Stellar Diamonds Regulatory News (STEL)

15 Nov 2007 11:11

West African Diamonds PLC15 November 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: 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: ( X ) An acquisition or disposal of financial instruments which may result in theacquisition 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 Ltd 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 19 September 2007 6. Date on which issuer notified: 15 November 2007 7. Threshold(s) that is/are crossed or reached: 6% to nil 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the Triggering transactionusing the ISIN CODE Number of shares Number of voting Rights GB00B1CQN147 2,500,000 2,500,000 Resulting situation after the triggering transaction Class/type of shares if Number of shares Number of voting rights % of voting rightspossible using the ISIN CODE Direct Direct Indirect Direct Indirect Nil Nil Nil Nil Nil B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rightsfinancial Period/ Date that may be acquired if theinstrument instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights Nil Nil 9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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: Placing participation for shares admitted to trading 17 September 2007. All ofthe shares have been sold to certain of our private clients, with City Equitiesacting as Principal. FSA has already been informed about the oversight that hasled to this late filing of our shareholding notice. 14. Contact name: Andrew Thacker 15. Contact telephone number: 020 7489 5500 This information is provided by RNS The company news service from the London Stock Exchange