Metals Exploration Regulatory News (MTL)

16 Apr 2007 07:00

Metals Exploration PLC16 April 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existingshares to which voting rights are attached: Metals Exploration plc 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):___________________________________________ 3. Full name of person(s) subject to the New City Investment Managers Limited notification obligation: 4. Full name of shareholder(s) HSBC Global Custody Nominee (UK) Ltd. (if different from 3.) (Account 993791) 5. Date of the transaction (and date on which 02/04/2007 the threshold is crossed or reached if different) 6. Date on which issuer notified: 04/04/2007 7. Threshold(s) that is/are crossed or reached: 3% 8. Notified details: - A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transaction(i)shares the Triggering transaction if possible Number of Number of Number of Number of voting rights % of voting rightsusing the ISIN Shares Voting sharesCODE Rights Direct Direct x Indirect Direct Indirect GB00B0394F60 800,000 800,000 2,450,000 - 2,450,000 - 2,450,000 B: Financial InstrumentsResulting situation after the triggering transactionType of financial Expiration date Exercise/ Conversion Number of voting rights % of votinginstrument Period/ Date that may be acquired if rights the instrument is exercised/ converted. - Total (A+B)Number of voting rights % of voting rights 2,450,000 3.15 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectivelyheld, if applicable:- Proxy Voting: 10. Name of the proxy holder: New City Investment Managers Limited 11. Number of voting rights proxy holder will cease to hold: n/a 12. Date on which proxy holder will cease to hold voting rights: n/a 13. Additional information: - 14. Contact name: Mike Bassi, F&C Asset Management plc, Administrator and Company Secretary for City Natural Resources High Yield Trust plc 15. Contact telephone number: 0131 718 1093 Annex Notification Of Major Interests In SharesA: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities) Metals Exploration plc Contact address (registered office for legal entities) Portland House, 4 Great Portland Street, London, W1W 8QJ Phone number Tel: 0207 927 6690 Fax: 0207 927 6698 Other useful information (at least legal representative for legalpersons) B: Identity of the notifier, if applicableFull name F&C Asset Management plc, Administrator and Company Secretary for City Natural Resources High Yield Trust plc Contact address 80 George Street, Edinburgh EH2 3BU Phone number 0131 718 1093 Other useful information (e.g. functional relationship with theperson or legal entity subject to the notification obligation) C: Additional information -------------------------- This information is provided by RNS The company news service from the London Stock Exchange