24 Jan 2011 11:00
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:
Atlantic Coal Plc
2 Reason for the notification:
An acquisition or disposal of voting rights
and
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
3. Full name of person(s) subject to the notification obligation:
BlackRock, Inc.
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:
13 January 2011
6. Date on which issuer notified:
21 January 2011
7. Threshold(s) that is/are crossed or reached:
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 | |
GB00B142G994 | 69,010,000 | 69,010,000 |
Class/type of shares if possible using the ISIN CODE | Resulting situation after the triggering transaction | ||||
Number of shares | Number of voting rights | % of voting rights | |||
Direct | Direct | Indirect | Direct | Indirect | |
GB00B142G994 | 141,510,000 | - | 141,510,000 | - | 6.47% |
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction | ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights |
Warrant | GBP 0.65 | 13/01/2011- 13/01/2013 | 75,000,000 | 3.43% |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction | ||||||
Type of financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights | |
Nominal | Delta | |||||
- | - | - | - | - | - | - |
Total (A+B+C)
Number of voting rights | Percentage of voting rights |
216,510,000 | 9.90% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
BlackRock Investment UK Limited- 216,510,000 (9.90%)
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:
International Threshold Reporting Team
14. Contact name:
Andrew Manchester
15. Contact telephone number:
020 7743 5773 (andrew.manchester@blackrock.com)
Atlantic Coal (ATC)