Last checked at 20 Dec 2017 11:30
20 December 2017
Pathfinder Minerals Plc
("Pathfinder" or the "Company")
Holdings in Company
Pathfinder was notified today that a holding of 7,419,000 shares, representing 3.26 per cent of the current issued share capital, previously held by Paul Ellison and Gareth Roberts as Joint Administrators of Hill Street Investments plc, was transferred on 9 January 2017 to TV I 2 Limited as part of the administration process. TV I 2 Limited now holds 7,419,000 shares in the Company, representing 3.26 per cent of the issued share capital; and Paul Ellison and Gareth Roberts as Joint Administrators of Hill Street Investments plc no longer hold a notifiable interest in the Company.
Enquiries:
Pathfinder Minerals Plc
Nick Trew, Chief Executive
Tel. +44 (0)20 3440 7775
WH Ireland Limited (Nomad and Joint Corporate Broker)
James Joyce or Jessica Cave
Tel. +44 (0)20 7220 1666
Beaufort Securities Limited (Joint Corporate Broker)
Jon Belliss or Elliot Hance
Tel. +44 (0)20 7382 8300
Vigo Communications (Public Relations)
Ben Simons or Kate Rogucheva
Tel. +44 (0)20 7830 9700
Email. pathfinderminerals@vigocomms.com
Notes to Editors:
Pathfinder Minerals Plc is incorporated in England and is admitted to trading on the AIM market of the London Stock Exchange.
CMdN, a subsidiary of Pathfinder, was issued mining concession licences 760C and 4623C on 13 September 2004 and 13 July 2011 respectively, each for a period of twenty-five years. Taken together, these mining concessions cover approximately 32,000 hectares of land on the Indian Ocean coast of the Zambezia province of Mozambique, known to contain the heavy minerals, ilmenite, rutile and zircon.
As announced on 3 February 2012, ownership of these licences is being disputed.