Holding(s) in Company

RNS Number : 5236Y

Aurum Mining PLC

23 December 2010

 



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:		Aurum Mining 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:			JSC Compass Asset Management ("JSC") See para 13 for further information
4. Full name of shareholder(s) (if different from 3.):			Morstan Nominees Limited
Nominee	Holder		Shares Held			Management Company *
Morstan Nominees Limited Morstan Nominees Limited	Tau Capital plc Kazakh Compass Fund, Ltd.		5,812,430 1,694,370			CAM CAM
* see paragraph 13 for further information
5. Date of the transaction and date on which the threshold is crossed or reached:				22 December 2010
6. Date on which issuer notified:				23 December 2010
7. Threshold(s) that is/are crossed or reached:				13%

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

GB00B00T3528

7,506,800

7,506,800

7,156,800

7,156,800

13.90%

(Note: figures shown are for the resulting situation after each triggering transaction.  The resulting situation after the most recent triggering transaction was therefore a 3,116,000 indirect holding, representing 6.49% of total voting rights in the issuer.)

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

7,156,800

13.90%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
JSC is the parent undertaking of Compass Asset Management Ltd. ("CAM").  See paragraph 13 for further details.
Compass Asset Management Ltd.	Nominee Morstan Nominees Limited			Shares Held 7,156,800
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:		Tau Capital plc and Kazakh Compass Fund, Ltd. hold the shares in respect of which this notification is given through the nominee companies named in paragraph 4 above. JSC Compass Asset Management ("JSC") is the parent undertaking of Compass Asset Management Ltd. ("CAM"). CAM is the investment manager of Kazakh Compass Fund and investment advisor of Tau Capital plc.
14. Contact name:		Daniyar Uspanov
15. Contact telephone number:		[phone]

 

END

 

 

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