Holding(s) in Company

15 Feb 2008 13:27

GCM Resources PLC15 February 2008 Form TR-1 with annex. FSA Version 2.1 updated April 2007 For filings with the FSA include the annex For filings with issuer exclude the annex TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of GCM RESOURCES PLCexisting shares to which voting rights are attached: 2. Reason for notification (yes/no) An acquisition or disposal of voting rights Yes An acquisition or disposal of financial instruments which may result in the acquisition Noof shares already issued to which voting rights are attached An event changing the breakdown of voting rights No Other (please specify): No 3. Full name of person(s) subject to notification Polo Resources Limitedobligation: 4. Full name of shareholder(s) (if different from Cenkos Channel Islands Nominee Company Limited,3): Bank of New York Nominees Limited 5. Date of transaction (and date on which the 13 and 14 February 2008threshold is crossed or reached if different): 6. Date on which issuer notified: 15 February 2008 7. Threshold(s) that is/are crossed or reached: 3% and 4% direct, 6% and 7% including indirect 8: Notified Details A: Voting rights attached to sharesClass/type of Situation previous to the Resulting situation after the triggering transactionshares triggering transaction Number of Number of Number of Number of voting rights Percentage of votingIf possible shares voting shares rightsuse ISIN code rights Direct Indirect Direct Indirect ORD. Less than 3% Less than 3% 2,227,948 2,227,948 1,675,000 4.56% 3.43% direct direct B: Financial InstrumentsResulting situation after the triggering transactionType of financial Expiration date Exercise/ No. of voting rights that Percentage ofinstrument conversion period/ may be acquired (if the voting rights date instrument exercised/ converted) N/A Total (A+B) Number of voting rights Percentage of voting rights 3,902,948 7.99% 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectivelyheld, if applicable: Polo Resources Limited owns its interest through its wholly owned subsidiary, Polo Bangladesh Limited. Proxy Voting: 10. Name of proxy holder: N/A 11. Number of voting rights proxy holder will ceaseto hold: 12. Date on which proxy holder will cease to holdvoting rights: 13. Additional information: None 14 Contact name: D. Smith 15. Contact telephone name: +44 (0)20 7917 8510 For notes on how to complete form TR-1 please see the FSA website. This information is provided by RNS The company news service from the London Stock Exchange