Serabi Gold plc : Holding(s) in Company

For filings with the FCA 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					X
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		(I) INVERSIONES MEGEVE CAPITAL LIMITADA; (II) FRATELLI INVESTMENTS LIMITED
4. Full name of shareholder(s) (if different from 3.):iv		FRATELLI INVESTMENTS LIMITED
5. Date of the transaction and date on which the threshold is crossed or reached:v		4 March 2014
6. Date on which issuer notified:		4 March 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		41% to 56%

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

ORDINARY SHARES GB00B4T0YL77

184,695,647

184,695,647

337,195,647

337,195,647

0

51.37%

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

WARRANTS (UNLISTED)

4 MARCH 2016

EXERCISABLE

76,250,000

11.39%* (see 13, below)

WARRANTS (UNLISTED)

17 JANUARY 2015

EXERCISABLE

8,135,035

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

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

421,580,682

56.91% *(see 13, below)

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Fratelli Investments Limited is the shareholder, which directly holds the ordinary shares and warrants set out in the notice above and makes this notification. Fratelli Investments Limited is a 99.9% owned subsidiary of Inversiones Menevado Dos Limitada. Inversiones Menevado Dos Limitada is a 61.7% owned subsidiary of Inversiones Megeve capital Limitada and 38.3% owned by Inversiones Menevado Limitada. Inversiones Menevado Limitada is a 96.92% owned subsidiary of Inversiones Megeve Capital Limitada.  Inversiones Megeve Capital Limitada therefore indirectly holds the shares and warrants set out in this notification through the chain of controlled undertakings set out above.
Proxy Voting:
10. Name of the proxy holder:		N/A
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:	* The total number of voting rights has been calculated on the basis of the resulting dilution of the overall number of voting rights in the issuer that would occur in the event of such exercise/ conversion of the warrants.
14. Contact name:	Viviana Rubia
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: Serabi Gold plc via Globenewswire

HUG#1767254