15 Sep 2010 07:00
15 September 2010
Polo Resources Limited
('Polo Resources' or 'the Company')
Holdings in Company
The Company (AIM and TSX: POL) was notified on 14 September 2010 by UBS Investment Bank that as of September 10, 2010 UBS AG London Branch had the following interests in the ordinary share capital of Polo Resources (VGG6844A1075).
Reason for notification - An acquisition or disposal of voting rights
Full name of person(s) subject to the notification obligations - UBS Investment Bank
Full name of shareholder if different - UBS AG London Branch
Situation previous to the triggering transaction:
| Number of Shares: | 97,370,800 |
| Number of Voting Rights: | 97,370,800 |
Resulting situation after the triggering transaction:
| Number of Shares: | Below notifiable threshold |
| Number of Voting Rights (Direct): | Below notifiable threshold |
| Number of Voting Rights (Indirect): | Below notifiable threshold |
| Percentage of Voting Rights (Direct): | n/a |
| Percentage of Voting Rights (Indirect): | n/a |
Contacts:
| Polo Resources Limited Neil Herbert, Executive Co-Chairman | Tel: +27 82 404 36 37 |
| Canaccord Genuity Limited Ryan Gaffney Bhavesh Patel | Tel: +44 (0) 207 050 6500 |
| Financial Dynamics Ben Brewerton Edward Westropp | Tel: +44 (0) 20 7831 3113 |