Last checked at 5 Jun 2009 17:10
| For filings with the FSA include the annex |
| For filings with issuer exclude the annex |
| 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 |
| 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 |
| |
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
| |
| An event changing the breakdown of voting rights |
| |
| Other (please specify): |
|
|
| 3. Full name of person(s) subject to the notification obligation: |
Altima Partners LLP |
| 4. Full name of shareholder(s) (if different from 3.): | The shares are held by Altima Global Special Situations Master Fund Limited. |
| 5. Date of the transaction and date on which the threshold is crossed or reached: | 3 June 2009 |
| 6. Date on which issuer notified: | 5 June 2009 |
| 7. Threshold(s) that is/are crossed or reached: | 4% |
| 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 | |||
| Ordinary Shares GB00BIFW5029 | 14,800,175 | 4.82% | 12,003,175 | 3.91% | |||
| 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 |
|
|
|
|
|
|
| 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 | |
|
|
|
|
|
| Nominal | Delta |
|
|
| |||||
| Total (A+B+C) | |||
| Number of voting rights | Percentage of voting rights | ||
| 12,003,175 | 3.91% | ||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
| Altima Partners LLP is the Investment Advisor to the Altima Global Special Situations Master Fund Limited. The Corporate Member of Altima Partners LLP is Altima Services UK Limited which is owned and controlled by Altima International Limited. The voting share capital of Altima International Limited is held 50/50 by Mark Donegan and Dominic Redfern. |
| Proxy Voting: | |
| 10. Name of the proxy holder: |
|
| 11. Number of voting rights proxy holder will cease to hold: |
|
| 12. Date on which proxy holder will cease to hold voting rights: |
|
| 13. Additional information: |
|
| 14. Contact name: | Raj Bhasin, Company Secretary Hochschild Mining plc |
| 15. Contact telephone number: | 0207 907 2930 |