Information  X 
Enter a valid email address
  Print      Mail a friend       More announcements

Tuesday 15 June, 2004

Aberforth Partners

SAR - Paladin Resources PLC

FORM SAR 5


Lodge with a RIS or Newstrack, if appropriate, and the Takeover Panel.
A copy must also be sent to the company the shares of which are acquired.


Date of disclosure: 15/6/04


DISCLOSURE UNDER NOTE 3 OF RULE 5 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")


Date of sale: 14/6/04

Sale of: Paladin Resources PLC


(1) (a) Class of voting shares (e.g. ordinary shares):
Ordinary Shares of 10p

(1) (b) Number of shares / rights over shares sold:
11,562,905 shares
N/A rights

(1) (c) If rights over shares sold, as opposed to the shares
themselves, specify nature of rights:
N/A


(2) (a) Resultant total holding of voting shares (and % of total voting
shares in issue):
66,000,000 (20.47%)

(2) (b) Resultant total holding of rights over shares (and % of total
voting shares in issue):
N/A (0.00%)

(2) (c) Total percentage:
20.47%


(3) Party making disclosure:
Aberforth Partners (as Investment Managers)


(4) (a) Name of person selling shares or rights over shares:
Aberforth Partners (as Investment Managers)
and, if different, beneficial owner:
N/A

(4) (b) Names of any other persons acting by agreement or understanding
see SAR 5):
N/A


Signed, for and on behalf of the party named in (3) above:
N/A - Electronic Submission


(Also print name of signatory):
David Holland, For Aberforth Partners


Telephone and extension number:
0131 220 0733


For full details of the SARs disclosure requirements, see Rules 3 and 5
of the SARs.  If in doubt, contact the Panel on Takeovers and Mergers,
Monitoring Section, Tel. No: 020 7638 0129.
(E-mail: monitoring@disclosure.org.uk)