Holding(s) in Company

RNS Number : 4870T

Hochschild Mining PLC

05 June 2009

 



For filings with the FSA include the annex

For filings with issuer exclude the annex

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:

Hochschild Mining Plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		Yes
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:	Altima Partners LLP
4. Full name of shareholder(s) (if different from 3.):	The shares are held by Altima Global Special Situations Master Fund Limited.
5. Date of the transaction and date on which the threshold is crossed or reached:	3 June 2009
6. Date on which issuer notified:	5 June 2009
7. Threshold(s) that is/are crossed or reached:	4%

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
Ordinary Shares GB00BIFW5029	14,800,175	4.82%			12,003,175		3.91%

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

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
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
12,003,175		3.91%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Altima Partners LLP is the Investment Advisor to the Altima Global Special Situations Master Fund Limited. The Corporate Member of Altima Partners LLP is Altima Services UK Limited which is owned and controlled by Altima International Limited. The voting share capital of Altima International Limited is held 50/50 by Mark Donegan and Dominic Redfern.

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:	Raj Bhasin, Company Secretary Hochschild Mining plc
15. Contact telephone number:	0207 907 2930

 

END

 

 

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