TIDMTRP

RNS Number : 4733J

Tower Resources PLC

09 September 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                                         08 September 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                            09 September 2016 
  notified: 
---------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are                                            Below 5% 
  crossed or                                                           See item 13 
  reached: (vi, vii) 
---------------------------------------------------------  ---------------------------------- 
 
 
 
 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                                  Below                 Below                    Below 
  GB00BZ6D6J81   3,060,146     3,060,146         5%                    5%                       5% 
--------------  -----------  ------------  ------------  -------  -----------  ---------  ------------ 
 
 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 
-------------------------------------------------------  --------------------------------------------- 
 Below 5%                                                 Below 5% 
-------------------------------------------------------  --------------------------------------------- 
 
 
 
 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. 
 
                                                            Therefore the below 5% holding 
                                                            being disclosed in this notification 
                                                            is encompassed in the below 
                                                            5% holding being disclosed 
                                                            under The Prudential plc 
                                                            group of companies and is 
                                                            NOT in addition to it. 
 
                                                            We no longer hold a notifiable 
                                                            interest under M&G Investment 
                                                            Funds (4). 
-------------------------------------------------------  --------------------------------------- 
 14. Contact name:                                        John Baker / Owen Smith / 
                                                           James Todd 
                                                           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

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September 09, 2016 10:50 ET (14:50 GMT)

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