2 Oct 2008 09:24
REGENCY MINES PLC
Holding in Company
Dated: 2 October 2008
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to
which voting rights are attached:
Regency Mines 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 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:
City Equities Limited
4. Full name of shareholder(s) (if different from 3.):
N/A
5. Date of the transaction (and date on which the threshold is crossed
or reached if different):
30 September 2008
6. Date on which issuer notified:
1 October 2008
7. Threshold(s) that is/are crossed or reached:
5%
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 | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Indirect | Direct | Indirect | ||||
| GB00B067NB67 | 12,495,000 | 12,495,000 | 10,000,000 | 10,000,000 | nil | 4.07% | nil |
B. Financial Instruments:
Resulting situation after the triggering transaction:
| Type of | Expiration | Exercise/ | Number of voting | % of voting |
| financial | date | Conversion | rights that may be | rights |
| instrument | Period/Date | acquired if the instrument is exercised/ converted | ||
|
| ||||
|
| ||||
Total (A+B)
Number of voting rights % of voting rights
10,000,000 4.07%
9. Chain of controlled undertakings through which the voting rights and/
or the financial instruments are effectively held, if applicable:
n/a
Proxy Voting
10. Name of the proxy holder: n/a
11. Number of voting rights proxy n/a
holder will cease to hold:
12. Date on which proxy holder n/a
will cease to hold voting
rights:
13. Additional information:
Shares have been sold to certain clients, with City Equities Limited acting as principal.
14. Contact name: Andrew Thacker
15. Contact telephone number: 020 7489 5555
Enquiries:
| Andrew Bell | 0207 402 4580 or 07766 474849 | Regency Mines plc | Chairman |
| John Simpson | 020 7489 4500 | Blomfield Corporate Finance Ltd | Nominated Adviser |
| Ron Marshman / John Greenhalgh | 020 7011 9411 | Lothbury Financial Limited | Public Relations |
Updates on the Company's activities are regularly posted on Regency's website, www.regency-mines.com.