2 Apr 2009 16:57
ļ»æ
Egdon Resources plc
("Egdon Resources" or "Company")
Holding in Company
The Company was notified onĀ 2 April 2009Ā thatĀ as a result of the issue of 6,861,434 ordinary shares by Egdon Resources in consideration for the acquisition of YCI Resources Limited, Hargreave Hale Limited now holds 17.1 per cent. of the issued voting capital of the Company.
Hargreave Hale LimitedĀ remainsĀ interested inĀ 12,947,371Ā Ordinary Shares representingĀ 17.1Ā per cent. of the issued voting capital of the Company.Ā 8,685,000Ā of these Ordinary SharesĀ areĀ heldĀ for unit trustsĀ operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis. TheĀ balance of the shares are held forĀ discretionary clients of Hargreave Hale.
For further information please contact:
Egdon Resources plc
Mark AbbottĀ Managing Director 01256 702292
Buchanan Communications
Ben Willey, Miranda Higham 020 7466 5000
Nominated Adviser and Broker -Ā SeymourĀ Pierce
Richard Redmayne, Jonathan Wright, Sarah Jacobs 020 7107 8000