27 Mar 2012 11:26
For Immediate Release
27 March 2012
3Legs Resources plc
Notification of Transfer of Shares: No Change in Control
3Legs Resources plc (the "Company") has received notice of a transfer of ordinary shares in the Company made by Roy Williams, a significant shareholder in the Company, solely for estate planning purposes. The transfer, which involves no change in control of the shares in question and has been approved by the Company's Nomad, comprises the transfer of 3,354,428 ordinary shares in the Company, representing 3.96% of the Company's issued share capital, by Roy Williams to Peaseblossom Limited, an investment holding company owned by Roy Williams and members of his family and controlled by Roy Williams. All of the ordinary shares which are the subject of the transfer remain subject to the one year lock-up restrictions agreed by Roy Williams and others in connection with the Company's listing on AIM completed on 14 June 2011.
For further information please contact:
3Legs Resources plc | Tel: | +44 1624 811 611 |
Peter Clutterbuck, Chief Executive Officer | ||
Alexander Fraser, Chief Financial Officer | ||
Jefferies Hoare Govett | Tel: | +44 207 029 8000 |
Alex Grant | ||
Simon Hardy | ||
Jamie Buckland | ||
College Hill | Tel: | +44 207 457 2020 |
Nick Elwes | ||
Catherine Maitland |