REG - GCM Resources PLC - Holding(s) in Company <Origin Href="QuoteRef">GCM.L</Origin>

GCM ResourcesAnnouncement

06/09/2014 02:01

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RNS Number : 1040J
GCM Resources PLC
09 June 2014 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                                                                                                  
                                                                                                                                                                                                                 
 1. Identity of the issuer or the underlying issuer                                                                                                               GCM Resources plc                              
 of existing shares to which voting rights are                                                                                                                                                                   
 attached:ii                                                                                                                                                                                                     
 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                                                                                                                         Richard Griffiths and controlled undertakings  
 notification obligation:iii                                                                                                                                                                                     
 4. Full name of shareholder(s)                                                                                                                                                                                  
  (if different from 3.):iv                                                                                                                                                                                      
 5. Date of the transaction and date on                                                                                                                           02 June 2014                                   
 which the threshold is crossed or                                                                                                                                                                               
 reached:v                                                                                                                                                                                                       
 6. Date on which issuer notified:                                                                                                                                06 June 2014                                   
 7. Threshold(s) that is/are crossed or                                                                                                                           6%                                             
 reached: vi, vii                                                                                                                                                                                                
                                                                                                                                                                                                                       
 
 
 8. Notified details:                                                                               
 A: Voting rights attached to sharesviii, ix                                                        
 Class/type of                                                                                      Situation previous           Resulting situation after the triggering transaction  
 shares                                                                                             to the triggering                                                                  
 if possible using                                                                                  transaction                                                                        
 the ISIN CODE                                                                                                                                                                         
 Number                                                                                             Number                       Number                                                Number of voting          % of  voting rights x                         
 of                                                                                                 of                           of shares                                             rights                                                                  
 Shares                                                                                             Voting                                                                                                                                                     
                                                                                                    Rights                                                                                                                                                     
 Direct                                                                                             Direct xi                    Indirect xii                                          Direct                    Indirect                                      
 Ordinary sharesGB00B00KV284                                                                        3,235,020                    3,235,020                                             3,910,000                 3,910,000                                                                 6.22%    
 Ordinary 10p                                                                                       
                                                                                                    
 B: Qualifying Financial Instruments                                                                
 Resulting situation after the triggering transaction                                               
 Type of financial                                                                                  Expiration                   Exercise/                                             Number of voting          % of voting                                   
 instrument                                                                                         date xiii                    Conversion Period xiv                                 rights that may be        rights                                        
                                                                                                                                                                                       acquired if the                                                         
                                                                                                                                                                                       instrument is                                                           
                                                                                                                                                                                       exercised/ converted.                                                   
                                                                                                                                                                                                                                                               
                                                                                                    
 C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi  
 Resulting situation after the triggering transaction                                               
 Type of financial                                                                                  Exercise price               Expiration date xvii                                  Exercise/                 Number of voting rights instrument refers to  % of voting rights xix, xx  
 instrument                                                                                                                                                                            Conversion period xviii                                                                             
                                                                                                                                                                                                                                                               Nominal                     Delta  
                                                                                                                                 
                                                                                                    
 Total (A+B+C)                                                                                      
 Number of voting rights                                                                            Percentage of voting rights  
 3,910,000                                                                                          6.22%                        
                                                                                                                                                                                                                                                                                                                      
 
 
 9. Chain of controlled undertakings through which the voting rights and/or the                                                                                                                   
 financial instruments are effectively held, if applicable: xxi                                                                                                                                   
 Seren Capital Management Limited 3,270,000 Cream Capital Limited 540,000 Richard Griffiths direct holdings 100,000 Total  3,910,000  The above undertakings are controlled by Richard Griffiths  
                                                                                                                                                                                                  
 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:                                                                                                                                                                                Mike Bretherton  
 15. Contact telephone number:                                                                                                                                                                    01481 738724     
                                                                                                                                                                                                                     
 
 
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: 
 
Mike Bretherton 
 
15. Contact telephone number: 
 
01481 738724 
 
This information is provided by RNS
The company news service from the London Stock Exchange