Serabi Gold plc : Director/PDMR Shareholding

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 rights x

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 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

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 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

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

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Source: Serabi Gold plc via Thomson Reuters ONE

HUG#1581076