African Eagle Resources PLC : Holding(s) in Company

For filings with the FCA include the
annex

For filings with issuer exclude the
annex


+-----------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) |
+-----------------------------------------------------------------+

+-------------------------------------------+---------------------+
|1. Identity of the issuer or the underlying| |
|issuer | African Eagle|
|of existing shares to which voting rights | Resources plc|
|are | |
|attached: (ii) | |
+-------------------------------------------+---------------------+
|2 Reason for the notification (please tick the appropriate box or|
|boxes): |
+-----------------------------------------------------------------+------------+
|An acquisition or disposal of voting rights |
+------------------------------------------------------------------------------+
|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 | Vestra Wealth LLP| |
|notification obligation: (iii) | | |
+------------------------------------+----------------------------+ |
|4. Full name of shareholder(s) | Vestra Nominees Ltd| |
|(if different from 3.):(iv) | | |
+------------------------------------+----------------------------+ |
|5. Date of the transaction and date | | |
|on | 1 September 2013| |
|which the threshold is crossed or | | |
|reached: (v) | | |
+------------------------------------+----------------------------+ |
|6. Date on which issuer notified: | 3 September 2013| |
+------------------------------------+----------------------------+ |
|7. Threshold(s) that is/are crossed | | |
|or | 3%| |
|reached: (vi, vii) | | |
+------------------------------------+----------------------------+------------+



+-----------+
|8. Notified|
|details: |
+-----------+
|A: Voting |
|rights |
|attached to|
|shares |
|(viii, ix) |
+-----------++-----------------+------------------------------------------------+
|Class/type |Situation |Resulting situation after the triggering |
|of |previous |transaction |
|shares |to the triggering| |
| |transaction | |
| +--------+--------+--------------+-----------------+---------------+
|if possible |Number |Number |Number |Number of voting |% of  voting |
|using |of |of |of shares |rights |rights (x) |
|the ISIN |Shares |Voting +--------------+--------+--------+------+--------+
|CODE | |Rights |Direct |Direct |Indirect|Direct|Indirect|
| | | | |(xi) |(xii) | | |
+------------+--------+--------+--------------+--------+--------+------+--------+
|Ordinary | | | | | | | |
| | | | | | | | |
|GB000339481 | | | | | | | |
+-----------+| | | | | | | |
  || | | | | | | |
+-----------+| | | | | | | |
|B: || | | | | | | |
|Qualifying ||25480654|25480654|15480654 |15480654|0 |2.23% |0 |
|Financial || | | | | | | |
|Instruments|| | | | | | | |
+-----------+| | | | | | | |
|Resulting || | | | | | | |
|situation || | | | | | | |
|after the || | | | | | | |
|triggering || | | | | | | |
|transaction|| | | | | | | |
+-----------++-+------+---+----+--------------++-------+--------+-+----+--------+
|Type of |Expiration|Exercise/ |Number of voting |% of voting |
|financial |date |Conversion Period |rights that may be|rights |
|instrument |(xiii) |(xiv) |acquired if the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+--------------+----------+--------------------+------------------+-------------+
|N/A | | | | |
+-----------+ | | | | |
  | | | | | |
+-----------+ | | | | |
|C: | | | | | |
|Financial | | | | | |
|Instruments| | | | | |
|with | | | | | |
|similar | | | | | |
|economic | | | | | |
|effect to | |  |  |  |  |
|Qualifying | | | | | |
|Financial | | | | | |
|Instruments| | | | | |
|(xv, xvi) | | | | | |
+-----------+ | | | | |
|Resulting | | | | | |
|situation | | | | | |
|after the | | | | | |
|triggering | | | | | |
|transaction| | | | | |
+-----------+-++-------+--+-------+----------+-+-----------------++-------------+
|Type of |Exercise|Expiration|Exercise/ |Number of voting |% of voting |
|financial |price |date |Conversion|rights instrument |rights (xix, |
|instrument | |(xvii) |period |refers to |xx) |
| | | |(xviii) | | |
| | | | |  |  |
+-------------+--------+----------+----------+-------------------+--------------+
| | | | | |Nominal |
|N/A | | | | +--------------+
| | | | |  | |
+-----------+ |  |  |  | | |
  | | | | |  |  |
+-----------+ | | | | | |
|Total | | | | | | |
|(A+B+C) | | | | | | |
+-----------+-+--------+----------++---------+-------------------+--------------+
|Number of voting rights |Percentage of voting rights |
+----------------------------------+--------------------------------------------+
|15480654 |2.23% |
+----------------------------------+--------------------------------------------+



+-----------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or |
|the |
|financial instruments are effectively held, if applicable: (xxi) |
+-----------------------------------------------------------------------------+
|Held by Vestra Nominees Ltd that is a wholly owned subsidiary of Vestra |
|Wealth LLP. |
| |
|  |
+-----------------------------------------------------------------------------+

+-----------------------------------------------------------------------------+
|Proxy Voting: |
+-----------------------------------------------------------------------------++
|10. Name of the proxy holder: |
+------------------------------------------------------------------------------+
|11. Number of voting rights proxy holder will cease |
|to hold: |
+------------------------------------------------------------------------------+
|12. Date on which proxy holder will cease to hold |
|voting rights: |
+-----------------------------------------------------------------------------+|
  ||
+-----------------------------+-----------------------------------------------+|
| | ||
|13. Additional information: | ||
+-----------------------------+-----------------------------------------------+|
|14. Contact name: | Sylvia Watson||
+-----------------------------+-----------------------------------------------+|
|15. Contact telephone number:| 020 3207 8408||
+-----------------------------+-----------------------------------------------++








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Source: African Eagle Resources plc via Thomson Reuters ONE
[HUG#1726882]