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

Tower ResourcesAnnouncement

06/09/2014 02:01

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RNS Number : 1093J
Tower Resources PLC
09 June 2014 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi  
 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 
 
                                                                                                                                                                                                                             
 1. Identity of the issuer or the underlying issuer                                                                                                               Tower 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                                                                                                                         Rift Petroleum Group Holdings Limited                      
 notification obligation:iii                                                                                                                                                                                                 
 4. Full name of shareholder(s)                                                                                                                                   Same as above and Capita Trust Company Limited (Indirect)  
  (if different from 3.):iv                                                                                                                                                                                                  
 5. Date of the transaction and date on                                                                                                                           2-June-2014                                                
 which the threshold is crossed or                                                                                                                                                                                           
 reached:v                                                                                                                                                                                                                   
 6. Date on which issuer notified:                                                                                                                                6-June-2014                                                
 7. Threshold(s) that is/are crossed or                                                                                                                           9%                                                         
 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                                      
 Common StockISIN GB00B05KQ069                                                                      65,048,925                   340,048,925                                           60,048,925                60,048,925                                    335,048,925                 1.6%   8.9%  
                                                                                                    
                                                                                                    
 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  
 335,048,925                                                                                        8.9%                         
                                                                                                                                                                                                                                                                                                                          
 
 
 9. Chain of controlled undertakings through which the voting rights and/or the  
 financial instruments are effectively held, if applicable: xxi                  
                                                                                 
                                                                                 
 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:                                                               Venkat Siva    
 15. Contact telephone number:                                                   020 7016 5130  
                                                                                                  
 
 
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