29 Dec 2011 09:00
NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS
Â
A form TR-1 containing the following information has been received by the Company.
Â
TR-1 notification of major interests in shares
Â
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Â
Avocet Mining PLC
Â
2. Reason for the notification
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
Â
3. Full name of person(s) subject to the notification obligation:
Elliott International, L.P, Elliott Associates LP
Liverpool Limited Partnership
Â
4. Full name of shareholder(s) (if different from 3):
n/a
Â
5. Date of the transaction (and date on which the threshold
is crossed or reached if different):
22 December 2011
Â
6. Date on which issuer notified:
28 December 2011
Â
7. Threshold(s) that is/are crossed or reached:
19%
Â
8. Notified details:
Â
A: Voting rights attached to shares
Â
Â
Â
Class/type of shares  if possible using the ISIN CODE | Situation previous to the Triggering transaction | Resulting situation after the triggering transaction[1] | |||||
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 | 12.9189% |
Â
Â
Â
Â
Â
B: Financial Instruments
Â
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 | 12,097,773 | Nominal: 6.0825% | |||
Â
Â
Total (A+B+C)
Number of voting rights | % of voting rights |
37,792,810 | 19.0015% |
Â
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
n/a
Â
Proxy Voting:
10. Name of the Proxy holder:
n/a
Â
11. Number of voting rights proxy holder will cease to hold:
n/a
Â
12. Date on which proxy holder cease to hold voting rights:
n/a
Â
13. Additional information:
Â
Contact Name: Charles Eckley
Â
Telephone Number: 0203 009 1135
Â
Â
Â