15 Mar 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 voting rights
3. Full name of person(s) subject to the notification obligation:
Bank of America Corporation
4. Full name of shareholder(s) (if different from 3):
Merrill Lynch International
5. Date of the transaction (and date on which the threshold
is crossed or reached if different):
12thMarch 2012
6. Date on which issuer notified:
14thMarch 2012
7. Threshold(s) that is/are crossed or reached:
Below 8%
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 | 17,125,987 | 17,125,987 | 15,828,070 | 15,828,070 | 0 | 7.96% | 0 |
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
| N/A |
Total (A+B+C)
Number of voting rights | % of voting rights |
15,828,070 | 7.96% |
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: Kim Oakley
Telephone Number: 0207 9960275