Polo Resources Limited ('Polo Resources' or 'the Company') - TR1 Notification

TORONTO, July 19 /CNW/ - The Company (AIM and TSX: POL) was notified on 19 July 2010 by Laxey Partners Ltd of the following interests in the ordinary share capital of Polo Resources (VGG6844A1075).

    
    Reason for notification - An acquisition or disposal of voting rights

    Full name of person(s) subject to the notification obligations - Laxey
    Partners Ltd

    Full name of shareholder if different - Credit Suisse Client Nominees UK
    Ltd

    Date of Transaction:                                        16 July 2010

    Threshold crossed or reached                                    Under 4%


    Situation previous to the triggering transaction:

    Number of Shares:                                             94,750,000

    Number of Voting Rights:                                      94,750,000


    Resulting situation after the triggering transaction:

    Number of Shares:                                                      0

    Number of Voting Rights (Direct):                                    nil

    Number of Voting Rights (Indirect):                                  nil


    Percentage of Voting Rights (Direct):                                nil

    Percentage of Voting Rights (Indirect):                              nil
    

SOURCE Polo Resources Limited

For further information: For further information: Polo Resources Limited, Tel: +27 82 404 36 37, Neil Herbert, Executive Co-Chairman; Canaccord Genuity Limited, Tel: +44 (0) 207 050 6500, Ryan Gaffney, Bhavesh Patel; Financial Dynamics, Tel: +44 (0) 20 7831 3113, Ben Brewerton, Edward Westropp

Organization Profile

Polo Resources Limited

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890