14 Oct 2009 18:27
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: |
Hochschild Mining plc ("the Company") |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | Yes | |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | No | |
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | No | |
An event changing the breakdown of voting rights | Yes (an issue of shares by the Company) | |
Other (please specify): |
| No |
3. Full name of person(s) subject to the notification obligation: |
Eduardo Hochschild |
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: | 12 October 2009 |
6. Date on which issuer notified: | 14 October 2009 |
7. Threshold(s) that is/are crossed or reached: | 59% to 53.96% |
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 | Indirect | Direct | Indirect | ||||
Ordinary Shares GB00B1FW5029 | 181,350,426 | 181,350,426 | 182,415,206 | 182,415,206 | 53.96% |
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 |
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|
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction | ||||||
Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights | |
N/A |
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|
|
| Nominal | Delta |
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Total (A+B+C) | |||
Number of voting rights | Percentage of voting rights | ||
182,415,206 | 53.96% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
Pelham Investment Corporation ("Pelham") directly owns 182,415,206 Ordinary Shares of the Company. Eduardo Hochschild controls the board of Pelham and indirectly beneficially owns 100% of the share capital of Pelham. |
Proxy Voting: | |
10. Name of the proxy holder: | N/A |
11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: | |
14. Contact name: | Raj Bhasin, Company Secretary, Hochschild Mining plc |
15. Contact telephone number: | 020 7907 2930 |