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DJ Equatorial Mining & Exploration PLC Holding(s) in Company

TIDMEM.P

RNS Number : 9977M

Equatorial Mining & Exploration PLC

19 September 2019

GB00B63R0322

19 September 2019

Equatorial Mining and Exploration Plc

("EME" or the "Company")

Major Shareholding Notification

Equatorial Mining and Exploration Plc, the African resource investment company, has been informed by Mr A Khan, a significant shareholder in the Company with a holding of 1,000,000,000 ordinary shares of 0.01p each in the Company representing an interest of 3.32% of the total voting rights of the Company. The Company was notified of the change on 17 September 2019.

The TR-1 form is set out below in this announcement.

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer 
  and to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                 Equatorial Mining & Exploration 
  underlying issuer of existing shares                                           PLC 
  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                                                         Mr A Khan 
 City and country of registered office 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) 
 Name 
                                                             ------------------------------------------ 
 City and country of registered office 
  (if applicable) 
                                                             ------------------------------------------ 
 5. Date on which the threshold was                           16/09/19 
  crossed or reached(vi) : 
                                                             ------------------------------------------ 
 6. Date on which issuer notified                             17/09/19 
  (DD/MM/YYYY): 
                                                             ------------------------------------------ 
 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 
                            to shares (total        instruments            8.B)        rights of 
                                of 8. A)           (total of 8.B                       issuer(vii) 
                                                    1 + 8.B 2) 
                          ------------------  ---------------------  --------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               3.32%               0%                     3.32%           30,124,849,507 
                          ------------------  ---------------------  --------------  ------------------ 
 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               (Art 9 of Directive     (Art 10 of 
                            2004/109/EC)             Directive 2004/109/EC)            2004/109/EC)          Directive 
                              (DTR5.1)                     (DTR5.2.1)                    (DTR5.1)          2004/109/EC) 
                                                                                                            (DTR5.2.1) 
                                               -------------------------------- 
   GB00B63R0322       1,000,000,000                                               3.32% 
                     ------------------------  --------------------------------  -----------------------  -------------- 
 
 
 SUBTOTAL 8. 
  A                   1,000,000,000                                               3.32% 
                     ----------------------------------------------------------  --------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 
  2004/109/EC (DTR5.3.1.1 (a)) 
 Type of financial    Expiration   Exercise/                              Number of voting                 % of voting 
  instrument           date(x)      Conversion Period(xi)                  rights that may                  rights 
                                                                           be acquired if 
                                                                           the instrument 
                                                                           is 
                                                                           exercised/converted. 
                     -----------  -------------------------------------  -------------------------------  -------------- 
 
 
 
                                   SUBTOTAL 8. B 
                                    1                                                                      0% 
                                  -------------------------------------  -------------------------------  -------------- 
 
 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                 Number of            % of voting 
 financial        date(x)           Conversion                or cash                  voting rights        rights 
 instrument                         Period (xi)               settlement(xii) 
                ----------------  ------------------------  -----------------------  ------------------- 
 
 
 
                                                             SUBTOTAL 
                                                              8.B.2                                        0% 
                                                            -----------------------  ------------------- 
 
 
 
 
 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               X 
  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) 
    Name(xv)      % of voting rights    % of voting rights       Total of both 
                    if it equals or      through financial       if it equals or 
                    is higher than         instruments if        is higher than 
                    the notifiable        it equals or is        the notifiable 
                       threshold          higher than the           threshold 
                                        notifiable threshold 
                 -------------------  ----------------------  ------------------- 
 
 
 
 
 
 
 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   UK 
 Date of completion    19/09/19 
                      --------- 
 

The directors of Equatorial Mining and Exploration Plc accept responsibility for this announcement.

   Equatorial Mining & Exploration Plc:                                    charles.bray@eme-plc.com 

Charles Bray, Executive Chairman

NEX EXCHANGE CORPORATE ADVISER:

Alexander David Securities Limited

David Scott -Corporate Finance

James Dewhurst - Corporate Broking

Telephone: +44 (0) 20 7448 9820

http://www.ad-securities.com

49 Queen Victoria Street, London EC4N 4SA

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END

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September 19, 2019 08:13 ET (12:13 GMT)