Holdings in Company

31 December 2015

AIM: AAU

 

 

HOLDINGS IN COMPANY

 

The Board of Ariana Resources plc announces that the Company today received the following TR-1 notification which is set out below without amendment.

 

Contacts:

 

 

Ariana Resources plc

Tel: +44 (0) 20 7407 3616

 

 

Michael de Villiers, Chairman

 

 

 

Kerim Sener, Managing Director

 

 

 

 

 

 

 

Beaumont Cornish Limited

Tel: +44 (0) 20 7628 3396

 

 

Roland Cornish / Felicity Geidt

 

 

 

 

 

 

 

Beaufort Securities Limited

Tel: +44 (0) 20 7382 8300

 

 

Jon Belliss

 

 

 

 

 

 

 

Loeb Aron & Company Ltd.

Tel: +44 (0) 20 7628 1128

 

 

John Beresford-Peirse / Dr. Frank Lucas

 

 

 

 

IFC Advisory

Tim Metcalfe

Graham Herring

Heather Armstrong

 

Tel: +44 (0) 20 3053 8671

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

 

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:

Ariana Resources Plc

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

x

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

 

Other (please specify):

  

 

3. Full name of person(s) subject to the
notification obligation:

Lanstead Capital LP

4. Full name of shareholder(s)
(if different from 3.):

 

5. Date of the transaction and date on
which the threshold is crossed or
reached:

30 December 2015

6. Date on which issuer notified:

            30 December 2015

7. Threshold(s) that is/are crossed or
reached:

12%, 11%, 10%, 9%, 8%


8. Notified details:

A: Voting rights attached to shares

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of   voting rights

Direct

Direct

Indirect

Direct

Indirect

GB00B085SD50

101,097,131

101,097,131

59,835,468

59,835,468

 

7.46%

 

                           

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

N/A

 

 

 

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

 

% of voting rights

 

N/A

 

 

 

 

 

Nominal

Delta

 

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

59,835,468

7.46%

                       

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

N/A

 

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:

Lisa De Vargas, Lanstead Partners Limited

15. Contact telephone number:

+1 (801) 895-3700