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TIDMSMA
RNS Number : 3128M
Sovereign Mines of Africa PLC
12 August 2011
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or
the underlying issuer
of existing shares to which
voting rights are SOVEREIGN MINES OF AFRICA
attached: (ii) PLC (ISIN: GB00B3P3XP06)
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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
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An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights
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Other (please
specify): Placement of new shares
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3. Full name of person(s)
subject to the
notification obligation: GOLDEN PROSPECT PRECIOUS METALS
(iii) LIMITED
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4. Full name of shareholder(s)
(if different from 3.):(iv) AS ABOVE
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5. Date of the transaction
and date on
which the threshold is crossed
or
reached: (v) 28 JULY 2011
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6. Date on which issuer
notified: 5 AUGUST 2011
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7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 3%
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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Class/type
of
shares
if possible
using Situation previous
the ISIN to the triggering Resulting situation after the
CODE transaction triggering transaction
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Number
Number of Number of
of Voting Number voting % of voting
Shares Rights of shares rights rights (x)
------------- --------------- --------------- ------------- ----------------------- -------------------------
Direct Indirect
Direct (xi) (xii) Direct Indirect
------------- ----------- ----------- ------------- ------------ --------- ------------ -----------
GB00B3P3XP06 4,000,000 4,000,000 5,000,000 5,000,000 3.02%
--------------- --------------- ------------- ------------ --------- ------------ -----------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Number of voting
rights that
may be
acquired if
the
instrument
Type of Expiration Exercise/ is
financial date Conversion exercised/ % of voting
instrument (xiii) Period (xiv) converted. rights
----------------- ------------- ------------------------------ ------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
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Resulting situation after the triggering transaction
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Exercise/
Type of Expiration Conversion Number of voting % of voting
financial Exercise date period rights instrument rights (xix,
instrument price (xvii) (xviii) refers to xx)
--------------- ------------- ------------- --------------- ------------------------- -----------------------
Warrants 328,057.75 Nominal Delta
--------------- ------------- ------------- --------------- ------------------------- ------------ ---------
0.20
------------- ----------- ----------- ----------- ---------- --------- ------------ ---------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
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5,328,057.75 3.22%
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9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
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N/A
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
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Compliance Officer, CQS Asset
13. Additional information: Management Limited
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14. Contact name: Kathryn Haswell
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15. Contact telephone number: 0207 201 6900
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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