RNS Number : 3339K
Avocet Mining PLC
13 July 2011
|
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
|
|
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
|
AVOCET MINING PLC
|
|
2 Reason for the notification (please tick the appropriate box or boxes):
|
|
An acquisition or disposal of voting rights
|
X
|
|
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
|
|
|
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
|
|
|
An event changing the breakdown of voting rights
|
|
|
Other (please specify):
|
|
|
|
|
|
|
3. Full name of person(s) subject to the notification obligation:
|
PRELAS AS
|
|
4. Full name of shareholder(s) (if different from 3.):
|
PRELAS AS
TROND VEGGER
PREBEN VEGGER
|
|
5. Date of the transaction and date on which the threshold is crossed or reached:
|
12TH JULY 2011
|
|
6. Date on which issuer notified:
|
12TH JULY 2011
|
|
7. Threshold(s) that is/are crossed or reached:
|
HOLDING HAS GONE OVER 3%
|
|
8. Notified details:
|
|
A: Voting rights attached to shares
|
|
Class/type of
shares
if possible using
the ISIN CODE
|
Situation previous
to the triggering
transaction
|
Resulting situation after the triggering transaction
|
|
Number
of
Shares
|
Number
of
Voting
Rights
|
Number
of shares
|
Number of voting
rights
|
% of voting rights
|
|
Direct
|
Direct
|
Indirect
|
Direct
|
Indirect
|
|
|
5,406,618
|
2.71%
|
|
|
6,800,190
|
|
3.41%
|
|
GB0000663038
|
|
B: Qualifying Financial Instruments
|
|
Resulting situation after the triggering transaction
|
|
Type of financial
instrument
|
Expiration
date
|
Exercise/
Conversion
Period
|
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
|
% of voting
rights
|
|
|
|
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
|
|
Resulting situation after the triggering transaction
|
|
Type of financial
instrument
|
Exercise
price
|
Expiration
date
|
Exercise/
Conversion
period
|
Number of voting
rights instrument
refers to
|
% of voting rights
|
|
|
|
|
|
|
Nominal
|
Delta
|
|
|
|
|
Total (A+B+C)
|
|
Number of voting rights
|
Percentage of voting rights
|
|
6,800,190
|
3.41%
|
|
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
|
|
Prelas AS - 4,657,000 (2.33%)
Prelas AS UK account - 1,387,672 (0.70%)
Trond Vegger - 550,400 (0.28%)
Preben Vegger - 205,118 (0.10%)
|
|
Proxy Voting:
|
|
10. Name of the proxy holder:
|
N/A
|
|
11. Number of voting rights proxy holder will cease to hold:
|
N/A
|
|
12. Date on which proxy holder will cease to hold voting rights:
|
N/A
|
|
13. Additional information:
|
|
|
14. Contact name:
|
TROND VEGGER
|
|
15. Contact telephone number:
|
+47 911 777 87
|
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLGGUUUMUPGGWW