TIDMTRP

RNS Number : 2800X

Tower Resources PLC

04 May 2016

 
 
 TR-1:NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                    Tower Resources Plc 
  the underlying 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:                                     M&G Investment Funds (4) 
  (iii) 
----------------------------------------------------------  ---------------------------- 
 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                                          03 May 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
----------------------------------------------------------  ---------------------------- 
 6. Date on which issuer                                             04 May 2016 
  notified: 
----------------------------------------------------------  ---------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                  17% - 16% 
----------------------------------------------------------  ---------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type    Situation previous                 Resulting situation after the 
 of             to the triggering                  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     Indirect          Direct      Indirect 
                                                                  (xi)        (xii) 
------------      -----------    ------------    --------------  ---------  ----------------  ----------  ------------ 
 ORD GBP0.01 
 GB00B05KQ06     4,648,098         4,648,098        4,593,682        0          4,593,682         0%         16.87% 
------------  ---------------  ----------------  --------------  ---------  ----------------  ----------  ------------ 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of           Expiration     Exercise/                         Number of voting         % of voting 
 financial          date           Conversion                        rights that              rights 
 instrument         (xiii)         Period (xiv)                      may 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 
 financial        price         date            Conversion      rights instrument           rights (xix, 
 instrument                     (xvii)          period          refers to                   xx) 
                                                (xviii) 
--------------  -------------  --------------  --------------  -------------------------  ---------------------------- 
                                                                                           Nominal       Delta 
--------------  -------------  --------------  --------------  -------------------------  ------------  -------------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ------------------------------------------------------- 
 4,593,682                                                      16.87% 
-------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 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                                        N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  ------------------------------------- 
 12. Date on which proxy holder will                                      N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  ------------------------------------- 
 
 
  13. Additional information:                               With reference to item 3, 
                                                            M&G Investments 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. 
-------------------------------------------------------  ------------------------------------- 
 14. Contact name:                                        John Baker / Owen Smith / 
                                                           James Todd 

(MORE TO FOLLOW) Dow Jones Newswires

May 04, 2016 12:03 ET (16:03 GMT)

                                                           M&G Investment Management 
                                                           Limited 
-------------------------------------------------------  ------------------------------------- 
                                                          020 7548 2561 / 020 7004 
 15. Contact telephone number:                             4517 / 020 7548 2293 
-------------------------------------------------------  ------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLAIMATMBAMBPF

(END) Dow Jones Newswires

May 04, 2016 12:03 ET (16:03 GMT)

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