TIDMPREM

RNS Number : 0601P

Premier African Minerals Limited

08 October 2019

Premier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining

For immediate release

8 October 2019

Premier African Minerals Limited

("Premier" of the "Company")

Holding (s) in Company

The Board of Premier announces that the Company has received the following TR-1 notification which is set out below without amendment. A copy of this announcement is available on the Company's website at: www.premierafricanminerals.com.

Enquiries:

 
                      Premier African Minerals        Tel: +44 (0)7734 
 Fuad Sillem                   Limited                          922074 
 Michael Cornish /    Beaumont Cornish Limited    Tel: +44 (0) 20 7628 
  Roland Cornish         (Nominated Adviser)                      3396 
                    ---------------------------  --------------------- 
 Jerry Keen/Edward   Shore Capital Stockbrokers   Tel: +44 (0) 20 7408 
  Mansfield                    Limited                            4090 
                    ---------------------------  --------------------- 
 

This announcement is inside information for the purposes of Article 7 of Regulation 596/20014. The person who arranged for the release of this announcement on behalf of the Company was George Roach, Chief Executive Officer.

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer 
  and to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or                           Premier African Minerals Limited 
  the underlying issuer of existing 
  shares to which voting rights 
  are attached (ii) : 
                                                    ------------------------------------------ 
 1b. Please indicate if the issuer is a non-UK issuer (please mark 
  with an "X" if appropriate) 
 Non-UK issuer 
                                                                                           --- 
 2. Reason for the notification (please mark the appropriate box 
  or boxes with an "X") 
 An acquisition or disposal of voting rights                                                X 
                                                                                           --- 
 An acquisition or disposal of financial instruments 
                                                                                           --- 
 An event changing the breakdown of voting rights 
                                                                                           --- 
 Other (please specify) (iii) : 
                                                                                           --- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                Mr. James Goozee 
 City and country of registered 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name 
                                                    ------------------------------------------ 
 City and country of registered 
  office (if applicable) 
                                                    ------------------------------------------ 
 5. Date on which the threshold                      07.10.19 
  was crossed or reached (vi) : 
                                                    ------------------------------------------ 
 6. Date on which issuer notified                    07.10.19 
  (DD/MM/YYYY): 
                                                    ------------------------------------------ 
 7. Total positions of person(s) subject to the notification obligation 
                     % of voting       % of voting rights    Total of both   Total number 
                   rights attached      through financial     in % (8.A +     of voting 
                   to shares (total        instruments            8.B)        rights of 
                       of 8. A)           (total of 8.B                       issuer (vii) 
                                           1 + 8.B 2) 
                 ------------------  ---------------------  --------------  ------------------ 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached      4.16%               N/A                    4.16%            11,003,778,580 
                 ------------------  ---------------------  --------------  ------------------ 
 Position 
  of previous 
  notification 
  (if 
  applicable)     282,140,679         N/A                    3.13% 
                 ------------------  ---------------------  --------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on 
  which the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type                 Number of voting rights                         % of voting rights 
  of                         (ix) 
  shares 
  ISIN code 
  (if possible) 
                                    Direct                 Indirect                 Direct                 Indirect 
                                   (Art 9 of              (Art 10 of          (Art 9 of Directive    (Art 10 of Directive 
                                   Directive               Directive             2004/109/EC)            2004/109/EC) 
                                 2004/109/EC)            2004/109/EC)              (DTR5.1)               (DTR5.2.1) 
                                   (DTR5.1)               (DTR5.2.1) 
                                                    --------------------- 
 VGG7223M1005               457,775,170                                     4.16% 
                           -----------------------  ---------------------  -----------------------  --------------------- 
 
 
 SUBTOTAL 8. 
  A                                          457,775,170                                        4.16% 
                           ----------------------------------------------  ---------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 
  2004/109/EC (DTR5.3.1.1 (a)) 
 Type of financial          Expiration        Exercise/           Number of voting rights            % of voting 
  instrument                 date (x)          Conversion          that may be acquired               rights 
                                               Period (xi)         if the instrument 
                                                                   is 
                                                                   exercised/converted. 
                           ----------------  ------------------  ---------------------------------  --------------------- 
 
 
 
                                              SUBTOTAL 
                                               8. B 1 
                                             ------------------  ---------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according 
  to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of          Expiration         Exercise/              Physical or         Number of            % of voting 
  financial        date               Conversion             cash                voting rights        rights 
  instrument       (x)                Period (xi)            Settlement 
                                                             (xii) 
                 -----------------  ---------------------  ------------------  ------------------- 
 
 
 
                                                            SUBTOTAL 8. 
                                                             B.2 
                                                           ------------------  ------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled                   X 
  by any natural person or legal entity and does not control 
  any other undertaking(s) holding directly or indirectly an 
  interest in the (underlying) issuer (xiii) 
 Full chain of controlled undertakings through which the voting 
  rights and/or the 
  financial instruments are effectively held starting with the 
  ultimate controlling natural person or legal entity (xiv) (please 
  add additional rows as necessary) 
  Name (xv)      % of voting rights      % of voting rights        Total of both 
                   if it equals or        through financial         if it equals 
                  is higher than the      instruments if it         or is higher 
                 notifiable threshold    equals or is higher     than the notifiable 
                                         than the notifiable          threshold 
                                              threshold 
               ----------------------  ---------------------  ----------------------- 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                       ---------------------------------------------- 
 The number and % of voting rights 
  held 
                                       ---------------------------------------------- 
 The date until which the voting 
  rights will be held 
                                       ---------------------------------------------- 
 
 11. Additional information (xvi) 
 
 
 
 
 Place of completion   London, UK 
 Date of completion    7.10.2019 
                      ----------- 
 

ENDS

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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October 08, 2019 02:00 ET (06:00 GMT)

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