REGENCY MINES PLC
Holding in Company
Dated: 26 September 2008
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:
Regency Mines plc
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights: |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: |
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An event changing the breakdown of voting rights: |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation:
City Equities Limited
4. Full name of shareholder(s) (if different from 3.):
N/A
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
19 September 2008 (Placing participation) - 25 September 2008 (Subsequent sales)
6. Date on which issuer notified:
25 September 2008
7. Threshold(s) that is/are crossed or reached:
10% to 6%
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 |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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GB00B067NB67 |
25,000,000 |
25,000,000 |
14,845,000 |
14,845,000 |
nil |
6.04% |
nil |
B. Financial Instruments:
Resulting situation after the triggering transaction:
Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted |
% of voting rights |
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Total (A+B)
Number of voting rights % of voting rights
14,845,000 6.04%
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: n/a
11. Number of voting rights proxy n/a
holder will cease to hold:
12. Date on which proxy holder n/a
will cease to hold voting
rights:
13. Additional information:
Placing participation, the shares of which were admitted to trading on AIM 23 January 2008. All of
these shares have been sold to certain of our private customers, with City Equities Limited acting as
Principal.
14. Contact name: Andrew Thacker
15. Contact telephone number: 020 7489 5555
Enquiries:
Andrew Bell |
0207 402 4580 or 07766 474849 |
Regency Mines plc |
Chairman |
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John Simpson |
020 7489 4500 |
Blomfield Corporate Finance Ltd |
Nominated Adviser |
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Ron Marshman / John Greenhalgh |
020 7011 9411 |
Lothbury Financial Limited |
Public Relations |
Updates on the Company's activities are regularly posted on Regency's website, www.regency-mines.com.