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 |
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AURUM MINING PLC |
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2. |
Reason for the notification (please tick the appropriate box or boxes) |
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An acquisition or disposal of voting rights |
(X) |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
( ) |
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An event changing the breakdown of voting rights |
( ) |
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Other (specify): |
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( ) |
3. |
Full name of person(s) subject to the notification obligation: |
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Midas Capital plc |
4. |
Full name of shareholder(s) (if different from 3.) |
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See section 9 below |
5. |
Date of the transaction (and date on which the threshold is crossed or reached if different): |
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16 December 2008 |
6. |
Date on which issuer notified: |
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17 December 2008
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7. |
Threshold(s) that is/are crossed or reached: |
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5% |
8. |
Notified details: |
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A. Voting rights attached to shares
Class/type of shares (if possible using the ISIN code) |
GB00B00T3528 |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
2,200,000 |
2,200,000 |
2,450,000 |
n/a |
2,450,000 |
n/a |
5.08% |
B. Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument |
Expiration date |
Exercise/Conversion Period/Date |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
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Total (A+B)
Number of voting rights |
% of voting rights |
2,450,000 |
5.08% |
9. |
Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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Account name |
Registered as |
Voting Rights |
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CF Miton Special Situations Portfolio |
Bank of New York Nominees a/c 392474 |
2,450,000 |
Proxy Voting: |
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10. |
Name of the proxy holder: |
n/a |
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11. |
Number of voting rights proxy holder will cease to hold: |
n/a |
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12. |
Date on which proxy holder will cease to hold voting rights: |
n/a |
13. |
Additional information: |
Midas Capital Partners Ltd, Motin Asset Management Ltd and Iimia plc are all subsidiaries of Midas Capital plc |
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14: |
Contact name: |
John Bradley |
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15. |
Contact telephone number: |
0151 906 2462 |