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Stratex International plc RNS Release

Holding(s) in Company


RNS Number : 0323X
Stratex International PLC
20 November 2017
 

Stratex International Plc

 

Holding(s) in Company

 

Stratex International Plc, the AIM-quoted gold exploration and development company, has received the below major holding notification.

 

TR-1: S tandard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS

 

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :

Stratex International plc

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

 

An acquisition or disposal of financial instruments

 

An event changing the breakdown of voting rights

X

Other (please specify)iii:

 

3. Details of person subject to the notification obligation iv

Name

Argyle Street Management Holdings Limited

Argyle Street Management Limited

City and country of registered office (if applicable)

Road Town Tortola, British Virgin Islands

4. Full name of shareholder(s) (if different from 3.) v

Name

Preston Road Limited

ASM Connaught House (Master) Fund II LP

ASM Connaught House Fund LP

City and country of registered office (if applicable)

Road Town Tortola, British Virgin Islands

Grand Cayman, Cayman Islands

5. Date on which the threshold was crossed or reached vi :

20 November 2017

6. Date on which issuer notified (DD/MM/YYYY):

20 November 2017

7. Total positions of person(s) subject to the notification obligation

 

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuer vii

Resulting situation on the date on which threshold was crossed or reached

11.49%

0

11.49%

467,311,276

Position of previous notification (if

applicable)

11.49%

0

11.49%

 

             

 

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
shares

ISIN code (if possible)

Number of voting rights ix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00B0T29327

53,710,219

 

11.49%

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. A

53,710,219

11.49%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlement xii

Number of voting rights

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 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)

X

Name xv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

ASM Connaught House General Partner Limited

6.09%

0

6.09%

ASM Connaught House Fund LP

6.09%

0

6.09%

Albany Road Limited

0

0

0

ASM Connaught House General Partner II Limited

5.40%

0

5.40%

ASM Connaught House Fund II LP

5.40%

0

5.40%

ASM Connaught House (Master) Fund II LP

5.40%

0

5.40%

Caroline Hill Limited

0

0

0

Preston Road Limited

0

0

0

 

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

Hong Kong

Date of completion

20 November 2017

 

 

 

 

 

 

** ENDS **

 

For further information please visit www.stratexinternational.com , @StratexPLC on Twitter,   email [email protected] , or contact:

 

 

Stratex International Plc

Tel: +44 (0)20 7830 9650

Dr Bob Foster / Claire Bay

 

Grant Thornton UK LLP

Tel: +44 (0)20 7383 5100

Samantha Harrison / Daniel Bush

 

Hannam & Partners

Tel: +44 (0)20 7907 8500

Neil Passmore / Andrew Chubb

 

 

Camarco

Tel: +44 (0)20 3757 4980

Gordon Poole / Nick Hennis / Monique Perks

 

                                                                

               

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 15% of a copper-gold project at feasibility stage and an exciting exploration project in Senegal. 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.

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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