16 Dec 2014 13:30
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Beacon Hill Resources plc | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | ||||
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 | X | |||
Other (please specify): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | Henderson Global Investors | |||
4. Full name of shareholder(s) (if different from 3.):iv | Henderson Global Investors Darwin Strategic Limited | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 15 December 2014 | |||
6. Date on which issuer notified: | 16 December 2014 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | Below 23%, 22% & 21% (please refer to section 13) | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
Ordinary | 127,775,205 | 127,775,205 | 127,775,205 | 2.79% | ||||||||||||
GB00B4WM8G33 | ||||||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
Warrants Warrants Warrants Warrants Warrants Warrants |
GBP0.001 GBP0.001 GBP0.001 GBP0.001 GBP0.0035 GBP0.0035 |
23/06/2017 26/06/2017 30/06/2017 28/07/2017 01/10/2017 15/09/2017 |
99,999,999 121,123,526 138,035,566 40,840,808 250,000,000 175,000,000
| Nominal | Delta | |||||||||||
2.18% 2.64% 3.01% 0.89% 5.45% 3.82% | ||||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
952,775,104 | 20.80% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Henderson Global Investors holds 549,999,900 non-dilution warrants, referencing 12.00% voting rights.
Darwin Strategic Limited holds 274,999,999 non-dilution warrants and 127,775,205 ordinary shares, referencing 8.79% voting rights.
Darwin Strategic Limited is an investment held by funds managed by Henderson Global Investors. Accordingly, Darwin Strategic Limited is a company in which Henderson Global Investors is deemed to have a controlling interest for the purpose of FCA DTR disclosure reporting.
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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: | Henderson Global Investors' warrant holding provides access to voting rights yet to be issued. | |
14. Contact name: | Scott Dickenson | |
15. Contact telephone number: | 020 7818 4184 | |