Last checked at 16 Oct 2008 13:15
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:
Pan Andean Resources plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: (X)
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: ( )
Other (please specify) : ( )
3. Full name of person(s) subject to the notification obligation:
Paul Anthony Bell
4. Full name of shareholder(s) (if different from 3.) :
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
13 October 2008
6. Date on which issuer notified:
14 October 2008
7. Threshold(s) that is/are crossed or reached:
3%
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 | |
|
| Number of shares | Number of voting Rights |
| Ord GBP 0.01 GB0006688518 | 3,425,000 | 3,425,000 |
Resulting situation after the triggering transaction
| Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights | ||
|
| Direct | Direct | Indirect | Direct | Indirect |
| Ord GBP 0.01 GB0006688518 | 3,675,000 | 3,675,000 | 3.1% | ||
B: Financial Instruments
Resulting situation after the triggering transaction
| Type of financial instrument | Expiration Date | Exercise/Conversion Period/ Date | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
Total (A+B)
| Number of voting rights | % of voting rights |
| 3,675,000 | 3.1% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
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:
Anthony E. Lappin
15. Contact telephone number:
0161 819 8881