REG - Kavango Resources - Holding(s) in Company

Kavango ResourcesAnnouncement

01/11/2023 18:15

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RNS Number : 1103S  Kavango Resources PLC  01 November 2023

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BF0VMV24

Issuer Name

KAVANGO RESOURCES PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Purebond Limited

City of registered office (if applicable)

Wembley

Country of registered office (if applicable)

England

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

31-Oct-2023

6. Date on which Issuer notified

31-Oct-2023

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  52.467532                                             0.000000                                                                   52.467532                       685000000
 Position of previous notification (if applicable)                          26.609291                                             0.000000                                                                   26.609291

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)
 GB00BF0VMV24                                 685000000                                0                                            52.467532                           0.000000
 Sub Total 8.A                                685000000                                                                             52.467532 %

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

 Sub Total 8.B2

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

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

 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
 Solai Holdings Limited       Purebond Limited                52.467532                                                                                                                                               52.467532%

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

(1) Purebond Limited is a 100% Subsidiary of Solai Holdings Limited.

(2) 3 Named Directors of Solai Holdings Limited of which 2 are also Directors
of Purebond Limited are also Trustees of Solai Pension Scheme which has
0.076595% (1,000,000 Shares) Voting Rights in Kavango Plc.

12. Date of Completion

1-Nov-2023

13. Place Of Completion

London

 

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