CONDOR GOLD PLC — Major Shareholding Notification 2016

Jun 6, 2016

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 2770A

Condor Gold PLC

06 June 2016

6 June 2016

Condor Gold plc

("Condor Gold" or the "Company")

Holdings in Company

The Board of Condor Gold announces that the Company has received the following TR-1 notification which is set out below.

For further information please visit www.condorgold.com or contact:

Condor Gold plc	Mark Child, Executive Chairman and CEO +44 (0) 20 7493 2784
Beaumont Cornish Limited Numis Securities Limited	Roland Cornish and James Biddle +44 (0) 20 7628 3396 John Prior and James Black +44 (0) 20 72601000
Farm Street Media	Simon Robinson +44 (0) 7593 340107

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										Condor Gold Plc.
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																	x
An event changing the breakdown of voting rights
Other (please specify):			Agreement for a concerted exercise of voting rights
3. Full name of person(s) subject to the notification obligation: iii								International Finance Corporation IFC is an international organization established by Articles of Agreement among its member countries and as such, enjoys certain immunities, privileges and exemptions, including the freedom of all of its property and assets from restrictions, regulations, controls and moratoria of any nature.  The voluntary provision by IFC of any of the information set forth in this document does not in any way constitute or imply a waiver, termination or modification by IFC of any privilege, immunity or exemption of IFC granted in the Articles of Agreement establishing IFC, international conventions, or applicable law.
4. Full name of shareholder(s) (if different from 3.):iv								N/A
5. Date of the transaction and date on which the threshold is crossed or reached:								May 27th, 2016
6. Date on which issuer notified:								May 27th, 2016
7. Threshold(s) that is/are crossed or reached: vi, vii								8%
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
	3,900,000				3,900,000		4,500,000			4,500,000				8.5%
Ordinary Shares GB00B8225591
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
N/A				N/A		N/A				N/A					N/A
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
Share warrants Share warrants		£0.60 £1.44			Apr 14, 2018 Oct 30, 2018					400,000 1,950,000			Nominal				Delta
0.8% 3.7%				0.6% 2.0%
Total (A+B+C)
Number of voting rights									Percentage of voting rights
6,850,000									11.1%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder:											N/A
11. Number of voting rights proxy holder will cease to hold:											N/A
12. Date on which proxy holder will cease to hold voting rights:											N/A
13. Additional information									N/A
14. Contact name:									Juan Jose Rossel
15. Contact telephone number:									+51 1 611 2520

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLGRGDLUBGBGLL