TIDMAAU

RNS Number : 3066L

Ariana Resources PLC

11 January 2021

11 January 2021

AIM: AAU

Holdings in Company

Ariana Resources plc ("Ariana" or "the Company"), the exploration and development company operating in Europe, announces that it has received the following TR-1 which is set out without amendment below:

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 1. Identity of the issuer or the underlying                          ARIANA RESOURCES 
  issuer 
  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                                Stephen John Bingham 
  to the 
  notification obligation: (iii) 
                                              ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
                                              ---------------------------------------- 
 5. Date of the transaction and                                         8 January 2021 
  date on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                              ---------------------------------------- 
 6. Date on which issuer notified:                                      8 January 2021 
                                              ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                3% 
                                              ---------------------------------------- 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 Class/type   Situation previous                  Resulting situation after the triggering 
 of            to the triggering                   transaction 
 shares        transaction 
 
 if 
 possible 
 using 
 the ISIN 
 CODE 
             ----------------------------------  ---------------------------------------------------------------------- 
              Number             Number           Number         Number of voting          % of voting rights 
               of                 of               of shares      rights                    (x) 
               Shares             Voting 
                                  Rights 
             -----------------  ---------------  -------------  ------------------------  ----------------------------- 
                                                  Direct         Direct        Indirect    Direct         Indirect 
                                                                  (xi)          (xii) 
               -----  --------  -------  ------  -------------  ------------  ----------  -------------  -------------- 
 Ordinary     32270322                            32520322                                 3.023% 
             -----------------  ---------------  -------------  ------------  ----------  -------------  -------------- 
 
 
 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            rights that may              rights 
                                           (xiv)                        be 
                                                                        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        Exercise         Expiration       Exercise/      Number of voting              % of voting 
 financial       price            date             Conversion     rights instrument             rights (xix, 
 instrument                       (xvii)           period         refers to                     xx) 
                                                   (xviii) 
               ---------------  ---------------  -------------  ----------------------------  ------------------------- 
                                                                                               Nominal       Delta 
               ---------------  ---------------  -------------  ----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
 Number of voting rights                                       Percentage of voting rights 
                                                              --------------------------------------------------------- 
 32270322                                                      3.023% 
                                                              --------------------------------------------------------- 
 
 
 
 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:                                            N/A 
 14. Contact name:                                      Stephen John Bingham 
                                       ------------------------------------- 
 15. Contact telephone number: 
                                       ------------------------------------- 
 
 

Contacts:

 
 Ariana Resources plc                 Tel: +44 (0) 20 7407 
                                       3616 
 Michael de Villiers, Chairman 
 Kerim Sener, Managing Director 
 
 Beaumont Cornish Limited             Tel: +44 (0) 20 7628 
                                       3396 
 Roland Cornish / Felicity Geidt 
 
 Panmure Gordon (UK) Limited          Tel: +44 (0) 20 7886 
                                       2500 
 Atholl Tweedie / James Stearns 
 
 Yellow Jersey PR Limited             Tel: +44 (0) 20 3004 
                                       9512 
 Dom Barretto / Joe Burgess / Henry   arianaresources@yellowjerseypr.com 
  Wilkinson 
 

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END

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January 11, 2021 12:14 ET (17:14 GMT)

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