TIDMMTR

RNS Number : 5157U

Metal Tiger PLC

29 March 2019

TR-1: Standard 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                                          Metal Tiger 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                                                         Sprott Inc. 
 City and country of registered office                        Toronto (Ontario), Canada 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name                                                         Exploration Capital Partners 2014 
                                                               LP 
                                                             --------------------------------------------- 
 City and country of registered office                        Carlsbad (California), United States 
  (if applicable) 
                                                             --------------------------------------------- 
 Name                                                         Sprott Asset Management USA Inc. 
                                                             --------------------------------------------- 
 City and country of registered office                        Carlsbad (California), United States 
  (if applicable) 
                                                             --------------------------------------------- 
 Name                                                         Sprott Global Resource Investments 
                                                               Ltd. 
                                                             --------------------------------------------- 
 City and country of registered office                        Carlsbad (California), United States 
  (if applicable) 
                                                             --------------------------------------------- 
 5. Date on which the threshold was                           15 March 2019 
  crossed or reached(vi) : 
                                                             --------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               29 March 2019 
                                                             --------------------------------------------- 
 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               16.25%              N/A                     16.25%          1,557,128,962 
                          ------------------  ----------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              12.94%              N/A                     12.94% 
                          ------------------  ----------------------  --------------  -------------------- 
 
 
 
 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(ix)                              % of voting rights 
  shares 
  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) 
                                             ----------------------------- 
 GB0030493232       252,975,226                                              16.25% 
                   ------------------------  -----------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A      252,975,226                                              16.25% 
                   -------------------------------------------------------  ------------------------------------------------ 
 
 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(x)      Conversion Period(xi)                rights that may                   rights 
  instrument                                                           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                          X 
  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 
                           ----------------------  ---------------------  ------------------------ 
 Sprott Inc.                16.25%                  N/A                    16.25% 
                           ----------------------  ---------------------  ------------------------ 
 Resource Capital 
  Investment 
  Corporation 
  (as investment 
  manager 
  of Exploration 
  Capital 
  Partners 2014 LP)         13.25%                  N/A                    13.25% 
                           ----------------------  ---------------------  ------------------------ 
 Exploration Capital 
  Partners 2014 LP          13.25%                  N/A                    13.25% 
                           ----------------------  ---------------------  ------------------------ 
 
 Sprott Inc.                16.25%                  N/A                    16.25% 
                           ----------------------  ---------------------  ------------------------ 
 Sprott Asset Management    Less than 3%            N/A                    Less than 3% 
  USA Inc. 
                           ----------------------  ---------------------  ------------------------ 
 
 Sprott Inc.                16.25%                  N/A                    16.25% 
                           ----------------------  ---------------------  ------------------------ 
 Sprott Global Resource     Less than 3%            N/A                    Less than 3% 
  Investments Ltd. 
                           ----------------------  ---------------------  ------------------------ 
 
 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   London, United Kingdom 
 Date of completion    29 March 2019 
                      ----------------------- 
 

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END

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