5 Jan 2010 09:00
TR-1: NOTIFICATION OF MAJOR INTEREST 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 (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | X | |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: | J P Morgan Asset Management Holdings Inc |
4. Full name of shareholder(s) (if different from 3.): | J P Morgan Asset Management (UK) Limited |
5. Date of the transaction and date on which the threshold is crossed or reached: | 24th December 2009 |
6. Date on which issuer notified: | 29th December 2009 |
7. Threshold(s) that is/are crossed or reached: | 5% Downwards |
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 | 12,150,000 | 12,150,000 | 9,632,062 |
| 9,632,062 |
| 4.96% |
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B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date | Exercise/ Conversion Period | 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 |
Total (A+B) | |
Number of voting rights | Percentage of voting rights |
9,632,062 | 4.96% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
Total disclosable holding for JP Morgan Asset Management Holdings Inc: 9,632,062 (4.96%) |
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 will cease to hold voting rights: | n/a |
13. Additional information: |
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14. Contact name: | Miss Jay Supaya |
15. Contact telephone number: | +44 20 7325 4513 |