Pathfinder Minerals Plc Holding(s) in Company (6137Q)
June 18 2015 - 11:40AM
UK Regulatory
TIDMPFP
RNS Number : 6137Q
Pathfinder Minerals Plc
18 June 2015
For immediate release: 18 June 2015
Pathfinder Minerals Plc
("Pathfinder" or "the Company")
Holding in Company
The Company was notified on 17 June 2015 that Mr Paul Ellison
and Mr Gareth Roberts, in their capacity as Joint Administrators
for Hill Street Investments plc ("HSI"), are interested in
86,544,983 ordinary 1p shares in Pathfinder, representing 8.34% of
the Company's total issued ordinary share capital.
HSI was the company through which Mr Timothy Baldwin held the
majority of his interests in Pathfinder. Pathfinder is advised that
HSI was placed in Administration on 10 January 2014 and thus, from
that date, all its assets vested in HSI's Joint Administrators, Mr
Ellison and Mr Roberts. Accordingly Mr Baldwin no longer holds a
notifiable interest in the share capital of the Company.
Enquiries:
Pathfinder Minerals Plc
Nick Trew, Chief Executive
Tel.: +44 (0)20 3440 7775
WH Ireland Limited (Nomad and Broker)
Paul Shackleton
Tel.: +44 (0)20 7220 1756
Vigo Communications
Ben Simons or Ali Roper
Tel.: +44 (0)20 7016 9595
Email: pathfinderminerals@vigocomms.com
Notes to Editors:
Pathfinder Minerals Plc is incorporated in England & Wales
and is admitted to trading on the AIM market of the London Stock
Exchange.
Companhia Mineira de Naburi S.A.R.L., a subsidiary of Pathfinder
Minerals, was issued mining concession licences 760C and 4623C on
13 September 2004 and 13 July 2011 respectively, each for a period
of twenty-five years. Taken together, these mining concessions
cover approximately 32,000 hectares of land on the Indian Ocean
coast of the Zambezia province of Mozambique, known to contain the
heavy minerals, ilmenite, rutile and zircon.
As announced on 3 February 2012, ownership of these licences is
being disputed.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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