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Tuesday 05 January, 2010

Polo Resources Ltd

Holding(s) in Company

RNS Number : 0344F
Polo Resources Limited
05 January 2010
 



5 January 2010

Polo Resources Limited

('Polo Resources' or 'the Company')

Holdings in Company


The Company (AIM: PRL) was notified on 30 December 2009 by Regent Pacific Group Limited of the following interests in the ordinary share capital of Polo Resources (VGG6844A1075).

Reason for notification - An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

Full name of person(s) subject to the notification obligations - Regent Pacific Group Limited 

Full name of shareholder (s) Regent Pacific Group Limited

Date of Transaction:

23 December 2009

Threshold crossed or reached    

3%

A: Voting Rights attached to shares


Situation previous to the triggering transaction:


Number of Shares:

Nil

Number of Voting Rights:

Nil



Resulting situation after the triggering transaction:


Number of Shares:

Nil

Number of Voting Rights (Direct):

Nil

Number of Voting Rights (Indirect):

Nil



Percentage of Voting Rights (Direct):

Nil

Percentage of Voting Rights (Indirect):

Nil


B: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction:

Type of Financial Instrument                                                                                                                 Contracts for Difference

Number of Voting Rights Instrument refers to                                                                                                        102,040,000

Percentage of Voting Rights (Nominal)                                                                                                                                  4.35%

Total (A+B)

Number of Voting Rights                                                                                                                                                  102,040,000  

Percentage of Voting Rights                                                                                                                                                       4.35%



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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