TIDMGLR

RNS Number : 0752D

Galileo Resources PLC

23 October 2020

23 October 2020

Galileo Resources Plc

("Galileo" or "the Company")

Holdings in Company

The Company has received a TR-1 which is set out, without amendment, below

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                         Galileo Resources Plc 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                         --------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                ------------------ 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                             x 
                                                                                                ------------------ 
 An acquisition or disposal of financial instruments 
                                                                                                ------------------ 
 An event changing the breakdown of voting rights 
                                                                                                ------------------ 
 Other (please specify)(iii) : 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                     Christian Cordier 
 City and country of registered office                    Australia 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name 
 
  Tonehill Pty Ltd aft The Tonehill 
  Trust 21,667,794 shares 
 
  Coreks Super Pty Ltd aft Coreks Superannuation 
  Fund 3,500,000 shares 
 
  Breamline Pty Ltd aft Breamline Ministries 
  3,500,000 shares 
                                                         --------------------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                         --------------------------------------------------------- 
 5. Date on which the threshold was                       22 October 2020 
  crossed or reached (vi) : 
                                                         --------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):           22 October 2020 
                                                         --------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                                      % of voting         % of voting rights    Total of both    Total number 
                                    rights attached       through financial      in % (8.A +      of voting rights 
                                    to shares (total         instruments             8.B)         of issuer (vii) 
                                        of 8. A)            (total of 8.B 
                                                              1 + 8.B 2) 
                               ------------------------  -------------------  ----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                    3.51%                                          3.51%             28,667,794 
                               ------------------------  -------------------  ----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable) 
                               ------------------------  -------------------  ----------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights                      % of voting rights 
  shares             (ix) 
  ISIN code (if 
  possible) 
                          Direct                Indirect                      Direct                       Indirect 
                    (Art 9 of Directive   (Art 10 of Directive          (Art 9 of Directive          (Art 10 of Directive 
                       2004/109/EC)           2004/109/EC)             2004/109/EC) (DTR5.1)             2004/109/EC) 
                         (DTR5.1)              (DTR5.2.1)                                                 (DTR5.2.1) 
                                         --------------------- 
 GB00B115T142                             28,677,794                                                 3.51% 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                      28,677,794                                            3.51% 
                   -------------------------------------------  --------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration            Exercise/              Number of voting                    % of voting 
  financial          date                  Conversion Period      rights that may                     rights 
  instrument         (x)                   (xi)                   be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 
                                          SUBTOTAL 8. B 1 
                                         ---------------------  ----------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of           Expiration             Exercise/              Physical or      Number of          % of voting 
  financial         date (x)              Conversion              cash             voting rights      rights 
  instrument                              Period (xi)             settlement 
                                                                  (xii) 
                  ---------------------  ---------------------  ---------------  ----------------- 
 
 
 
                                                                 SUBTOTAL 8.B.2 
                                                                ---------------  ----------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer (xiii) 
 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 entity (xiv) (please add additional 
  rows as necessary) 
            Name (xv)               % of voting rights      % of voting rights      Total of both if 
                                      if it equals or        through financial       it equals or is 
                                     is higher than the      instruments if it       higher than the 
                                    notifiable threshold    equals or is higher   notifiable threshold 
                                                            than the notifiable 
                                                                 threshold 
                                  ----------------------  ---------------------  ---------------------- 
 Christian Cordier                 2.652%                                         2.652% 
  as Director for: 
 
  Tonehill Pty Ltd 
  aft The Tonehill                  0.428%                                         0.428% 
  Trust 21,667,794 
 
  Coreks Super Pty 
  Ltd aft Coreks Superannuation     0.428%                                         0.428% 
  Fund 3,500,000 shares 
 
  Breamline Pty Ltd 
  aft Breamline Ministries 
  3,500,000 shares 
                                  ----------------------  ---------------------  ---------------------- 
 Total                             3.51%                                          3.51% 
                                  ----------------------  ---------------------  ---------------------- 
 
 
 
 
 10. In case of proxy voting, please identify: 
 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 (xvi) 
 
 
 
 
 Place of completion   Australia 
 Date of completion    22 October 2020 
                      ---------------- 
 

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                         Galileo Resources Plc 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                         --------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                ------------------ 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                             x 
                                                                                                ------------------ 
 An acquisition or disposal of financial instruments 
                                                                                                ------------------ 
 An event changing the breakdown of voting rights 
                                                                                                ------------------ 
 Other (please specify)(iii) : 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                     M & A Wealth (Pty) Ltd 
 City and country of registered office                    Botswana 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                     Modisana Botsile 
                                                         --------------------------------------------------------- 
 City and country of registered office                    Gaborone, Botswana 
  (if applicable) 
                                                         --------------------------------------------------------- 
 5. Date on which the threshold was                       22 October 2020 
  crossed or reached (vi) : 
                                                         --------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):           22 October 2020 
                                                         --------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                                      % of voting         % of voting rights    Total of both    Total number 
                                     rights attached      through financial      in % (8.A +      of voting rights 
                                    to shares (total         instruments             8.B)         of issuer (vii) 
                                        of 8. A)            (total of 8.B 
                                                              1 + 8.B 2) 
                                -----------------------  -------------------  ----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                     3.97%                                         3.97%             32,445,284 
                                -----------------------  -------------------  ----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable) 
                                -----------------------  -------------------  ----------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights                      % of voting rights 
  shares             (ix) 
  ISIN code (if 
  possible) 
                          Direct                Indirect                      Direct                       Indirect 
                    (Art 9 of Directive   (Art 10 of Directive          (Art 9 of Directive          (Art 10 of Directive 
                       2004/109/EC)           2004/109/EC)             2004/109/EC) (DTR5.1)             2004/109/EC) 
                         (DTR5.1)              (DTR5.2.1)                                                 (DTR5.2.1) 
                                         --------------------- 
 GB00B115T142       32,445,284                                   3.97% 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                      32,445,284                                            3.97% 
                   -------------------------------------------  --------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration            Exercise/              Number of voting                    % of voting 
  financial          date                  Conversion Period      rights that may                     rights 
  instrument         (x)                   (xi)                   be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 
                                          SUBTOTAL 8. B 1 
                                         ---------------------  ----------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of           Expiration             Exercise/              Physical or      Number of          % of voting 
  financial         date (x)              Conversion              cash             voting rights      rights 
  instrument                              Period (xi)             settlement 
                                                                  (xii) 
                  ---------------------  ---------------------  ---------------  ----------------- 
 
 
 
                                                                 SUBTOTAL 8.B.2 
                                                                ---------------  ----------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer (xiii) 
 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 entity (xiv) (please add additional 
  rows as necessary) 
       Name (xv)             % of voting rights          % of voting rights        Total of both if 
                               if it equals or            through financial         it equals or is 
                              is higher than the          instruments if it         higher than the 
                             notifiable threshold        equals or is higher     notifiable threshold 
                                                         than the notifiable 
                                                              threshold 
                         --------------------------  -------------------------  ---------------------- 
 Modisana Botsile 
  as a Director of 
  M&A Wealth (Pty) 
  Ltd                     3.97%                                                  3.97% 
                         --------------------------  -------------------------  ---------------------- 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 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 (xvi) 
 
 
 
 
 Place of completion   Australia 
 Date of completion    22 October 2020 
                      ---------------- 
 

Further AIM and other Disclosures

In addition to the above, the Company has also been notified the Mr Stuart James Packwood no longer holds a notifiable interest in the Company.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

You can also follow Galileo on Twitter: @GalileoResource

For further information, please contact: Galileo Resources PLC

 
 Colin Bird, Chairman                   Tel +44 (0) 20 7581 
  Edward Slowey, Executive Director      4477 
                                         Tel +353 (0) 601 4466 
 Beaumont Cornish Limited - Nomad       Tel +44 (0) 20 7628 
  Roland Cornish/James Biddle            3396 
                                      ------------------------ 
 Novum Securities Limited - Joint 
  Broker 
  Colin Rowbury /Jon Belliss            +44 (0) 20 7399 9400 
                                      ------------------------ 
 Shard Capital Partners LLP -           Tel +44 (0) 20 7186 
  J oint Broker                          9952 
  Damon Heath 
                                      ------------------------ 
 

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October 23, 2020 06:41 ET (10:41 GMT)

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