6 Jun 2012 10:00
NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS
A form TR-1 containing the following information has been received by the Company.
TR-1 notification of major interests 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
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
3. Full name of person(s) subject to the notification obligation:
Elliott International, L.P, Elliott Associates LP
Liverpool Limited Partnership
4. Full name of shareholder(s) (if different from 3):
n/a
5. Date of the transaction (and date on which the threshold
is crossed or reached if different):
30th May 2012
6. Date on which issuer notified:
1st June 2012
7. Threshold(s) that is/are crossed or reached:
26%
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 | |||
GB0000663038 | 25,695,037 | 25,695,037 | 25,695,037 | 25,695,037 | 12.9152% | ||
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 | |||
CFD over Ordinary Shares GB0000663038 | N/A | N/A | 26,188,233
| Nominal: 13.1631% | |||
Total (A+B+C)
Number of voting rights | % of voting rights |
51,883,270 | 26.0783% |
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 the Proxy holder:
n/a
11. Number of voting rights proxy holder will cease to hold:
n/a
12. Date on which proxy holder cease to hold voting rights:
n/a
13. Additional information:
Contact Name: Charles Eckley
Telephone Number: 0203 009 1135