PRL Polo Res.(See LSE:POL)

 

TIDMPRL 
 
RNS Number : 6056I 
Polo Resources Limited 
15 March 2010 
 

15 March 2010 
                             Polo Resources Limited 
                      ('Polo Resources' or 'the Company') 
                              Holdings in Company 
 
The Company (AIM:PRL) was notified on 12 March 2010 by RAB Capital plc of the 
following interests in the ordinary share capital of Polo Resources 
(VGG6844A1075). 
Reason for notification - Update of holding 
+-------------------------------------------+-------------------------+ 
| Full name of person(s) subject to the     | RAB Capital plc acting  | 
| notification obligations -                | as discretionary        | 
|                                           | manager of RAB Special  | 
|                                           | Situations (Master)     | 
|                                           | Fund Limited            | 
+-------------------------------------------+-------------------------+ 
Full name of shareholder if different - Credit Suisse Client Nominees (UK) 
Limited 
+----------------------------------+----------------------------------+ 
| Date of Transaction:             |                              n/a | 
+----------------------------------+----------------------------------+ 
| Threshold crossed or reached     |                               4% | 
+----------------------------------+----------------------------------+ 
|                                  |                                  | 
+----------------------------------+----------------------------------+ 
| Situation previous to the        |                                  | 
| triggering transaction:          |                                  | 
+----------------------------------+----------------------------------+ 
| Number of Shares:                |                       96,240,425 | 
+----------------------------------+----------------------------------+ 
| Number of Voting Rights:         |                       96,240,425 | 
+----------------------------------+----------------------------------+ 
|                                  |                                  | 
+----------------------------------+----------------------------------+ 
| Resulting situation after the    |                                  | 
| triggering transaction:          |                                  | 
+----------------------------------+----------------------------------+ 
| Number of Shares:                |                              n/a | 
+----------------------------------+----------------------------------+ 
| Number of Voting Rights          |                              n/a | 
| (Direct):                        |                                  | 
+----------------------------------+----------------------------------+ 
| Number of Voting Rights          |                       99,240,425 | 
| (Indirect):                      |                                  | 
+----------------------------------+----------------------------------+ 
|                                  |                                  | 
+----------------------------------+----------------------------------+ 
| Percentage of Voting Rights      |                              n/a | 
| (Direct):                        |                                  | 
+----------------------------------+----------------------------------+ 
| Percentage of Voting Rights      |                            4.23% | 
| (Indirect):                      |                                  | 
+----------------------------------+----------------------------------+ 
 
Contacts: 
+---------------------------------+---------------------------------+ 
| Polo Resources Limited          |     Tel:  +27 82 404 36 37      | 
| Neil Herbert, Managing Director |                                 | 
+---------------------------------+---------------------------------+ 
| Canaccord Adams                 |      Tel:  +44 (0) 207 050      | 
| Ryan Gaffney                    |              6500               | 
| Bhavesh Patel                   |                                 | 
+---------------------------------+---------------------------------+ 
| Financial Dynamics              |      Tel:  +44 (0) 20 7831      | 
| Ben Brewerton                   |              3113               | 
| Edward Westropp                 |                                 | 
+---------------------------------+---------------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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