REG - Alba Mineral Resrcs. - Investee Company Update: GreenRoc Mining plc

Alba Mineral ResourcesAnnouncement

19/08/2022 16:00

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RNS Number : 6665W  Alba Mineral Resources PLC  19 August 2022

19 August 2022

Alba Mineral Resources plc

("Alba" or the "Company")

 

Investee Company Update: GreenRoc Mining plc

Alba Mineral Resources plc (AIM: ALBA) notes the announcement today by its
portfolio company, GreenRoc Mining plc ("GreenRoc") (AIM: GROC).  Alba holds
a 54% majority interest in GreenRoc. The announcement is set out below without
material changes.

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BLD3C518

Issuer Name

GREENROC MINING PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Monecor (London) Ltd Trading as ETX Capital

City of registered office (if applicable)

 

Country of registered office (if applicable)

GB

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

17-Aug-2022

6. Date on which Issuer notified

18-Aug-2022

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  3.822000                                              1.142000                                                                   4.964000                        5519500
 Position of previous notification (if applicable)                          3.822000                                              1.316000                                                                   5.138000

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB00BLD3C518                                 4250000                                                                               3.822000
 Sub Total 8.A                                4250000                                                                               3.822000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights
 CFD                           30/11/2023                                   Cash                         1269500                  1.142000
 Sub Total 8.B2                                                                                          1269500                  1.142000%

9. Information in relation to the person subject to the notification
obligation

1. Person subject to the notification obligation is not controlled 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.

 Ultimate controlling person  Name of controlled undertaking  % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                          than the notifiable threshold

10. In case of proxy voting

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

 

12. Date of Completion

18/08/2022

13. Place Of Completion

London

**ENDS** 

 

For further information, please visit www.albamineralresources.com
(http://www.albamineralresources.com/)  or contact: 

 

Alba Mineral Resources plc 

George Frangeskides,

Executive
Chairman                                                           +44
20 3950 0725  

 

SPARK Advisory Partners Limited (Nomad)  

Andrew
Emmott                                                                 +44
20 3368 3555  

 

OvalX (Broker) 

Thomas
Smith
+44 20 7392 1494 

 

St Brides Partners (Financial PR) 

Isabel de Salis / Catherine
Leftley                                                             alba@stbridespartners.co.uk 

 

Alba's Projects and Investments 

 Mining Projects Operated by Alba        Location        Ownership 
 Clogau (gold)                           Wales           90% 
 Dolgellau Gold Exploration (gold)       Wales           90-100% 
 Gwynfynydd (gold)                       Wales           100% 
 Limerick (zinc-lead)                    Ireland         100% 
 Investments Held by Alba                Location        Ownership 
 GreenRoc Mining Plc (mining)            Greenland       54% 
 Horse Hill (oil)                        England         11.765% 

 

 

 

 

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