GALILEO RESOURCES PLC — Major Shareholding Notification 2015

Aug 20, 2015

National Storage Mechanism | Additional information

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RNS Number : 6416W

Galileo Resources PLC

20 August 2015

For Immediate Release

20 August 2015

Galileo Resources Plc

("Galileo" or the "Company")

Holding(s) in Company

The Board of Galileo announces that on 19 August 2015 the Company received the following TR-1 notification which is set out below without amendment.

For further information, please contact:

Colin Bird, Chairman & CEO	Tel +44 (0) 20 7581 4477
Andrew Sarosi, Technical Director	Tel +44 (0) 1752 221937
Beaumont Cornish Limited - Nomad Roland Cornish	Tel +44 (0) 20 7628 3396
Beaufort Securities Limited  - Joint Broker Elliot Hance	Tel +44 (0) 20 7382 8416
Daniel Stewart & Co - Joint Broker David Coffman/Martin Lampshire	Tel + 44 (0) 20 7776 6596

1. Identity of the issuer or the underlying issuer

of existing shares to which voting rights are

attached: ii

Galileo Resources Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

yes

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

Tiger Resource Finance Plc

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

19 August 2015

6. Date on which issuer notified:

19 August 2015

7. Threshold(s) that is/are crossed or

reached: vi, vii

3%,4%,5%,6%

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	NIL			NIL			10,416,667		10,416,667			6.69%
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
10,416,667								6.69%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Shares held by Fiftel nominees on behalf of Tiger Resource Finance Plc
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:
14. Contact name:	Raju Samtani
15. Contact telephone number:	44 207 581 4477

This information is provided by RNS

The company news service from the London Stock Exchange

END

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