SOURCE: Serabi Gold plc

Serabi Gold plc

January 30, 2012 11:00 ET

Director/PDMR Shareholding

LONDON--(Marketwire - Jan 30, 2012) -

This Form TR1 is issued by Serabi Gold plc in satisfaction of UK Regulatory Requirements

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 Serabi 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 Christopher Kingsman
4. Full name of shareholder(s) (if different from 3.):iv Greenwood Investments Ltd
5. Date of the transaction and date on which the threshold is crossed or reached:v 26 January 2012
6. Date on which issuer notified: 28 January 2012
7. Threshold(s) that is/are crossed or reached:vi, vii previously 24.49%
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 rightsx
Direct Direct xi Indirect xii Direct Indirect
GB00B4T0YL77 18,851,000 18,851,000 0 0%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument Expiration datexiii Exercise/ Conversion Periodxiv Number of voting rights that may be acquired if the instrument is exercised/ converted. % of voting rights
Convertible loan note 31 Oct 2014 NIL 0%
Warrants (GB00B4KL4207) 2 Dec 2012 NIL 0%
Warrants (unlisted) 23 January 2014 NIL 0%
C: Financial Instruments with similar economic effect to Qualifying Financial Instrumentsxv, xvi
Resulting situation after the triggering transaction
Type of financial instrument Exercise price Expiration datexvii Exercise/ Conversion periodxviii Number of voting rights instrument refers to % of voting rightsxix, xx
Total (A+B+C)
Number of voting rights Percentage of voting rights
NIL 0%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Greenwood Investments Ltd has sold its shares, warrants and loan note to Anker Holding AG. Anker Holding is beneficially owned by Anna Kingsman, wife of Christopher Kingsman, non-executive director of Serabi Gold.
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: Christopher Kingsman
15. Contact telephone number: 020 3287 2323

Contact Information

  • Contact:
    Christopher Kingsman
    020 3287 2323