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Oriole Resources PLC - Holding(s) in Company

RNS Number : 9610M
Oriole Resources PLC
26 January 2021
 

Oriole Resources PLC

 

('Oriole' or 'the Company')

 

Holding(s) in Company

 

Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focussed on West Africa, announces that Argyle Street Management Holdings Limited's holding in the Company has been diluted to below 3% and consequently it no longer has a notifiable interest.

 

 

 

** ENDS **

 

 

 

For further information please visit www.orioleresources.com,  @OrioleResources on Twitter, 

or contact:

 

Oriole Resources PLC

Tim Livesey / Bob Smeeton / Claire Bay

 

Tel: +44 (0)20 7830 9650

Blytheweigh (IR/PR contact)

Tim Blythe / Megan Ray / Rachael Brooks

 

Tel: +44 (0)20 7138 3204

Grant Thornton UK LLP

Samantha Harrison / Seamus Fricker / George Grainger

 

Tel: +44 (0)20 7383 5100

Shard Capital Partners LLP

Damon Heath / Erik Woolgar / Isabella Pierre

 

Tel: +44 (0)20 186 9900

 

 

Notes to Editors:

 

 



 

TR-1: Standard 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 attachedii:

Oriole Resources 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

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 obligationiv

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

ASM Connaught House (Master) Fund II LP

ASM Connaught House Fund LP

City and country of registered office (if applicable)

Grand Cayman, Cayman Islands

5. Date on which the threshold was crossed or reachedvi:

22 January 2021

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

26 January 2021

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 issuervii

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

2.99%

0

2.99%

1,461,155,197

Position of previous notification (if applicable)

3.68%

0

3.68%

 

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% 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

43,710,219

 

2.99%

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. A

43,710,219

2.99%

 

 

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 settlementxii

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) issuerxiii

 

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

Namexv

% 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

1.59%

0

1.59%

ASM Connaught House Fund LP

1.59%

0

1.59%

ASM Connaught House General Partner II Limited

1.40%

0

1.40%

ASM Connaught House Fund II LP

1.40%

0

1.40%

ASM Connaught House (Master) Fund II LP

1.40%

0

1.40%

 

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 informationxvi


 

Place of completion

Hong Kong

Date of completion

26 January 2021

 

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