4 Apr 2016 15:13
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 | Tungsten Corp Plc | |||
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): |
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3. Full name of person(s) subject to thenotification obligation: iii | Morgan Stanley (Institutional Securities Group and Global Wealth Management) | |||
4. Full name of shareholder(s) Â (if different from 3.):iv | Morgan Stanley & Co. International plc | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 31.03.2016 | |||
6. Date on which issuer notified: | 04.04.2016 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 9% | |||
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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 | |||||||||||
 GB00B7Z0Q502 |  7,694,049  |  7,694,049  |  7,076,010 |  7,076,010 |  5.61% |   | |||||||||
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 | |||||||||||
Right of Recall over a securities lending agreement | N/A | N/A | Â 746,281 | Â 0.59% | |||||||||||
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  | ||||||||||
Equity Swap (Cash-Settled) | N/A | Â 15/04/2016 Â | N/A | Â Â 3,500,000 Â Â | Nominal | Delta | |||||||||
N/A | 2.78% Â | ||||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
 11,322,291  |  8.98% | ||||||||||||||
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
 Morgan Stanley & Co. International plc, 25 Cabot Square, Canary Wharf, London E14 4QA is a direct holder of 10,600,536 voting rights (8.41%) and is a subsidiary of Morgan Stanley Investments (UK)  Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London E14 4AD is an indirect holder of 10,600,536 voting rights (8.41%) and is a subsidiary of Morgan Stanley UK Group  Morgan Stanley UK Group, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 10,600,536 voting rights (8.41%) and is a subsidiary of Morgan Stanley International Limited  Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of 10,600,536 voting rights (8.41%) and is a subsidiary of Morgan Stanley International Holdings Inc.  Morgan Stanley International Holdings Inc., c/o The Corporation Trust Company (DE), Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801, USA is an indirect holder 10,600,536 voting rights (8.41%) and is a subsidiary of the beneficial owner Morgan Stanley  | ||
Proxy Voting: | ||
10. Name of  the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: | Of the total voting rights attached to shares in Section 8A, 721,755 (0.57%) of these are the result of stock borrowing agreements | |
14. Contact name: | Wilma Fairholm | |
15. Contact telephone number: | 0141 245 7218 | |
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