2 Apr 2009 16:57
Egdon Resources plc
("Egdon Resources" or "Company")
Holding in Company
The Company was notified on 2 April 2009 that 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 Limited remains interested in 12,947,371 Ordinary Shares representing 17.1 per cent. of the issued voting capital of the Company. 8,685,000 of these Ordinary Shares are held for unit trusts operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis. The balance of the shares are held for discretionary clients of Hargreave Hale.
For further information please contact:
Egdon Resources plc
Mark Abbott Managing Director 01256 702292
Buchanan Communications
Ben Willey, Miranda Higham 020 7466 5000
Nominated Adviser and Broker - Seymour Pierce
Richard Redmayne, Jonathan Wright, Sarah Jacobs 020 7107 8000