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20 Mar 2013 16:31
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NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS
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A form TR-1 containing the following information has been received by the Company.
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TR-1 notification of major interests in shares
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
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Avocet Mining PLC
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2. Reason for the notification
An acquisition or disposal of voting rights
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3. Full name of person(s) subject to the notification obligation:
Van Eck Associates Corporation
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4. Full name of shareholder(s) (if different from 3):
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5. Date of the transaction (and date on which the threshold
is crossed or reached if different):
18th March 2013
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6. Date on which issuer notified:
20th March 2013
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7. Threshold(s) that is/are crossed or reached:
Below 5%
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8. Notified details:
A: Voting rights attached to shares
Class/type of shares Ā 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 | |||
Ā GB0000663038 | Ā 13,507,579 Ā | Ā 13,507,579 | Ā | Ā | Ā 0 | Ā | Ā 0% |
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B: Financial Instruments
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date | Exercise/ Conversion Period/ Date | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
N/A | N/A | N/A | N/A | N/A |
C:Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date | Exercise/ Conversion Period/ Date | Number of voting rights instrument refers to: | % of voting rights |
N/A | N/A | N/A | N/A Ā | N/A |
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Total (A+B+C)
Number of voting rights | % of voting rights |
Ā Below 5% | Ā Below 5% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
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Proxy Voting:
10. Name of the Proxy holder:
Glass Lewis & Co.
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11. Number of voting rights proxy holder will cease to hold:
n/a
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12. Date on which proxy holder cease to hold voting rights:
n/a
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13. Additional information:
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Contact Name: Russell Brennan
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Telephone Number: +1 212 293 2125
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