TOWER RESOURCES PLC - Major Shareholding Notification 2016

National Storage Mechanism | Additional information

RNS Number : 5912I

Tower Resources PLC

31 August 2016


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		Tower 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	Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.):iv	Prudential plc M&G Group Limited M&G Limited M&G Investment Management Limited M&G Securities Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v	30 August 2016
6. Date on which issuer notified:	31 August 2016
7. Threshold(s) that is/are crossed or reached: vi, vii	15% - 11%


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
ORD GBP0.01 GB00BZ6D6J81	4,092,998			4,092,998			3,092,998		0		3,092,998			0		11.35%

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
3,092,998								11.35%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Prudential plc (parent Company) - 3,092,998 (11.35%) M&G Group Limited (wholly owned subsidiary of Prudential plc) - 3,092,998 (11.35%) M&G Limited (wholly owned subsidiary of M&G Group Limited - 3,092,998 (11.35%) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) - 3,092,998 (11.35%) M&G Securities Limited (wholly owned subsidiary of M&G Limited) - 3,092,998 (11.35%)

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:
14. Contact name:	John Baker / Owen Smith / James Todd M&G Investment Management Limited
15. Contact telephone number:	020 7548 2561 / 020 7004 4517 / 020 7548 2293

This information is provided by RNS

The company news service from the London Stock Exchange

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