Ariana Resources plc : Holding(s) in Company

31 December 2015
AIM: AAU

HOLDINGS IN COMPANY

The Board of Ariana Resources plc announces that the Company today received the following TR-1 notification which is set out below without amendment.

Contacts:

Ariana Resources plc	Tel: +44 (0) 20 7407 3616
Michael de Villiers, Chairman
Kerim Sener, Managing Director
Beaumont Cornish Limited	Tel: +44 (0) 20 7628 3396
Roland Cornish / Felicity Geidt
Beaufort Securities Limited	Tel: +44 (0) 20 7382 8300
Jon Belliss
Loeb Aron & Company Ltd.	Tel: +44 (0) 20 7628 1128
John Beresford-Peirse / Dr. Frank Lucas
IFC Advisory	Tel: +44 (0) 20 3053 8671
Tim Metcalfe/Graham Herring/Heather Armstrong

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:						Ariana Resources 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:					Lanstead Capital LP
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:					30 December 2015
6. Date on which issuer notified:					3 December 2015
7. Threshold(s) that is/are crossed or reached:					12%, 11%, 10%, 9%, 8%
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			Resulting situation after the triggering transaction
	Number of Shares		Number of Voting Rights	Number of shares		Number of voting rights		% of  voting rights
				Direct		Direct	Indirect	Direct	Indirect
GB00B085SD50	101,097,131		101,097,131	59,835,468		59,835,468		7.46%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument		Expiration date		Exercise/ Conversion Period				Number of voting rights that may be acquired if the instrument is exercised/ converted.		% of voting rights
N/A
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price		Expiration date		Exercise/ Conversion period		Number of voting rights instrument refers to		% of voting rights
N/A									Nominal		Delta
Total (A+B+C)
Number of voting rights						Percentage of voting rights
59,835,468						7.46%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
N/A
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:	Lisa De Vargas, Lanstead Partners Limited
15. Contact telephone number:	[phone]

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ariana Resources plc via Globenewswire

HUG#1976299