Cluff Gold plc
TSX : CFG

Cluff Gold plc

October 12, 2010 12:46 ET

Cluff Gold Notification of Major Interest in Shares

LONDON, UNITED KINGDOM--(Marketwire - Oct. 12, 2010) - Cluff Gold PLC (TSX:CFG) -

For filings with the FSA include the annex    
For filings with issuer exclude the annex    
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
     
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii   Cluff Gold PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights   X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached    
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments    
An event changing the breakdown of voting rights    
Other (please specify):    
3. Full name of person(s) subject to the notification obligation: iii    
4. Full name of shareholder(s) (if different from 3.):iv   Libra Advisors, LLC
5. Date of the transaction and date on which the threshold is crossed or reached: v   October 6, 2010
6. Date on which issuer notified:   October 11, 2010
7. Threshold(s) that is/are crossed or reached: vi, vii   10%
     
8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/
type of
shares if possible using the 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 % of voting rights x
Direct   Direct xi Indirect xii Direct Indirect
Ordinary Shares of 1 pence each ISIN: GB00B04M1L91   11,105,729   11,105,729   14,605,729   14,605,729   11.9%  
 
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument   Expiration date xiii   Exercise/ Conversion Period xiv Number of voting rights that may be acquired if theinstrument isexercised/ converted. % of voting rights
             
 
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument   Exercise price   Expiration date xvii   Exercise/ Conversion period xviii   Number of voting rights instrument refers to % of voting rights xix, xx
                  Nominal Delta
   
 
Total (A+B+C)
Number of voting rights   Percentage of voting rights
14,605,729   11.9%
                       
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Libra Fund, LP: 12,457,729 Libra Offshore Master Fund, LP: 2,148,000
 
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease to hold: N/A
12. Date on which proxy holder will cease to hold voting rights: N/A
 
13. Additional information:  
14. Contact name: Ranjan Tandon
15. Contact telephone number: 212-350-5125
   
Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in sharesxxii
 
A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)
Contact address (registered office for legal entities)
Phone number & email
Other useful information (at least legal representative for legal persons)
 
B: Identity of the notifier, if applicable
Full name
Contact address
Phone number & email
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)
 
C: Additional information
 
For notes on how to complete form TR-1 please see the FSA website.

Contact Information

  • Cluff Gold plc
    Catherine Apthorpe
    Commercial Manager
    +44 (0) 20 7340 9790