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DJ NQ Minerals PLC TR1: Notification of Major Interest in Shares

TIDMNQMI

RNS Number : 7146F

NQ Minerals PLC

19 May 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
---------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                      NQ Minerals Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: 
-------------------------------------------------------------  ------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
----------------------------------------------------------------  ---------------- 
 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                         X 
----------------------------------------------------------------  ---------------- 
 Other (please 
  specify): 
---------------------------------------------------------  -----  ---------------- 
 3. Full name of person(s)                                            Walter Doyle 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  --------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------------  --------------------- 
 5. Date of the transaction                                            18 May 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  --------------------- 
 6. Date on which issuer                                               18 May 2017 
  notified: 
-----------------------------------------------------------  --------------------- 
 7. Threshold(s) that is/are                                             Below 50% 
  crossed or 
  reached: 
-----------------------------------------------------------  --------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                 Resulting situation after the 
  of              to the triggering                  triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ---------------------------------  ---------------------------------------------------------------------- 
                 Number            Number           Number          Number of                    % of voting 
                  of                of               of shares       voting                       rights 
                  Shares            Voting                           rights 
                                    Rights 
--------------  ----------------  ---------------  --------------  ---------------------------  ------------------------- 
                                                    Direct          Direct          Indirect     Direct        Indirect 
--------------      ------------    -----------    --------------  --------------  -----------  ------------  ----------- 
 
  GB00BYN8YP12   100,000,000       58.69%           100,000,000     100,000,000     -            41.49         - 
                ----------------  ---------------  --------------  --------------  -----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration      Exercise/                        Number of voting               % of voting 
  instrument          date            Conversion                       rights that                    rights 
                                      Period                           may be 
                                                                       acquired if 
                                                                       the 
                                                                       instrument 
                                                                       is 
                                                                       exercised/ 
                                                                       converted. 
------------------  --------------  -------------------------------  -----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of           Exercise        Expiration     Exercise/         Number of voting               % of voting 
 financial          price          date           Conversion         rights instrument              rights 
 instrument                                       period             refers to 
----------------  --------------  -------------  ----------------  -----------------------------  ----------------------- 
                                                                                                   Nominal       Delta 
----------------  --------------  -------------  ----------------  -----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  -------------------------------------------------------------------- 
 100,000,000                                          41.49% 
---------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
--------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
--------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ------------------ 
 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:                                              Brian Stockbridge 
-------------------------------------------------------------  ------------------ 
 15. Contact telephone number:                                  +44 (0) 787688011 
-------------------------------------------------------------  ------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 19, 2017 10:04 ET (14:04 GMT)