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Pin to quick picksIofina Regulatory News (IOF)

Share Price Information for Iofina (IOF)

London Stock Exchange
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Share Price: 21.50
Bid: 20.50
Ask: 22.50
Change: -0.15 (-0.71%)
Spread: 2.00 (9.756%)
Open: 21.25
High: 21.10
Low: 21.00
Prev. Close: 21.25
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Holding(s) in Company

30 Oct 2008 15:39

RNS Number : 0780H
Iofina PLC
30 October 2008
 



TR-1: notification of major interests in shares 

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.  

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

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

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

8th October 2008  

6. Date on which issuer notified:

15th October 2008    

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 viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Direct  x

Indirect xi

Direct

Indirect

GB00B2QL5C79

Ord 1p

2,891,900 3.08%

0

0

2,948,900

0%

3.14%

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

1.16%

Total (A+B)

Number of voting rights

% of voting rights

4,031,900

4.3%

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

Rene Nominees Ltd (Southern Rock Insurance Co. Ltd)

1,980,000 Shares 2.12 %

Arron Banks

1,083,000 Shares  1.15%

Rock Nominees ( Paul Chase Gardner) 283,900 Shares 0.30%

Rene Nominees Ltd (Arron Banks)

685,000 Shares 0.73%

Both Arron Banks and Paul Chase-Gardner are connected to Southern Rock Insurance Company Ltd, being  major shareholders in Southern Rock Insurance Company Ltd.

Therefore, together Southern Rock Insurance Company Paul Chase Gardner and Arron Banks are interested in 4,031,900 shares in Iofina Ltd, representing approximately 4.3% of the Company's issued share capital.

Based on issued share capital of : 93,816,114 shares

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:

Beverley Field +44 (0) 1454 634 853

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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