TIDMCRND

RNS Number : 3462S

Central Rand Gold Limited

20 December 2016

Central Rand Gold Limited

(Incorporated as a company with limited liability under the laws of Guernsey,

Company Number 45108)

(Incorporated as an external company with limited liability under the laws of South Africa,

Registration number 2007/019223/10)

ISIN: GG00B92NXM24

   LSE share code: CRND   JSE share code: CRD 

("Central Rand Gold" or the "Company")

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                      Central Rand Gold Ltd. 
  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)                                      Bergen Asset Management, LLC 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                               BNP Paribas Securities Services 
  (if different from 3.):(iv)                                  as custodian for Bergen Global 
                                                                    Opportunity Fund, LP. 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                           15 December 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                              19 December 2016 
  notified: 
-----------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                   6%, 5%, 4%, 3% 
-----------------------------------------------------------  --------------------------------- 
 
 
 
 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         rights                 rights (x) 
                Shares      Voting                     shares 
                            Rights 
------------  -----------  -------------------------  --------  ---------------------  ------------------- 
                                                       Direct    Direct      Indirect   Direct    Indirect 
                                                                  (xi)        (xii) 
------------  -----------  -----------  ------------  --------  ----------  ---------  --------  --------- 
 
               12,721,105   6.12%                                            Below 3%             Below 3% 
------------  -----------  -------------------------  --------  ----------  ---------  --------  --------- 
 
 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 3%                                              Below 3% 
----------------------------------------------------  ---------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------- 
 
   Bergen Asset Management, LLC is ultimately controlled 
   by Mr. Eugene Tablis 
 
 Proxy Voting: 
----------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  -------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  -------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  -------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  -------------------- 
 14. Contact name:                                              Cory Burns, CFO/COO 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  +1 212 488 2559 
-------------------------------------------------------------  -------------------- 
 
 

Johannesburg

20 December 2016

JSE Sponsor

Merchantec Capital

This information is provided by RNS

The company news service from the London Stock Exchange

END

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