Iofina Regulatory News (IOF)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Iofina Plc

2. Reason for the notification (please tick the appropriate box or boxes): n/a see additional information

An acquisition or disposal of voting rights 

Yes

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

3. Full name of person(s) subject to the notification obligation:

Arron Banks. 

Paul Chase Gardener

4. Full name of shareholder(s) (if different from 3.):

Southern Rock Insurance Co. Ltd  Rene Nominees Ltd Arron Banks Rock Nominee Ltd 

Barclays Stock Brokers Ltd

5. Date of the transaction and date on which the threshold is crossed or reached:

4th November 2008  

6. Date on which issuer notified:

6th November 2008    

7. Threshold(s) that is/are crossed or reached:

Under 4% - correction of previous disclosure

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 viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Direct  x

Indirect xi

Direct

Indirect

GB00B2QL5C79

Ord 1p

4,031,900 4.3%

0

0

2,578,900

0%

2.75%

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Spread Bet (Arron Banks)

16/12/08

1,083,000

1.15%

Total (A+B)

Number of voting rights

% of voting rights

3,661,900

3.90%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv:

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:

Includes correction of previous disclosure dated 8th Oct 08 which overstated holdings due to clerical error

14. Contact name:

Christine Shipway +44 (0) 1454 634 853