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REG - Condor Gold PLC Intnl. Finance Corp - Holding(s) in Company <Origin Href="QuoteRef">CNDR.L</Origin> <Origin Href="QuoteRef">IFK.UL</Origin>

RNS Number : 2770A
Condor Gold PLC
06 June 2016

6 June2016

Condor Gold plc

("Condor Gold" or the "Company")

Holdings in Company

The Board of Condor Gold announces that the Company has received the following TR-1 notification which is set out below.

For further information please visit www.condorgold.com or contact:

Condor Gold plc

Mark Child, Executive Chairman and CEO

+44 (0) 20 7493 2784

Beaumont Cornish Limited

Numis Securities Limited

Roland Cornish and James Biddle

+44 (0) 20 7628 3396

John Prior and James Black
+44 (0) 20 72601000

Farm Street Media

Simon Robinson

+44 (0) 7593 340107

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

Condor Gold 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

x

An event changing the breakdown of voting rights


Other (please specify):

Agreement for a concerted exercise of voting rights


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

International Finance Corporation

IFC is an international organization established by Articles of Agreement among its member countries and as such, enjoys certain immunities, privileges and exemptions, including the freedom of all of its property and assets from restrictions, regulations, controls and moratoria of any nature. The voluntary provision by IFC of any of the information set forth in this document does not in any way constitute or imply a waiver, termination or modification by IFC of any privilege, immunity or exemption of IFC granted in the Articles of Agreement establishing IFC, international conventions, or applicable law.

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

N/A

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

May 27th, 2016

6. Date on which issuer notified:

May 27th, 2016

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

8%

8. Notified details:

A: Voting rights attached to sharesviii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect


3,900,000

3,900,000

4,500,000

4,500,000


8.5%


Ordinary Shares GB00B8225591


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Share warrants

Share warrants

0.60

1.44

Apr 14, 2018

Oct 30, 2018


400,000

1,950,000

Nominal

Delta

0.8%

3.7%

0.6%

2.0%


Total (A+B+C)

Number of voting rights

Percentage of voting rights

6,850,000

11.1%

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

N/A


Proxy Voting:

10. Name of the proxy holder:

N/A

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


N/A

14. Contact name:

Juan Jose Rossel

15. Contact telephone number:

+51 1 611 2520


This information is provided by RNS
The company news service from the London Stock Exchange
END
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