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Major Shareholding Notification

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RNS Number : 4167X
W Resources PLC
29 April 2019
 

 

 

 

 

 

 

 

 

29 April 2019

 

 

W Resources Plc

("W" or the "Company")

Major Shareholding Notification

W Resources (AIM:WRES), a tungsten, copper and gold exploration and development company, with assets in Spain and Portugal, has  been informed by its Registrars that Hansource Investments Ltd ("Hansource"), a significant shareholder in the company with a holding of 333,333,333 W ordinary shares of 0.1p each ("Ordinary Shares") representing an interest of 5.56 per cent. of the total voting rights of the Company, transferred its entire holding of 333,333,333 Ordinary Shares first to Lynchwood Nominees ("Lynchwood") and then in turn to Aurora Nominees ("Aurora"), an existing shareholder in W. The Company was informed of both transfers on 25 April 2019.

Following these and subsequent transfers, Aurora's holding now totals 15,754,999 Ordinary Shares representing an interest of 0.26 per cent. in the total voting rights of the Company. Neither Hansource or Lynchwood have a notifiable direct holding of Ordinary Shares following the aforementioned transfers.

 

Enquiries:

W Resources Plc

Grant Thornton UK LLP

Michael Masterman

Colin Aaronson / Seamus Fricker

T: +44 (0) 20 7193 7463

T: +44 (0) 20 7383 5100

www.wresources.com




Turner Pope Investments (TPI) Ltd

Gable Communications

Andy Thacker

Justine James

T: +44 (0) 203 621 4120

T: +44 (0) 20 7193 7463

www.turnerpope.com

M: +44 (0) 7525 324431

 


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Quick facts: W Resources PLC

Price: 0.32

Market: AIM
Market Cap: £19.89 m
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