TIDMSGZ

RNS Number : 1659J

Scotgold Resources Ltd

07 September 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                                       Scotgold Resources Limited 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
----------------------------------------------------------------------------  ----------------------------------- 
 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                                                             Conversion of Convertible Note       X 
  specify): 
------------------------------------------------------------------------  ----------------------------------- 
 3. Full name of person(s) subject                                                   Richard Milne Harris 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s)                                                      Richard Milne Harris 
  (if different from 3.):(iv)                                                   Golden Matrix Holdings Pty Ltd 
--------------------------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction and date                                                   2 September 2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer notified:                                                     6 September 2016 
--------------------------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are crossed                                                      3% and 4% 
  or 
  reached: (vi, vii) 
--------------------------------------------------------------------------  ------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------------- 
 Class/type   Situation previous                            Resulting situation after the triggering 
 of            to the triggering                             transaction 
 shares        transaction 
 
 if 
 possible 
 using 
 the ISIN 
 CODE 
-----------  --------------------------------------------  ----------------------------------------------------------------- 
              Number                      Number            Number         Number of voting            % of voting 
               of                          of               of shares       rights                      rights (x) 
               Shares                      Voting 
                                           Rights 
-----------  --------------------------  ----------------  -------------  --------------------------  ---------------------- 
                                                            Direct         Direct (xi)    Indirect     Direct     Indirect 
                                                                                          (xii) 
-----------      ---------  -----------      ------------  -------------  -------------  -----------  ---------  ----------- 
 
 Ordinary 
 shares              42,999,999             42,999,999      67,999,999      67,999,999                  4.42% 
-----------  --------------------------  ----------------  -------------  -------------  -----------  ---------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 Type of          Expiration                Exercise/                        Number of voting            % of voting 
 financial         date (xiii)               Conversion Period                rights that may             rights 
 instrument                                  (xiv)                            be 
                                                                              acquired if the 
                                                                              instrument is 
                                                                              exercised/ converted. 
---------------  ------------------------  -------------------------------  --------------------------  -------------------- 
 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        Exercise     Expiration       Exercise/                    Number of        % of voting rights 
 financial      price         date (xvii)      Conversion                  voting            (xix, xx) 
 instrument                                    period (xviii)              rights 
                                                                           instrument 
                                                                           refers to 
-------------  -----------  ---------------  ---------------------------  ---------------  --------------------------------- 
     N/A        N/A          N/A              N/A                               N/A         Nominal                 Delta 
-------------  -----------  ---------------  ---------------------------  ---------------  ----------------------  --------- 
                                                                                                     N/A              N/A 
-----------      ---------  -----------      ------------    -----------    -----------    ----------------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  --------------------------------------------------------------- 
                         67,999,999                                                       4.42% 
-----------------------------------------------------------  --------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------------------- 
 Richard Milne Harris holds 22,500,000 ordinary shares in Scotgold Resources 
  Limited 
  Golden Matrix Holdings Pty Ltd (a company 100% controlled by Richard 
  Milne Harris) holds 
  45,499,999 ordinary shares in Scotgold Resources Limited. 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                             N/A 
-----------------------------------------------------------------------  --------------------- 
 11. Number of voting rights proxy holder will                                             N/A 
  cease 
  to hold: 
-----------------------------------------------------------------------  --------------------- 
 12. Date on which proxy holder will cease to                                              N/A 
  hold 
  voting rights: 
-----------------------------------------------------------------------  --------------------- 
 
 
  13. Additional information:                                                      N/A 
-----------------------------------------------------------------------  --------------------- 
 14. Contact name:                                                        Richard Milne Harris 
-----------------------------------------------------------------------  --------------------- 
 15. Contact telephone number:                                             +44 (0) 7789070951 
-----------------------------------------------------------------------  --------------------- 
 
 

HOLEAKNXELEKEEF

(END) Dow Jones Newswires

September 07, 2016 02:45 ET (06:45 GMT)

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