23 Dec 2009 16:32
Form TR-1 with annex. FSA Version 2.1
| For filings with the FSA include the annex For filings with issuer exclude the annex |
| TR-1: Notifications of Major Interests in Shares |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Cluff Gold PLC | ||
| 2. Reason for notification (yes/no) | |||
| An acquisition or disposal of voting rights | YES | ||
| An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | NO | ||
| An event changing the breakdown of voting rights | NO | ||
| Other (please specify):______________ | NO | ||
| 3. Full name of person(s) subject to notification obligation: | Ingalls & Snyder LLC ("I&S") | ||
| 4. Full name of shareholder(s) (if different from 3): | I&S, on behalf of its clients, has dispositive authority over (i.e. the power and authorisation to sell at I&S's discretion) 7,394,000 shares. | ||
| 5. Date of transaction (and date on which the threshold is crossed or reached if different): | December 22, 2009 | ||
| 6. Date on which issuer notified: | December 23, 2009 | ||
| 7. Threshold(s) that is/are crossed or reached: | Interest in excess of 6% of issued share capital. | ||
| 8: Notified Details | |||||||
| A: Voting rights attached to shares | |||||||
| Class/type of shares If possible use 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 | Percentage of voting rights | |||
| Direct | Indirect | Direct | Indirect | ||||
| Ordinary Shares ISIN GB00B04M1L91 | - | 7,394,000 | See note 4 above. I&S has dispositive authority over 7,394,000 shares. | - | 6.03% (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights). | - | |
| B: Financial Instruments N/A | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
| Total (A+B) | |
| Number of voting rights | Percentage of voting rights |
| 7,394,000 (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights.) | 6.03% (Note: For these purposes we have assumed that dispositive authority is equivalent to voting rights). |
| 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
| N/A |
| Proxy Voting: | |
| 10. Name of 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: | Edward H. Oberst Managing Director |
| 15. Contact telephone name: | (001) (212) 269 7812 |