Holding(s) in Company

28 Jul 2009 16:31



28 July 2009

Polo Resources Limited

('Polo Resources' or 'the Company')

TR1 Notification

The Company (AIM:PRL) was notified on 27 July 2009 by TPG-Axon Capital Management, LP of the following interests in the ordinary share capital of Polo Resources (VGG6844A1075).

Reason for notification - Increase in total issued share capital

Full name of person(s) subject to the notification obligations - TPG-Axon Capital Management, LP; TPG-Axon GP, LLC; Dinakar Singh, LLC; Dinakar Singh 

Full name of shareholder if different - TPG-Axon Partners, LP; TPG-Axon Partners (Offshore), Ltd

Date of Transaction:  24 June 2009

Threshold crossed or reached 5%

Situation previous to the triggering transaction:

Number of Shares:  108,950,000

Number of Voting Rights: 108,950,000

Resulting situation after the triggering transaction:

Number of Shares: 108,950,000

Number of Voting Rights (Direct): 0

Number of Voting Rights (Indirect): 108,950,000

Percentage of Voting Rights (Direct): 0

Percentage of Voting Rights (Indirect):  4.64%

Contacts: