NEWS & MEDIA

Paternoster Resources Plc – Holdings in Company

10 July 2018

Paternoster, the investment company listed on AIM, has received three TR-1 forms which are reproduced without amendment below.

For more information please contact:

Paternoster Resources plc:

 

+44 20 7580 7576

 

Nicholas Lee, Chairman

 

Nominated Advisor:

 

+44 20 7628 3396

 

Beaumont Cornish Limited

 

Roland Cornish

 

Rosalind Hill Abrahams

 

Joint Broker:

 

+44 20 7186 9950

 

Shard Capital Partners LLP

 

Damon Heath

 

Erik Woolgar

 

Joint Broker:

 

+44 20 7562 3351

 

Peterhouse Corporate Finance

 

Lucy Williams

 

 

 

 

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 the underlying issuer of existing shares to which voting rights are attachedii:

 

Paternoster Resources plc

 

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

 

Ashworth Global Investments

 

City and country of registered office (if applicable)

 

British Virgin Islands

 

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 was crossed or reachedvi:

 

4 July 2018

 

6. Date on which issuer notified (DD/MM/YYYY):

 

9 July 2018

 

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

 

3.66%

 

3.66%

 

6,289,335,226

 

Position of previous notification (if

applicable)

 

 

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 of
shares
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)

 

GB0001636918

 

230,000,000

 

3.66%

 

SUBTOTAL 8. A

 

230,000,000

 

3.66%

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

 

Type of financial instrument

 

Expiration
date
x
Exercise/
Conversion Period
xi
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

 

Expiration
date
x
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 the
financial 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

 

Jim Nominees Limited

 

3.66%

 

N/A

 

3.66%

 

10. In case of proxy voting, please identify:

 

Name of the proxy holder

 

N/A

 

The number and % of voting rights held

 

N/A

 

The date until which the voting rights will be held

 

N/A

 

11. Additional informationxvi

 

 

Place of completion

 

Gibraltar

 

Date of completion

 

9 July 2018

 

 

 

 

 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS

 

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

 

Paternoster Resources PLC

30 Percy Street, London W1T 2DB UK

 

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

 

Global Investment Strategy UK Ltd

 

City and country of registered office (if applicable)

 

London, UK

 

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 was crossed or reachedvi:

 

04/07/2018

 

6. Date on which issuer notified (DD/MM/YYYY):

 

09/07/2018

 

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

 

3.97%

 

0.00%

 

3.97%

 

6,289,335,226

 

Position of previous notification (if

applicable)

 

 

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 of
shares
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)

 

 GB0011636918

 

250,000,000

 

3.97%

 

SUBTOTAL 8. A

 

250,000,000

 

3.97%

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

 

Type of financial instrument

 

Expiration
date
x
Exercise/
Conversion Period
xi
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

 

Expiration
date
x
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 the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv(please add additional rows as necessary)
X

 

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

 

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

 

 

Place of completion

 

London

 

Date of completion

 

 4 July 2018

 

 

 

 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS

 

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

 

Paternsoter Resources plc

 

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

 

D-Beta One EQ, Ltd.

 

City and country of registered office (if applicable)

 

4. Full name of shareholder(s) (if different from 3.)v

 

Name

 

Jarvis Investment Management Ltd

 

City and country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reachedvi:

 

4 July 2018

 

6. Date on which issuer notified (DD/MM/YYYY):

 

9 July 2018

 

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

 

3.18%

 

3.18%

 

6,289,335,226

 

Position of previous notification (if

applicable)

 

Less than 3%

 

Less than 3%

 

 

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 of
shares
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)

 

Ordinary Shares (GB0011636918)

 

200,000,000

 

0

 

3.18%

 

0

 

SUBTOTAL 8. A

 

200,000,000

 

3.18%

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

 

Type of financial instrument

 

Expiration
date
x
Exercise/
Conversion Period
xi
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

 

Expiration
date
x
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 the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv(please add additional rows as necessary)
X

 

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

 

Delta Beta Advisors, LLC (Investment Manager of D-Beta One EQ, Ltd.)

 

3.18%

 

3.18%

 

D-Beta One EQ, Ltd.

 

3.18%

 

3.18%

 

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

 

The Ordinary Shares are held by Jarvis Investment Management in CREST for the account of D-Beta One EQ, Ltd.

 

 

 

Place of completion

 

Mountainside, New Jersey, USA

 

Date of completion

 

 9 July 2018

 

 

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