KAVANGO RESOURCES PLC

Major Shareholding Notification • Jun 11, 2021

National Storage Mechanism | Additional information

RNS Number : 6992B

Kavango Resources PLC

11 June 2021

PRESS RELEASE

11 June 2021

KAVANGO RESOURCES PLC

("the Company")

TR-1: Standard form for notification of holding(s) in the Company

Kavango Resources plc (LSE: KAV), the exploration group listed on the Standard List segment of the main market of the London Stock Exchange and targeting the discovery of world class mineral deposits in Botswana, announces that it has received the TR-1 form as set out below in this announcement. A copy of the announcement is available on the Company's website at www.kavangoresources.com and on twitter at #KAV.

For further information please contact:

Kavango Resources plc                                                          

Michael Foster

mfoster@kavangoresources.com

TR-1: Standard form for notification of major holdings

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		KAVANGO RESOURCES 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
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii			John Charles Forrest
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			11.06.2021
6. Date on which issuer notified:			11.06.2021
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
2138007PZJFATXWUTS29	11,800,340			11.800,340						10,700,340		0	2.97%			0
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
10,700,340									2.97%
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:
14. Contact name:									John Forrest
15. Contact telephone number:									07961211783
Place of completion					Toronto, Canada
Date of completion					11.06.2021

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