TIDMFRI

RNS Number : 7899Q

Frontier Resources International

02 March 2016

For immediate release

2 March 2016

Frontier Resources International Plc

("Frontier" or the "Company")

Holding(s) in Company

The Board of Frontier announces that on 1 March 2016 the Company received the following TR-1 notification which is set out below.

Enquiries:

 
 Frontier Resources 
  International Plc             Tel: 1 (713) 7785 
  Adam Reynolds                 908158 
 
   Beaumont Cornish (Nomad)     Tel: +44 (0)20 7628 
   Michael Cornish              3396 
   Emily Staples 
 
   Beaufort Securities          Tel: +44 (0)20 7382 
   Limited (Broker)             8300 
   Jon Bellis 
 

A copy of this announcement will be available from the Company's website www.friplc.com

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                  FRONTIER RESOURCES INTERNATIONAL 
  the underlying issuer                                                                     PLC 
  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)                                              MR PAUL ARNOLD LEVINSON 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                                25(th) February 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                                       1(st) March 2016 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                         3% 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation                       Resulting situation after the 
  of             previous                        triggering transaction 
  shares         to the triggering 
                 transaction 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ------------------------------  ------------------------------------------------------------------------ 
                Number           Number         Number          Number of                      % of voting 
                of                of             of shares       voting                         rights (x) 
                Shares            Voting                         rights 
                                  Rights 
-------------  ---------------  -------------  --------------  -----------------------------  ------------------------- 
                                                Direct          Direct          Indirect       Direct        Indirect 
                                                                (xi)             (xii) 
-------------      -----------    -----------  --------------  --------------  -------------  ------------  ----------- 
 ORDINARY 
 SHARES OF 
 0.01P EACH 
 
 ISIN: 
 GB00B3K9ML24   0                0              333,000,000     333,000,000       0            6.514%        0 
               ---------------  -------------  --------------  ----------------  -----------  ------------  ----------- 
 
 
 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. 
-----------------  -------------  -----------------------------  -------------------------------  --------------------- 
 n/a                n/a            n/a                            0                                0 
-----------------  -------------  -----------------------------  -------------------------------  --------------------- 
 
 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) 
---------------  -------------  -------------  ------------  ---------------------------------  ----------------------- 
 n/a              n/a            n/a            n/a                                              Nominal       Delta 
---------------  -------------  -------------  ------------                                     ------------  --------- 
                                                              0                                  0             0 
-------------      -----------    -----------  ------------  ---------------------------------  ------------  --------- 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  ---------------------------------------------------------- 
 333,000,000                                                  6.51% 
-----------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------- 
 n/a 
 
 Proxy Voting: 
----------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                            n/a 
-------------------------------------------------------  -------------------- 
 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:                                        Nominees Department 
-------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  0203 100 8310 
-------------------------------------------------------  -------------------- 
 
 

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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