Mithril Capital PLC Holding(s) in Company (0827J)
April 01 2015 - 2:00AM
UK Regulatory
TIDMMITH
RNS Number : 0827J
Mithril Capital PLC
01 April 2015
MITHRIL CAPITAL PLC
(the "Company")
NOTIFICATION OF MAJOR INTEREST IN SHARES
On 27 March 2015, Barnard Nominees Ltd acquired 1,150,000
Ordinary Shares of GBP0.01 each in the capital of Mithril Capital
Plc (LSE: MITH) on behalf of its discretionary clients. This
represents 0.9 per cent. of the issued share capital of the
Company.
Barnard Nominees Ltd's resultant interest in the Company has
therefore increased to 6,775,000, comprising:
1. 5,550,000 Ordinary Shares of GBP0.01 each (representing 4.34
per cent. of the issued share capital of the Company), held on
behalf of its discretionary clients; and
2. 1,225,000 Ordinary Shares of GBP0.01 each (representing 0.96
per cent, of the issued share capital of the Company), held in
execution only accounts.
Enquiries
Mithril Capital plc www.mithril-capital.com
Rodger Sargent, Peter Redmond & Tel: 020 7427 6538
Tom Pridmore
Peter Redmond, Company Secretary
Walbrook PR Ltd Tel: 020 7933 8787 or mithril@walbrookpr.com
Paul McManus Mob: 07980 541 893
About Mithril Capital Plc
The Company has been formed to undertake an acquisition of a
target company or business (the Acquisition). There is no specific
expected target value for the Acquisition and the Company expects
that any funds not used for the Acquisition will be used for future
acquisitions, internal or external growth and expansion, and
working capital in relation to the acquired company or
business.
Following completion of the Acquisition, the objective of the
Company will be to operate the acquired business and implement an
operating strategy with a view to generating value for its
shareholders through operational improvements as well as
potentially through additional complementary acquisitions following
the Acquisition. Following the Acquisition, the Company intends to
seek re-admission of the enlarged group to listing on the Official
List and trading on the London Stock Exchange or admission to
another stock exchange.
The Company's efforts in identifying a prospective target
company or business will be focused on the natural resources sector
but will not be limited to a particular industry or geographic
region. The founders and the board have extensive experience in
sourcing and executing transactions in numerous sectors. Generally
the Company would prefer to acquire a business with above average
growth prospects.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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