SOURCE: Serabi Gold plc

Serabi Gold plc

January 27, 2012 03:00 ET

Serabi Gold plc - Holdings in Company

LONDON--(Marketwire - Jan 27, 2012) - Serabi Mining plc (AIM: SRB) (TSX: SBI) (TSX: SBI.WT)

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
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
25 January 2012
6. Date on which issuer notified: 26 January 2012
7. Threshold(s) that is/are crossed or
reached: vi, vii
previously 22.02%
8. Notified details:
A: Voting rights attached to shares viii, 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
GB00B4T0YL77 11,590,000 11,590,000 18,851,000 20.71%
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 the
instrument is
exercised/ converted.
% of voting
rights
Convertible loan note 31 Oct 2014 exercisable 2,000,000 2.19%
Warrants (GB00B4KL4207) 2 Dec 2012 exercisable 500,000 0.55%
Warrants (unlisted) 24 January 2014 exercisable 937,500 1.03%
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
Total (A+B+C)
Number of voting rights Percentage of voting rights
22,288,500 24.49%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Shares held via Greenwood Investments Ltd.
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

  • Christopher Kingsman
    020 3287 2323