Email Alerts

Please fill in your details below if you wish to be alerted about news from the Company.

Holding(s) in Company

23 April 2015

Holding in Company

 

The Board of West African announces that on 22 April 2015 the Company received the following TR-1 notification submitted on behalf of Panetta Partners and which is set out below without amendment.

 

For further information contact:

  

West African Minerals Corporation

Anton Mauve

Managing Director

 

+44 (0) 1624 639396

 

Beaumont Cornish Limited (Nominated Adviser)

Roland Cornish

Michael Cornish

 

+44 (0)20 7628 3396

SP Angel Corporate Finance LLP (Broker)

Ewan Leggat

 

+44 (0) 20 3470 0500

 

 

TR-1 Submitted on behalf of Panetta Partners

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii

WEST AFRICAN MINERALS CORPORATION

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

 

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):

Previous notification of interest in shares made on 2nd May 2014 contained incorrect information which Panetta has only now become aware of.  Panetta has not dealt in any shares in WAFM since its most recent participation in the company's financing round which was announced on 2nd May 2014.  This TR-1 is correcting previously notified dealings.

X

3. Full name of person(s) subject to the
notification obligation: iii

Panetta Partners Limited

 

4. Full name of shareholder(s)
 (if different from 3.):iv

 

5. Date of the transaction and date on
which the threshold is crossed or
reached: v

29 April 2014

6. Date on which issuer notified:

2 May 2014

7. Threshold(s) that is/are crossed or
reached: vi, vii

14%

           

 

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Shares

37,058,775

 

37,058,775

 

57,559,775

57,559,775

Nil

15.10

Nil

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date xiii

Exercise/
Conversion Period xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

 

 

 

 

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

 

 

 

 

 

 

Nominal

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

57,559,775

15.10

                                   

 

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

 

 

 

Proxy Voting:

10. Name of the proxy holder:

 

11. Number of voting rights proxy holder will cease
to hold:

 

12. Date on which proxy holder will cease to hold
voting rights:

 

 

13. Additional information:

 

14. Contact name:

Saul Sender

Mishcon de Reya

 

15. Contact telephone number:

02074404700

     

 

Download PDF Version: