Major Shareholding Notification • Jun 21, 2016
Major Shareholding Notification
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National Storage Mechanism | Additional information
| For filings with the FCA include the annex | |||||
| For filings with issuer exclude the annex | |||||
| 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: |
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| 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 specify): | Reporting aggregated control by Kairos Investment Management Limited (“KIML”) of the funds specified below. Report being made consequent to management of ‘Kairos International Sicav – Key’ being transferred to manager on 30 May 2016. | ||||
| 3. Full name of person(s) subject to the notification obligation: |
Kairos Investment Management Limited | ||||
| 4. Full name of shareholder(s) (if different from 3.): |
See number 3 | ||||
| 5. Date of the transaction and date on which the threshold is crossed or reached: |
30/05/2016 | ||||
| 6. Date on which issuer notified: | 17/06/2016 | ||||
| 7. Threshold(s) that is/are crossed or reached: |
5% |
| 8. Notified details: | |||||||||||||||||||||||||||||||
| A: Voting rights attached to shares | |||||||||||||||||||||||||||||||
| Class/type of shares Nominal value of 0.1 pence 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 |
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| Direct | Direct | ||||||||||||||||||||||||||||||
| ISIN:- GB00B015PT76 | 0 | 0 | 750,000 | ||||||||||||||||||||||||||||
| B: Qualifying Financial Instruments | |||||||||||||||||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||
| Type of financial instrument |
Expiration date |
Exercise/ Conversion Period |
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| N/A | N/A | N/A | |||||||||||||||||||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||||||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||
| Type of financial instrument |
Exercise price | Expiration date | |||||||||||||||||||||||||||||
| Contract for Difference Contract for Difference |
N/A N/A |
15 January 2026 6 July 2018 |
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| 2.571% 2.823% |
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| Total (A+B+C) | |||||||||||||||||||||||||||||||
| Number of voting rights | |||||||||||||||||||||||||||||||
| 126,679,897 |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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| Kairos Investment Management Limited (“KIML”) manages Kairos Pegasus Fund Limited (“KPFL”) and on 30 May 2016, management of Kairos International Sicav – Key (“”KISK”) was transferred to KIML. KPFL has an interest in 60,029,897 voting rights in Goldbridges Global Resources Plc (the “Company”) pursuant to a contract for difference that expires on 15 January 2026. KISK holds 750,000 shares in the Company and has a further interest in 65,900,000 voting rights in the Company pursuant to a contract for difference that expires on 6 July 2018. The transfer of management of KISK to KIML meant that the aggregate % of voting rights under management by KIML exceeded the 5% threshold. It is our understanding that the total voting shares outstanding of the Company is 2,334,342,130 bringing KIML’s aggregate interest in voting rights to 5.43%. |
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| Proxy Voting: | |||||||
| 10. Name of the proxy holder: | |||||||
| 11. Number of voting rights proxy holder will cease to hold: |
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| 12. Date on which proxy holder will cease to hold voting rights: |
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| 13. Additional information: | None. | ||||||
| 14. Contact name: | Matthew Rae | ||||||
| 15. Contact telephone number: | 020 7398 3036 |
View source version on businesswire.com: http://www.businesswire.com/news/home/20160621005781/en/
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