Holding(s) in Company

RNS Number : 3041M

Thor Mining PLC

27 January 2009

 

THOR MINING PLC

Holding in Company

Dated: 27 January 2009

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:

    Thor Mining PLC

2.    Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights:
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached:	-
An event changing the breakdown of voting rights:	-
Other (please specify):	-

3.    Full name of person(s) subject to the notification obligation:

    City Equities Ltd


 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):

    26 January 2009 (Placing participation)

6.    Date on which issuer notified:

    26 January 2009 (Date shares admitted to trading on AIM)


 7.  Threshold(s) that is/are crossed or reached:

    Below 3%

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 viii	Number of shares	Number of voting rights ix		% of voting rights
				Direct  x	Indirect xi	Direct	Indirect
GB00B1DXJ95	15,000,000	15,000,000	4,227,000	4,227,000	-	2.47%	-

    B. Financial Instruments:

    Resulting situation after the triggering transaction:

Type of	Expiration	Exercise/	Number of voting	% of voting
financial	date	Conversion	rights that may be	rights
instrument		Period/Date	acquired if the
			instrument is exercised/
			converted

    Total (A+B)

    Number of voting rights            % of voting rights

    4,227,000                                        2.47%

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 of 15m shares (announced on 20 January 2009). Shares were subsequently sold to certain clients, with City Equities Limited acting as Principal. The shares were admitted on 26 January 2009.

14.    Contact name:            Chris Richards

15.    Contact telephone number:        020 7489 5555

Enquiries:

Mick Billing	+ 61 (0)414 741 007	Thor Mining PLC	Executive Chairman
Damian Delaney	[phone]	Thor Mining PLC	Company Secretary
John Simpson	020 7489 4500	Blomfield Corporate Finance Ltd	Nominated Adviser

Updates on the Company's activities are regularly posted on Thor's website www.thormining.com, which includes a facility to register to receive these updates by email.

 

END

 

 

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