RIT Capital Partners Regulatory News (RCP)

16 May 2007 17:51

Galahad Gold Plc16 May 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: GALAHAD GOLD PLC 2. Reason for the notification (please state Yes/No): ( ) 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) : ( )APPLICATION OF DISCLOSURE TRANSPARENCY RULES 3. Full name of person(s) subject to the notification obligation: RIT CAPITAL PARTNERS PLC 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction and date on which the threshold is crossed or reachedif different): 11 MAY 2007 6. Date on which issuer notified: 16 MAY 2007 7. Threshold(s) that is/are crossed or reached: 4% OF VOTING RIGHTS 8. Notified details: DISPOSAL OF 2,550,000 SHARES A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction Number of shares Number of voting Rights ORDINARYGB0030017320 31,283,334 31,283,334 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rights if possible using the ISIN CODE Direct Direct Indirect Direct Indirect ORDINARYGB0030017320 28,733,334 28,733,334 NIL 3.73 NIL B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting % of voting financial Period/ Date rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 28,733,334 3.73 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: ALL VOTING RIGHTS THE SUBJECT OF THIS NOTIFICATION ARE THOSE OF RIT CAPITALPARTNERS PLC, THE BENEFICIAL HOLDER OF THE SHARES TO WHICH THEY RELATE 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: CHRISTOPHER WISE 15. Contact telephone number: 020 7514 1944 This information is provided by RNS The company news service from the London Stock Exchange