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Monday 16 November, 2009

Polo Resources Ltd

Holding(s) in Company

RNS Number : 5487C
Polo Resources Limited
16 November 2009
 



16 November 2009

Polo Resources Limited

('Polo Resources' or 'the Company')

Holdings in Company


The Company (AIM:PRL) was notified on 13 November 2009 by Ingalls & Snyder LLC 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 - Ingalls & Snyder LLC 

Full name of shareholder if different - Ingalls & Snyder LLC and Ingalls & Snyder Value Partners LP


Date of Transaction: 

Threshold crossed or reached

12 November 2009

5%



Situation previous to the triggering transaction:

Number of Shares: 

Number of Voting Rights:


99,870,000

99,870,000



Resulting situation after the triggering transaction: 

Number of Shares: 

Number of Voting Rights (Direct): 

Number of Voting Rights (Indirect):


117,870,000

117,870,000 

n/a



Percentage of Voting Rights (Direct): 

Percentage of Voting Rights (Indirect):

5.02% 

n/a



Contacts:

Polo Resources Limited

Neil Herbert, Managing Director

 Tel: +27 82 404 36 37

Canaccord Adams 

Mike Jones

Ryan Gaffney

  Tel: +44 (0) 207 050 6500

Financial Dynamics

Ben Brewerton

Edward Westropp

  Tel: +44 (0) 20 7831 3113



This information is provided by RNS
The company news service from the London Stock Exchange
 
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