Holding(s) in Company


 

TIDMPRL 
 
RNS Number : 3743B 
Polo Resources Limited 
26 October 2009 
 

26 October 2009 
Polo Resources Limited 
('Polo Resources' or 'the Company') 
Holdings in Company 
The Company (AIM:PRL) was notified on 26 October 2009 by TPG-Axon Capital 
Management, LP 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 - TPG-Axon 
Capital Management, LP; TPG-Axon GP, LLC; Dinakar Singh, LLC; Dinakar Singh 
Full name of shareholder if different - TPG-Axon Partners, LP; TPG-Axon Partners 
(Offshore), Ltd. 
+----------------------------------------+----------------------------------------+ 
| Date of Transaction:                   |                        21 October 2009 | 
+----------------------------------------+----------------------------------------+ 
| Threshold crossed or reached           |                                     3% | 
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|                                        |                                        | 
+----------------------------------------+----------------------------------------+ 
| Situation previous to the triggering   |                                        | 
| transaction:                           |                                        | 
+----------------------------------------+----------------------------------------+ 
| Number of Shares:                      |                            108,950,000 | 
+----------------------------------------+----------------------------------------+ 
| Number of Voting Rights:               |                            108,950,000 | 
+----------------------------------------+----------------------------------------+ 
|                                        |                                        | 
+----------------------------------------+----------------------------------------+ 
| Resulting situation after the          |                                        | 
| triggering transaction:                |                                        | 
+----------------------------------------+----------------------------------------+ 
| Number of Shares:                      |                               Below 3% | 
+----------------------------------------+----------------------------------------+ 
| Number of Voting Rights (Direct):      |                                      0 | 
+----------------------------------------+----------------------------------------+ 
| Number of Voting Rights (Indirect):    |                               Below 3% | 
+----------------------------------------+----------------------------------------+ 
|                                        |                                        | 
+----------------------------------------+----------------------------------------+ 
| Percentage of Voting Rights (Direct):  |                                      0 | 
+----------------------------------------+----------------------------------------+ 
| Percentage of Voting Rights            |                               Below 3% | 
| (Indirect):                            |                                        | 
+----------------------------------------+----------------------------------------+ 
 
 
 
 
Contacts: 
+----------------------------------------+----------------------------------------+ 
| Polo Resources Limited                 |         Tel: +27 82 404 36 37          | 
| Gary Good, Chief Financial Officer     |                                        | 
+----------------------------------------+----------------------------------------+ 
| Canaccord Adams                        |            Tel: +44 (0) 207 050 6500   | 
| Mike Jones                             |                                        | 
| Ryan Gaffney                           |                                        | 
+----------------------------------------+----------------------------------------+ 
| Financial Dynamics                     |             Tel: +44 (0) 20 7831 3113  | 
| Ben Brewerton                          |                                        | 
| Edward Westropp                        |                                        | 
+----------------------------------------+----------------------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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