Substantial Shareholder Increases Stake to 50.04%
06 Janvier 2010 - 10:40AM
UK Regulatory
TIDMGPN
RNS Number : 1038F
Gladstone Pacific Nickel Limited
06 January 2010
6 January 2010
Gladstone Pacific Nickel Limited
Substantial Shareholder Increases Stake to 50.04%
Gladstone Pacific Nickel Limited (the "Company") has today been informed that
Mr. Clive Palmer or his related entities acquired an additional 950,000 ordinary
shares at 17 pence per share on 5 January 2010.
Following this purchase, Mr. Palmer and his related entities are interested in a
total of 35,495,233 ordinary shares in the Company which represents 50.04% of
the Company's ordinary shares in issue.
For further information please contact:
Gladstone Pacific Nickel Ltd
James Henderson, Chairman Tel: +61 (0) 2 9252 8455
Email:
info@gladstonepacific.com.au
Grant Thornton Corporate Finance
Gerry Beaney / Robert BeenstockTel: +44 207 383 5100
Arbuthnot Securities
John PriorTel: +44 207 012 2000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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