REG-Goldbridges Gbl Res Holding(s) in Company <Origin Href="QuoteRef">GBGR.L</Origin>

AltyngoldAnnouncement

21/06/2016 11:35

      Holding(s) in Company    
For filings with the FCA include the annex
                  
For filings with issuer exclude the annex
                  
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:
          Goldbridges Global Resources Plc        
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        
                  
          Other (please specify):        
                  
          Reporting aggregated control by Kairos Investment Management Limited           (KIML) of the funds specified below. Report being made consequent           to management of Kairos International Sicav  Key being           transferred to manager on 30 May 2016.        
          x        
3. Full name of person(s) subject to the
notification           obligation:
                  
          Kairos Investment Management Limited        
4. Full name of shareholder(s)
(if different from 3.):        
          See number 3        
5. Date of the transaction and date on
which the           threshold is crossed or
reached:
          30/05/2016        
6. Date on which issuer notified:
          17/06/2016        
7. Threshold(s) that is/are crossed or
reached:
          5%        
8. Notified details:
                  
                  
A: Voting rights attached to shares
Class/type of
shares

            Nominal value of 0.1 pence          
                      
            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
          ISIN:- GB00B015PT76        
          0        
          0        
          750,000        
          750,000        
                  
          0.032%        
                  
                  
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        
          N/A        
          N/A        
          N/A        
          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,
                      
                      
            Contract for Difference          
                      
                      
                      
                      
                      
            Contract for Difference          
                      
                      
            N/A          
                      
                      
                      
                      
                      
            N/A          
                      
                      
            15 January 2026
                      
                      
                      
            6 July 2018          
                  
                      
                      
            60,029,897          
                      
                      
                      
                      
                      
            65,900,000          
Nominal
                  
                  
                  
Delta
            2.571%          
                      
                      
                      
                      
                      
            2.823%          
                  
                      
Total (A+B+C)
Number of voting rights
                  
                  
                  
                  
          126,679,897        
          5.43%        
9. Chain of controlled undertakings through which the voting           rights and/or the
financial instruments are effectively           held, if applicable:
                  
                  
            Kairos Investment Management Limited (KIML) manages             Kairos Pegasus Fund Limited (KPFL) and on 30 May 2016,             management of Kairos International Sicav  Key (KISK)             was transferred to KIML.          

            KPFL has an interest in 60,029,897 voting rights in Goldbridges             Global Resources Plc (the Company) pursuant to a contract             for difference that expires on 15 January 2026. KISK holds 750,000             shares in the Company and has a further interest in 65,900,000             voting rights in the Company pursuant to a contract for difference             that expires on 6 July 2018. The transfer of management of KISK to             KIML meant that the aggregate % of voting rights under management             by KIML exceeded the 5% threshold. It is our understanding that             the total voting shares outstanding of the Company is             2,334,342,130 bringing KIMLs aggregate interest in voting rights             to 5.43%.          
                  
Proxy Voting:
10. Name of the proxy holder:
                  
                  
                  
          Kairos Investment Management Limited        
11. Number of voting rights proxy holder will cease
to           hold:
          N/A        
12. Date on which proxy holder will cease to hold
voting           rights:
          N/A        
                  

13. Additional information:
                  
                  
                  
            None.          
14. Contact name:
Matthew Rae
15. Contact telephone number:
020 7398 3036
View source version on businesswire.com: http://www.businesswire.com/news/home/20160621005781/en/
      Goldbridges Gbl Res