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

TIDMEM.P

RNS Number : 9984M

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 J Kreitman, a significant shareholder in the Company with a holding of 1,570,000,000 ordinary shares of 0.01p each in the Company representing an interest of 5.2% 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 
  underlying issuer of existing shares 
  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 J Kreitman 
 City and country of registered office 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 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 (DD/MM/YYYY):           17/09/19 
                                                         --------------------------------------------------------- 
 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 rights 
                                    to shares (total         instruments             8.B)         of issuer(vii) 
                                        of 8. A)            (total of 8.B 
                                                              1 + 8.B 2) 
                                -----------------------  -------------------  ----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                     5.2%                                                            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 Directive           (Art 9 of Directive          (Art 10 of Directive 
                       2004/109/EC)           2004/109/EC)              2004/109/EC) (DTR5.1)             2004/109/EC) 
                         (DTR5.1)              (DTR5.2.1)                                                  (DTR5.2.1) 
                                         --------------------- 
                    1,570,000,000                                5.2% 
                   --------------------  ---------------------  -----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                    1,570,000,000                                            5.2% 
                   -------------------------------------------  ---------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration            Exercise/              Number of voting                     % of voting 
  financial          date(x)              Conversion              rights that may                      rights 
  instrument                              Period(xi)              be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   --------------------  ---------------------  -----------------------------------  --------------------- 
 
 
 
                                          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           Expiration             Exercise/              Physical or       Number of          % of voting 
  financial         date(x)               Conversion             cash               voting rights      rights 
  instrument                              Period (xi)            settlement(xii) 
                  ---------------------  ---------------------  ----------------  ----------------- 
 
 
 
                                                                 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                           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 
                          if it equals or               through financial          it equals or is 
                         is higher than the             instruments if it          higher than the 
                        notifiable threshold           equals or is higher       notifiable threshold 
                                                       than the 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   London, UK 
 Date of completion    17/09/2019 
                      ----------- 
 

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 08:18 ET (12:18 GMT)