11 May 2017 12:55
11 May 2017
LEI: 2138005OJKGWG3X4SY51
GLOBAL RESOURCES INVESTMENT TRUST PLC
("GRIT" or the "Company")
TR1
On 25 April 2017 the Company announced that Philip J Milton's holding in the ordinary shares of the Company had increased to 8,408,980 shares, representing 20.04% of the shares in issue.
On 7 September 2016 and 21 March 2017 the Company had been notified that Philip J Milton had increased its holding in the ordinary shares of the Company to 17.08% and 20.26% respectively; however, the Company failed to send the associated TR1s to the London Stock Exchange. The TR1s for these transactions are detailed below.
Enquiries to:
Martin Cassels R&H Fund Services Limited Company Secretary and Administrator | Tel: +(0) 131 550 3765 |
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 | Global Resources Investment Trust Plc (GRIT) | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | P | ||||
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 | |||||
Other (please specify): | |||||
3. Full name of person(s) subject to thenotification obligation: iii | Philip J Milton & Company Plc | ||||
4. Full name of shareholder(s) (if different from 3.):iv | |||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 6 September 2016 | ||||
6. Date on which issuer notified: | 7 September 2016 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 17% | ||||
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 | ||||||||||||
GB00BCKFVJ45 | 6541429 | 6541429 | 6827144 | 6827144 | 17.08% | |||||||||||
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
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
6827144 | 17.08% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | ||
14. Contact name: | Aidan McCarthy | |
15. Contact telephone number: | 01271 344300 | |
Note: Annex should only be submitted to the FSA not the issuer | |
Annex: Notification of major interests in share | |
A: Identity of the persons or legal entity subject to the notification obligation | |
Full name (including legal form of legal entities)
| Philip J Milton & Company Plc |
Contact address (registered office for legal entities)
| Choweree House, 21 Boutport Street, Barnstaple, Devon, EX31 1RP |
Phone number & email
| 01271 344300 info@miltonpj.net |
Other useful information (at least legal representative for legal persons)
| |
B: Identity of the notifier, if applicable | |
Full name
| Aidan McCarthy |
Contact address
| As Above |
Phone number & email
| 01271 344300 aidan@miltonpj.net |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | |
C: Additional information | |
Discretionary managed investments for clients are held in the nominee names of our administrators, Quai and Transact. These are Transact Nominees Ltd and for Quai, it is Pershing Nominees Limited. | |
For notes on how to complete form TR-1 please see the FSA website. |
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 | Global Resources Investment Trust Plc (GRIT) | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | P | ||||
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 | |||||
Other (please specify): | |||||
3. Full name of person(s) subject to thenotification obligation: iii | Philip J Milton & Company Plc | ||||
4. Full name of shareholder(s) (if different from 3.):iv | |||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 24 February 2017 | ||||
6. Date on which issuer notified: | 21 March 2017 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 20% | ||||
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 | ||||||||||||
GB00BCKFVJ45 | 7754627 | 7754627 | 8098639 | 8098639 | 20.26% | |||||||||||
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
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
8098639 | 20.26% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | ||
14. Contact name: | ||
15. Contact telephone number: | ||
Note: Annex should only be submitted to the FCA not the issuer |
| |
Annex: Notification of major interests in share |
| |
| ||
A: Identity of the persons or legal entity subject to the notification obligation |
| |
Full name (including legal form of legal entities)
| Philip J Milton & Company Plc |
|
Contact address (registered office for legal entities)
| Choweree House, 21 Boutport Street, Barnstaple, Devon, EX31 1RP |
|
Phone number & email
| 01271 344300 info@miltonpj.net |
|
Other useful information (at least legal representative for legal persons)
|
| |
| ||
B: Identity of the notifier, if applicable | B: Identity of the notifier, if applicable | |
Full name
| Aidan McCarthy |
|
Contact address
| As Above |
|
Phone number & email
| 01271 344300 aidan@miltonpj.net |
|
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) |
| |
| ||
C: Additional information |
| |
Discretionary managed investments for clients are held in the nominee names of our administrators, Quai and Transact. These are Transact Nominees Ltd and for Quai, it is Winterflood Client Nominees Limited. |
| |
For notes on how to complete form TR-1 please see the FCA website. |
|