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Significant Shareholder

Mon, 29th Feb 2016 08:30

RNS Number : 4250Q
Nyota Minerals Limited
29 February 2016

29 February 2016

Nyota Minerals Limited

('Nyota' or 'the Company')

Significant Shareholder

The Board of Nyota Minerals Limited (ASX/ AIM: NYO) announces that on 26 February 2016 the Company received the following TR-1 notification which is set out below without amendment.

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Nyota Minerals

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

x

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 the notification obligation:

Grant Stevens

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

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

26/2/16

6. Date on which issuer notified:

26/2/16

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

3%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares

if possible using the 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

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ordinary Shares

45,189,637

45,189,637

56382414

56382414

3%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

56383414

3%

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

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:

14. Contact name:

Andy Thacker SI Capital

15. Contact telephone number:

01483 413500

*ENDS*

For further information please visit www.nyotaminerals.com or contact:

Richard Chase

Nyota Minerals Limited

Chief Executive Officer

+61 (0) 8 9324 2955

info@nyotaminerals.com

Michael Cornish

Roland Cornish

Beaumont Cornish Limited

Nominated Advisor and Joint Broker

+44 (0) 207 628 3396

Jeremy Woodgate

Rupert Williams

Smaller Company Capital

Joint Broker

+44 (0) 20 3651 2912

Susie Geliher/

Elisabeth Cowell

Financial PR

St Brides Partners Ltd

+44 (0) 20 7236 1177

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

** ENDS **

This information is provided by RNS
The company news service from the London Stock Exchange
END
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