TIDMTRP

RNS Number : 6874T

Tower Resources PLC

21 July 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying              Tower Resources Plc 
  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                                     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)                     M&G Investment Funds (4) 
----------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
                                                State Street Nominees Ltd A/C MGRN 
                                                State Street Nominees Ltd A/C MGRQ 
----------------------------------------  ------------------------------------------- 
 5. Date of the transaction and date                      20 July 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
----------------------------------------  ------------------------------------------- 
 6. Date on which issuer notified:                        21 July 2015 
----------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are crossed                      See item 13 
  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) 
------------    ---  ------  ------  -----  ----  -----------------  ----------------  --------------  ---------  ---------- 
 GB00B05KQ06     Below 5%          Below 5%         1,199,126,672      1,199,126,672          0          17.80%        0 
------------  -------------  -------------------  -----------------  ----------------  --------------  ---------  ---------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration      Exercise/                         Number of voting              % of voting 
  instrument           date (xiii)     Conversion Period                 rights that may               rights 
                                       (xiv)                             be 
                                                                         acquired if the 
                                                                         instrument is 
                                                                         exercised/ converted. 
-------------------  --------------  --------------------------------  ----------------------------  ----------------------- 
 
 
 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 voting                % of voting rights 
 financial        price        date (xvii)    Conversion         rights instrument               (xix, xx) 
 instrument                                   period             refers to 
                                              (xviii) 
--------------  -----------  -------------  -----------------  ------------------------------  ----------------------------- 
                                                                                                Nominal         Delta 
--------------  -----------  -------------  -----------------  ------------------------------  --------------  ------------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ------------------------------------------------------------- 
 1,199,126,672                                                  17.80% 
-------------------------------------------------------------  ------------------------------------------------------------- 
 
 
 
 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:                                         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: 
------------------------------------------------------  --------------------------------- 
 
                                           With reference to item 3, M&G Investments 
  13. Additional information:               Funds (4) is an Open Ended Investment 
                                            Company (OEIC) and is not a Prudential 
                                            group company and must be separately 
                                            disclosed. 
                                            This OEIC Fund is managed by M&G Investment 
                                            Management Limited (a wholly owned 
                                            subsidiary of Prudential plc) and 
                                            will have been previously attributed 
                                            to Prudential plc solely on the basis 
                                            that M&G Investment Management Ltd 
                                            has direct fund management control 
                                            over the shares identified in this 
                                            notification. 
 
                                            Therefore the 17.80% holding being 
                                            disclosed in this notification is 
                                            encompassed in the 17.99% being disclosed 
                                            under The Prudential plc group of 
                                            companies and is NOT in addition to 
                                            it. 
----------------------------------------  ----------------------------------------------- 
 14. Contact name:                         James Todd / Poonam Stammers 
                                            M&G Investment Management Limited 
----------------------------------------  ----------------------------------------------- 
 15. Contact telephone number:             020 7548 2293 / 0203 480 6135 
----------------------------------------  ----------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLRBMATMBTTBJA

Tower Resources (LSE:TRP)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Tower Resources Charts.
Tower Resources (LSE:TRP)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Tower Resources Charts.