Notification of Major Holdings

LONDON--()--

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:

Metal Tiger 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 Sprott Inc.
City and country of registered office (if applicable) Toronto (Ontario), Canada
4. Full name of shareholder(s) (if different from 3.)v
Name Exploration Capital Partners 2014 LP
City and country of registered office (if applicable) Carlsbad (California), United States
Name Sprott Asset Management LP
City and country of registered office (if applicable) Toronto (Ontario), Canada
Name Sprott Asset Management USA Inc.
City and country of registered office (if applicable) Carlsbad (California), United States
Name Sprott Global Resource Investments Ltd.
City and country of registered office (if applicable) Carlsbad (California), United States

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

17 September 2018
6. Date on which issuer notified (DD/MM/YYYY): 20 September 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

12.70% Nil 12.70% 1,349,956,065

Position of previous
notification (if
applicable)

16.41% Nil 16.41%  

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)

GB0030493232 171,397,942   12.70%  
         
         
SUBTOTAL 8. A 171,397,942 12.70%

 

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
datex

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

Expiration
datex

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

Sprott Inc. 12.70% N/A 12.70%

Resource Capital Investment
Corporation
(as investment manager
of Exploration Capital
Partners 2014 LP)

10.18% N/A 10.18%

Exploration Capital
Partners 2014 LP

10.18% N/A 10.18%
       
Sprott Inc. 12.70% N/A 12.70%

Sprott Asset Management
LP

Less than 3% N/A Less than 3%
       
Sprott Inc. 12.70% N/A 12.70%

Sprott Asset Management
USA Inc.

Less than 3% N/A Less than 3%
       
Sprott Inc. 12.70% N/A 12.70%

Sprott Global Resource
Investments Ltd.

Less than 3% N/A Less than 3%
 
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, United Kingdom
Date of completion 20 September 2018

Category Code: MSCU
Sequence Number: 655855
Time of Receipt (offset from UTC): 20180920T232758+0100

Contacts

Metal Tiger plc

Contacts

Metal Tiger plc