REG - Red Rock Resources - Holding(s) in Company <Origin Href="QuoteRef">RRR.L</Origin>
RNS Number : 6235IRed Rock Resources plc26 March 2015Red Rock Resources Plc
("Red Rock" or the "Company")
Holding(s) in Company
26 March 2015
Red Rock Resources Plc, the mining and exploration company with gold interests in Colombia, Kenya, and Ivory Coast, has been notified of the following shareholding in the Company:
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: ii
Red Rock Resources 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
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii
MG Partners II, Ltd.
4. Full name of shareholder(s)
(if different from 3.): iv
5. Date of the transaction and date on which the threshold is crossed or reached: v
23/03/2015
6. Date on which issuer notified:
23/03/2015
7. Threshold(s) that is/are crossed or
reached: vi, vii
4%
8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares
if possible using
the ISIN CODESituation previous
to the triggering
transactionResulting situation after the triggering transaction
Number
of
SharesNumber
of
Voting
RightsNumber
of sharesNumber of voting
rights% of voting rightsx
Direct
Directxi
Indirectxii
Direct
Indirect
GB00B0CQLF79
0
0
200,000,000
200,000,000
0
4.7395%
0
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrumentExpiration
datexiiiExercise/
Conversion
PeriodxivNumber of voting
rights that may be
acquired if the
instrument is
exercised/ converted.% of voting
rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instrumentsxv, xvi
Resulting situation after the triggering transaction
Type of financial
instrumentExercise
priceExpiration
datexviiExercise/
Conversion
periodxviiiNumber of voting
rights instrument
refers to% of voting rightsxix, xx
Nominal
Delta
Total (A+B+C)
Number of voting rights
Percentage of voting rights
200,000,000
4.7395%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:xxiOn 23/03/2015 MG Partners II, Ltd elected to convert a portion of its convertible note into shares of Common Stock resulting in the ownership of 200,000,000 Common Shares owned by MG Partners II, Ltd.
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:
None
14. Contact name:
Joshua Sason
15. Contact telephone number:
+1 347 491 4240
For further information, please contact:
Andrew Bell 0207 747 9990 or 0776 647 4849 Chairman Red Rock Resources Plc
Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396NOMAD Beaumont Cornish Limited
Jason Robertson 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd
Christian Pickel 0203 128 8208 Media Relations MHP Communications
This information is provided by RNSThe company news service from the London Stock ExchangeENDHOLEAXDKAEDSEFF
Recent news on Red Rock Resources
See all newsREG - Red Rock Resources - Issue of Equity
AnnouncementRCS - Red Rock Resources - DRC and Gold Assets Update
AnnouncementREG - Red Rock Resources - Half-year Report
AnnouncementREG - Red Rock Resources - Conditional agreement, Australian gold subsidiary
AnnouncementRCS - Red Rock Resources - DRC and Gold Assets Update
Announcement