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Polo Res. Regulatory News (POL)

Regulatory News for Polo Res. (POL)

Share Price: 23.25

Bid: 22.75

Ask: 23.75

Change: -0.75 (-3.13%)

Spread: 1.00

Spread as %: 4.40%

Open: 24.50

High: 24.50

Low: 22.298

Yesterday’s Close: 24.00

POL Share News

POL ShareCast

POL Regulatory

Holding(s) in Company

Wed, 7th Mar 2012 07:00

RNS Number : 8328Y

Polo Resources Limited

07 March 2012

For filings with the FSA include the annex

For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Polo Resources, LTD

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

YES

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):______________

3. Full name of person(s) subject to notification obligation:

Ingalls & Snyder LLC ("I&S") and Ingalls & Snyder Value Partners LP ("ISVP").

4. Full name of shareholder(s) (if different from 3):

I&S, on behalf of its clients, has dispositive authority over (i.e. the power and authorisation to sell at I&S's discretion) 118,439,950 shares. In respect of 114,839,950 of such 118,439,950 shares ISVP (as beneficial owner) shares dispositive authority with I&S and has voting authority. Therefore, in respect of the 114,839,950 shares beneficially held by ISVP, I&S has, and ISVP shares, dispositive authority and ISVP has voting authority.

5. Date of transaction (and date on which the threshold is crossed or reached if different):

March 5, 2012

6. Date on which issuer notified:

March 6, 2012

7. Threshold(s) that is/are crossed or reached:

Interest in excess of 5% of issued share capital.

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
Ordinary Shares ISIN VGG6844A1075	111,439,950	-	118,439,950	See note 4 above. I&S has dispositive authority over 118,439,950 shares and ISVP has voting authority and shares dispositive authority in respect of 114,839,950 of such shares.	-	5.16% (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights).	-

B: Financial Instruments N/A
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

118,439,950 (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights.)

5.16% (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights).

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

N/A

Proxy Voting:

10. Name of proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

14 Contact name:

Frank Stolba

15. Contact telephone name:

(001) (212) 269 7814

For notes on how to complete form TR-1 please see the FSA website.

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEAADKEEAAEAF

Related Shares: Polo Resources Ltd. (DI) (POL).

Date	Source	Headline	Category
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24-Apr-13 08:44	RNS	Update on Nimini gold project in Sierra Leone	Company Announcement - General
05-Apr-13 14:30	RNS	Listing on Bermuda Stock Exchange, TSX delisting	Company Announcement - General
02-Apr-13 07:00	RNS	Directorate Change	Executive Changes
28-Mar-13 12:35	RNS	Directorate Change	Executive Changes
15-Mar-13 16:23	RNS	Director and mgmt options following consolidation	Company Announcement - General
15-Mar-13 07:00	RNS	Update on Nimini gold project in Sierra Leone	Company Announcement - General
13-Mar-13 07:00	RNS	Half Yearly Report	Results and Trading Reports
27-Feb-13 16:35	RNS	Price Monitoring Extension	Company Announcement - General
07-Feb-13 09:04	RNS	Total Voting Rights	Holding(s) in Company
31-Jan-13 17:50	RNS	Share Consolidation	Company Announcement - General
30-Jan-13 09:37	RNS	Result of AGM	Results and Trading Reports
22-Jan-13 14:54	RNS	Update on GCM holding	Company Announcement - General
10-Jan-13 07:00	RNS	Holding(s) in Company	Holding(s) in Company
10-Jan-13 07:00	RNS	Nimini update on Komahun gold project	Company Announcement - General
08-Jan-13 07:00	RNS	Addendum to AGM Notice	Company Announcement - General
04-Jan-13 07:00	RNS	Total Voting Rights	Holding(s) in Company
27-Dec-12 13:33	RNS	Replacement - Acquisition of shares in Signet	Company Announcement - General
27-Dec-12 07:00	RNS	Further acquisition of shares in Signet Petroleum	Company Announcement - General
21-Dec-12 16:44	RNS	Acquisition of shares in Signet Petroleum Ltd	Company Announcement - General
21-Dec-12 07:00	RNS	Posting of Annual Report and Accounts	Results and Trading Reports
12-Dec-12 07:00	RNS	Polo offers to acquire further interest in Signet	Company Announcement - General
10-Dec-12 07:00	RNS	Signet Petroleum Operations Update	Company Announcement - General
07-Dec-12 16:40	RNS	Second Price Monitoring Extn	Company Announcement - General
07-Dec-12 16:35	RNS	Price Monitoring Extension	Company Announcement - General
07-Dec-12 13:05	RNS	Notice of AGM	Results and Trading Reports
07-Dec-12 12:12	RNS	Final Results	Results and Trading Reports
05-Dec-12 07:00	RNS	Nimini drilling results and exploration update	Results and Trading Reports
26-Nov-12 07:00	RNS	Nimini Awarded Mining Licence in Sierra Leone	Company Announcement - General

Regulatory news is displayed end of day, each day at 19:00.

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