Last checked at 30 Dec 2020 07:00
For immediate release
30 December 2020
EUROPEAN METALS HOLDINGS LIMITED
Holding(s) in Company
European Metals Holdings Limited (ASX & AIM: EMH, FSE: E861.F) ("European Metals" or the "Company") announces that the Company has received the following TR-1 Notification:
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 the underlying issuer of existing shares to which voting rights are attachedii: | European Metals Holdings Limited | |||||
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 obligationiv | ||||||
Name | Cadence Minerals Plc | |||||
City and country of registered office (if applicable) | London, United Kingdom | |||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name | Cadence Minerals Plc | |||||
City and country of registered office (if applicable) | London, United Kingdom | |||||
5. Date on which the threshold was crossed or reachedvi: | 15/12/2020 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 21/12/2020 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | |||
Resulting situation on the date on which threshold was crossed or reached | 12.97% | 0.00% | 12.97% | 162,213,617
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Position of previous notification (if applicable) | See Section 11 - Additional Information below. | |||||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||
A: Voting rights attached to shares | |||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||
VGG3191T1021 |
21,044,219
| 12.97% | |||||||
SUBTOTAL 8. A | |||||||||
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B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
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 financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||
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 by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | ||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | ||||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
Cadence Minerals Plc | 12.97% | 12.97% | ||
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 informationxvi | ||||
On 14/04/2020 and as a result of the disposal of shares in European Metals Holdings Limited, Cadence Minerals PLC voting rights decreased to 15.97%.
On 17/07/2020 and as a result of the issue of 1,049,826 shares in European Metals Holdings Limited, Cadence Minerals PLC voting rights decreased to 14.93%.
On 17/09/2020 and as a result of the issue of 50,000 shares in European Metals Holdings Limited, Cadence Minerals PLC voting rights decreased to 13.96%.
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Place of completion | London, United Kingdom |
Date of completion | 21 December 2020 |
Website
A copy of this announcement is available from the Company's website at www.europeanmet.com.
ENQUIRIES:
European Metals Holdings Limited Keith Coughlan, Executive Chairman
Kiran Morzaria, Non-Executive Director
Dennis Wilkins, Company Secretary |
Tel: +61 (0) 419 996 333 Email: keith@europeanmet.com
Tel: +44 (0) 20 7440 0647
Tel: +61 (0) 417 945 049 Email: dennis@europeanmet.com
|
Beaumont Cornish (Nomad & Broker) Michael Cornish Roland Cornish
| Tel: +44 (0) 20 7628 3396 Email: corpfin@b-cornish.co.uk |
Shard Capital (Joint Broker) Damon Heath Erik Woolgar
| Tel: +44 (0) 20 7186 9950 |
Blytheweigh (Financial PR) Tim Blythe Megan Ray | Tel: +44 (0) 20 7138 3222 |
ENDS