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Developing the next major nickel project in Brazil

Significant shareholders

Total shares issued and outstanding in Horizonte Minerals Plc is 1,171,934,300.
The Directors are aware of the following substantial interests or holdings in 3% or more of the Company’s ordinary called up share capital as at 5 December 2016.

Shareholder Number of shares % of issued capital
Teck Resources 210,207,179 17.9%
Richard Griffiths 169,414,049 14.5%
Lombard Odier Asset Management (Europe) Limited 165,376,242 14.1%
JP Morgan 98,394,838 8.4%
Glencore 74,507,195 6.4%
Hargreave Hale 75,000,000 6.4%
City Financial 65,333,333 5.6%

In terms of AIM Rules published May 2010 and insofar as it is aware, at 5 December 2016, 44.9% of the Company’s AIM securities were not in public hands.