Stratex International PLC Holding(s) in Company (9727S)
June 28 2018 - 12:25PM
UK Regulatory
TIDMSTI
RNS Number : 9727S
Stratex International PLC
28 June 2018
Stratex International Plc
('Stratex' or 'the Company')
Holding(s) in Company
Stratex, the AIM-quoted gold-focused exploration and development
company in Turkey and Africa, has receive a major holding
notification from Hawk Investment Holdings Limited, advising that
it now holds 30,000,000 ordinary shares in the Company,
representing 4.27% of the Company's issued share capital.
**S **
For further information please visit
www.stratexinternational.com, @StratexPLC on Twitter,
or contact:
Stratex International Plc Tel: +44 (0)20 830 9650
Tim Livesey / Claire Bay
Camarco (IR/PR Contact) Tel: +44 (0)20 3757 4980
Gordon Poole / Nick Hennis / Monique
Perks
Grant Thornton UK LLP Tel: +44 (0)20 7383 5100
Samantha Harrison
Hannam & Partners Tel: +44 (0)20 7907 8500
Neil Passmore / Andrew Chubb
Turner Pope Investments (TPI) Tel: +44 (0)2036214120
Ltd
Ben Turner / James Pope / Andy
Thacker
Notes to Editors:
Since listing in 2006, Stratex has discovered more than 2.2
million ounces of gold and 7.09 million ounces of silver, as well
as 186,000 tonnes of copper. The Company owns an exciting
exploration project in Senegal on which it has signed an option
earn-in agreement with IAMGOLD and 14.87% of a copper-gold project
at feasibility stage in Turkey, which will likely default to a 1.2%
(post-Turkish tax) royalty position during 2018. The Company also
has significant interests in Thani Stratex Resources Ltd and Tembo
Gold Corp. for their exploration projects in Djibouti and Egypt,
and Tanzania respectively. The Company is currently pursuing
value-accretive opportunities within its existing portfolio as well
as identifying new value-appropriate projects in Africa and
Europe.
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the Stratex International Plc
underlying issuer of existing shares
to which voting rights are attached(ii)
:
--------------------------------------------
1b. Please indicate if the issuer is a non-UK issuer (please mark with
an "X" if appropriate)
Non-UK issuer
----
2. Reason for the notification (please mark the appropriate box or boxes
with an "X")
An acquisition or disposal of voting rights X
----
An acquisition or disposal of financial instruments
----
An event changing the breakdown of voting rights
----
Other (please specify)(iii) :
----
3. Details of person subject to the notification obligation(iv)
Name Morton PTC Limited as Trustee of
The Morton Family Trust (MFT) and
Hawk Investment Holdings Limited
(HIHL)
City and country of registered office HIHL - St Peter Port, Guernsey
(if applicable)
4. Full name of shareholder(s) (if different from 3.)(v)
Name Hawk Investment Holdings Limited
--------------------------------------------
City and country of registered office HIHL - St Peter Port, Guernsey
(if applicable)
--------------------------------------------
5. Date on which the threshold was 19(th) June 2018
crossed or reached(vi) :
--------------------------------------------
6. Date on which issuer notified (DD/MM/YYYY): 28(th) June 2018
--------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting rights
to shares (total instruments 8.B) of issuer(vii)
of 8. A) (total of 8.B
1 + 8.B 2)
------------------ --------------------- -------------- --------------------
Resulting situation
on the date
on which threshold
was crossed
or reached 4.27% 4.27% 701,801,276
------------------ --------------------- -------------- --------------------
Position of
previous notification
(if
applicable)
------------------ --------------------- -------------- --------------------
8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached(viii)
A: Voting rights attached to shares
Class/type of Number of voting rights(ix) % of voting rights
shares
ISIN code (if
possible)
Direct Indirect Direct Indirect
(Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive
2004/109/EC) 2004/109/EC) 2004/109/EC) (DTR5.1) 2004/109/EC)
(DTR5.1) (DTR5.2.1) (DTR5.2.1)
-----------------------------
GB00B0T29327 4.27%
30,000,000
(HIHL)
------------------------ ----------------------------- ------------------------- ---------------------
SUBTOTAL 8. A 30,000,000 4.27%
------------------------------------------------------- ------------------------------------------------
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
(DTR5.3.1.1 (a))
Type of Expiration Exercise/ Number of voting % of voting
financial date(x) Conversion Period(xi) rights that may rights
instrument be acquired if
the instrument
is
exercised/converted.
----------- ----------------------------------- -------------------------------- ---------------------
SUBTOTAL 8. B 1
----------------------------------- -------------------------------- ---------------------
B 2: Financial Instruments with similar economic effect according to
Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of Expiration Exercise/ Physical or Number of % of voting
financial date(x) Conversion cash voting rights rights
instrument Period (xi) settlement(xii)
---------------- ---------------------- ----------------------- --------------------
SUBTOTAL 8.B.2
----------------------- --------------------
9. Information in relation to the person subject to the notification
obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled
by any natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuer(xiii)
Full chain of controlled undertakings through which the voting rights x
and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity(xiv) (please add additional
rows as necessary)
Name(xv) % of voting rights % of voting rights Total of both if
if it equals or through financial it equals or is
is higher than the instruments if it higher than the
notifiable threshold equals or is higher notifiable threshold
than the notifiable
threshold
---------------------- --------------------- ------------------------
MFT as sole shareholder
of HIHL. The Board
of Directors of
Morton PTC are Albany
Directors Limited,
Mr Anthony David
Holt, Robert Walter
Morton (RWM) and
Susan Margaret Howard
Morton (SMHM). The
adult beneficiaries
of MFT are SMHM,
RWM, Charles Morton
(CNM), Edward Morton
(EGM) and Andrew
Morton (ARM) 0 0 0
---------------------- --------------------- ------------------------
HIHL 4.27% 0 4.27%
---------------------- --------------------- ------------------------
10. In case of proxy voting, please identify:
Name of the proxy holder
-----------------------------------------------
The number and % of voting rights
held
-----------------------------------------------
The date until which the voting rights
will be held
-----------------------------------------------
11. Additional information(xvi)
Place of completion St Peter Port, Guernsey
Date of completion 28(th) June 2018
------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
HOLBLGDLSDDBGII
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