27 Oct 2011 13:06
TR-1: Notifications of Major Interests in Shares | |||
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Sierra Rutile Limited
| ||
2. Reason for notification (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): Dilution due to share capital increase |
| ||
3. Full name of person(s) subject to notification obligation: | Pala Investments Holdings Limited | ||
4. Full name of shareholder(s) (if different from 3): | Vidacos Nominees Limited
| ||
5. Date of transaction (and date on which the threshold is crossed or reached if different): |
27 October 2011 | ||
6. Date on which issuer notified: | 27 October 2011
| ||
7. Threshold(s) that is/are crossed or reached: | 47%
| ||
8: Notified Details | |||||||
A: Voting rights attached to shares
| |||||||
Class/type of shares If possible use 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 | Percentage of voting rights | |||
Direct |
Indirect |
Direct |
Indirect | ||||
VGG812641063
| 234,378,877 | 234,378,877 | 237,238,877 | 47.49%
| |||
B: Financial Instruments
| ||||
Resulting situation after the triggering transaction
| ||||
Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
Total (A+B)
| |
Number of voting rights | Percentage of voting rights |
237,238,877 | 47.49%
|
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 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:
| Colin Murray Pala Investments AG |
15. Contact telephone number :
| +41 41 560 9070 |