 7407 3616
Michael de Villiers, Chairman
Kerim Sener, Managing Director
Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396
Roland Cornish / Felicity Geidt
Panmure Gordon (UK) Limited Tel: +44 (0) 20 7886 2500
Atholl Tweedie / James Stearns
Yellow Jersey PR Limited Tel: +44 (0) 20 3004 9512
Dom Barretto / Joe Burgess / Henry Wilkinson [email protected]

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END

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