Holding(s) in Company

RNS Number : 8450P

Niger Uranium Limited

31 March 2009

 



31 March 2009

Niger Uranium Limited

('Niger Uranium or 'the Company')

TR1 Notification

The Company (AIM:URU) was notified on 27 March 2009 by Southern Rock Insurance Co. Ltd of the following interests in the ordinary share capital of Niger Uranium (VGG651971084).

Reason for notification - An acquisition or disposal of voting rights

Full name of person(s) subject to the notification obligations - Southern Rock Insurance Co. Ltd,

Full name of shareholder if different - Southern Rock Insurance Co. Ltd, Rene Nominees Ltd, Arron Banks, Pershing Nominees Ltd, Strand Nominees

Date of Transaction:                                                                                                                             27 March 2009

Date on which issuer notified:                                                                                                        27 March 2009

Threshold crossed or reached                                                                                                         4%

A: Voting rights attached to shares

Situation previous to the triggering transaction:

Number of Shares:                                                                                                                              6,665,000

Number of Voting Rights:                                                                                                                 6.37%

Resulting situation of the triggering transaction:                    

Number of Shares:                                                                                                                             4,515,000                        

Number of Voting Rights (Direct):                                                                                              N/A

Number of Voting Rights (Indirect):                                                                                          4,515,000

Percentage of Voting Rights (Direct):                                                                                        N/A

Percentage of Voting Rights (Indirect):                                                                                    3.99%

B: Financial Instruments

Resulting situation after the tiggering transaction                                                             N/A

Number of voting rights that may be acquired if the                                                        N/A

instrument is exercised/converted

Total (A+B)
Number of voting rights	% of voting rights
4,515,000	3.99%

Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Strand Nominees Ltd (Arron Banks)                                                        100,000 Shares 0.09%

Rene Nominees Ltd (Southern Rock Insurance Co. Ltd)                 4,315,000 Shares 3.81%

Pershing Nominees Ltd (Arron Banks)                                                   100,000 Shares 0.09%

Arron Banks is connected to Southern Rock Insurance Company Ltd, being a major shareholder in Southern Rock Insurance Company Ltd.

Therefore, together Southern Rock Insurance Company and Arron Banks are interested in 4,515,000 shares in Niger Uranium Ltd, representing approximately 3.99% of the Company's issued share capital.

Based on issued share capital of: 113,164,306 shares

Enquiries:

Niger Uranium Limited                                             Tel: [phone]

Gordon Cassidy, Finance Director

Beaumont Cornish Limited Michael Cornish

Tel: + 44 (0) 20 7628 3396

 

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