20 Nov 2008 15:01
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:
West African Diamonds Plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( )
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) Due to increase in issued share capital : (X)
3. Full name of person(s) subject to the notification obligation:
Royal Bank of Scotland as Trustee of the BlackRock Gold & General Fund
(Note: Formerly known as Royal Bank of Scotland as Trustee of the Merill Lynch Gold & General Fund. Name change effective 28 April)
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):
N/A
6. Date on which issuer notified:
20 November 2008
7. Threshold(s) that is/are crossed or reached:
Holding has gone below 9%
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 |
| GB00B1CQN147 | 3,323,428 | 3,323,428 |
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 |
| 3,323,428 | 3,323,428 | 3,323,428 | n/a | 5.71% | n/a |
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 |
| 3,323,428 | 5.71% |
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:
Lousie Lyle
15. Contact telephone number:
0131 472 7472