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Oriel Resources Plc: Holding's' in Company.
- Article from:
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Canadian Corporate News
- Article date:
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December 22, 2006
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Copyright informationCOPYRIGHT 2006 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LONDON, UNITED KINGDOM, Dec 22, 2006 (CCNMatthews via COMTEX) -- Oriel Resources plc ("Oriel", or the "Company") (TSX:ORL)(AIM:ORI), the London-based chrome and nickel mining and processing company, announces that on 22 December 2006 it received a notification given in fulfilment of the obligations imposed under section 198 of the Companies Act 1985 ("the Act") by Morgan Stanley International Limited ("MSIL") that following a recent increase of ordinary issued share capital of Oriel Resources Plc, MSIL's percentage has reduced to 4.02% of the Company (22,352,286 shares).
The position of MSIL is held through the entities below:
- Quilter & Co Limited hold 16,000 shares ...