Serabi Mining plc - Holdings in Company
01.08.2011 | Marketwire
LONDON -- (Marketwire - Aug 1, 2011) - Serabi Mining plc (AIM: SRB) (TSX: SBI) (TSX: SBI.WT)TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii Serabi Mining plc
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 X
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii Christopher Kingsman
4. Full name of shareholder(s)
(if different from 3.):iv Greenwood Investments Ltd
5. Date of the transaction and date on which the threshold is crossed or reached: v 27 July 2011
6. Date on which issuer notified: 28 July 2011
7. Threshold(s) that is/are crossed or reached: vi, vii previously 20.49%
8. Notified details:
A: Voting rights attached to sharesviii, ix
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 x
Direct Direct xi Indirect xii Direct Indirect
GB00B4T0YL77 10,610,000 10,610,000 10,945,000 17.10%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument Expiration
date xiii Exercise/ Conversion Period xiv Number of voting rights that may be acquired if the instrument is exercised/ converted. % of voting rights
Convertible loan note 31 Oct 2014 exercisable 2,000,000
3.13%
Warrants (GB00B4KL4207) 2 Dec 2012 exercisable 500,000
0.78%
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument Exercise price Expiration date xvii Exercise/ Conversion period xviii Number of voting rights instrument refers to % of voting rights xix, xx
Total (A B C)
Number of voting rights Percentage of voting rights
13,110,000 21.01%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Christopher Kingsman is the controlling shareholder of Greenwood Investments Ltd
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: Christopher Kingsman
15. Contact telephone number: 020 3287 2323
Contact Information
Christopher Kingsman
020 3287 2323