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Holding(s) in Company

15 Jul 2014 07:00

RNS Number : 2879M
Praetorian Resources Limited
15 July 2014
 



15 July 2014

Praetorian Resources Limited

("Praetorian Resources" or the "Company")

 

Holding(s) in Company

Praetorian Resources has been informed that on 11 July 2014 Mr Charles Cannon-Brookes, an investment manager to the Company, undertook the following transactions in the Company's shares. Mr Cannon-Brookes purchased 54,935 ordinary shares at a price of 10.025 pence per share. Subsequent to this Mr Cannon-Brookes is the beneficial owner of 970,335 ordinary shares in the Company which equates to 2.13% of the Company's voting rights.

In addition to the above, the Company has also been informed that Arlington Group Asset Management Limited ("Arlington") purchased 875,000 ordinary shares at a price of 10.025 pence per share on 11 July 2014. Subsequent to this Arlington is the beneficial owner of 5,000,000 ordinary shares in the Company which equates to 10.96% of the Company's voting rights.

 

Contacts:

 

For further information, please contact:

Praetorian Resources Limited

Robert King, Chairman

+44 (0) 1481 732 153

Grant Thornton UK LLP (Nominated Adviser)

Colin Aaronson/David Hignell/Jamie Barklem

+44 (0)20 7383 5100

Pareto Securities Limited (Broker)

Guy Wilkes

+44 (0)20 7786 4370

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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