Holding(s) in Company

 

TIDMAFD TIDMARCL 
 
RNS Number : 9956U 
African Diamonds PLC 
26 October 2010 
 
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| For filings with the FSA include the  |                                          | 
| annex                                 |                                          | 
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| For filings with issuer exclude the   |                                          | 
| annex                                 |                                          | 
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|                                                                                  | 
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                  | 
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|                                            |                                     | 
+--------------------------------------------+-------------------------------------+ 
| 1. Identity of the issuer or the           |        AFRICAN DIAMONDS PLC         | 
| underlying issuer                          |                                     | 
| of existing shares to which voting rights  |                                     | 
| are                                        |                                     | 
| attached: ii                               |                                     | 
+--------------------------------------------+-------------------------------------+ 
| 2 Reason for the notification (please tick the appropriate box or boxes):        | 
+----------------------------------------------------------------------------------+ 
| An acquisition or disposal of voting rights                             |   X    | 
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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                                     |        | 
+-------------------------------------------------------------------------+--------+ 
| An event changing the breakdown of voting rights                        |        | 
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| Other (please  |                                                        |        | 
| specify):      |                                                        |        | 
+----------------+--------------------------------------------------------+--------+ 
| 3. Full name of person(s) subject   |      Altus Resource Capital Limited        | 
| to the                              |                                            | 
| notification obligation: iii        |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 4. Full name of shareholder(s)      |          Anson Registrars Limited          | 
|  (if different from 3.):iv          |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 5. Date of the transaction and date |              21 October 2010               | 
| on                                  |                                            | 
| which the threshold is crossed or   |                                            | 
| reached: v                          |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 6. Date on which issuer notified:   |              22 October 2010               | 
+-------------------------------------+--------------------------------------------+ 
| 7. Threshold(s) that is/are crossed |                    5%                      | 
| or                                  |                                            | 
| reached: vi, vii                    |                                            | 
+-------------------------------------+--------------------------------------------+ 
|                |                    | |    |                            |        | 
+----------------+--------------------+-+----+----------------------------+--------+ 
 
+--------------+---------+----+------+-----------+---+--+--------------+-+-----+-----+----------+----------+--------------+----+-+--------------+ 
| 8. Notified details:                                                                                                                          | 
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| A: Voting rights attached to shares viii, ix                                                                                                  | 
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| Class/type   | Situation previous                     | Resulting situation after the triggering transaction                                  | 
| of           | to the triggering                      |                                                                                       | 
| shares       | transaction                            |                                                                                       | 
| if possible  |                                        |                                                                                       | 
| using        |                                        |                                                                                       | 
| the ISIN     |                                        |                                                                                       | 
| CODE         |                                        |                                                                                       | 
+              +----------------------------------------+---------------------------------------------------------------------------------------+ 
|              | Number              | Number           | Number         | Number               | % of  voting rights x                         | 
|              | of                  | of               | of shares      | of                   |                                               | 
|              | Shares              | Voting           |                | voting               |                                               | 
|              |                     | Rights           |                | rights               |                                               | 
+              +                     +                  +----------------+----------------------+-----------------------------------------------+ 
|              |                     |                  |                | Direct xi | Indirect | Direct                       | Indirect       | 
|              |                     |                  |                |           | xii      |                              |                | 
+--------------+---------------------+------------------+----------------+-----------+----------+------------------------------+----------------+ 
|GB0033110999  |      5,400,000      |    5,400,000     |       0        |    0      |          |              0%              |                | 
+--------------+---------------------+------------------+----------------+-----------+----------+------------------------------+----------------+ 
|                                                                                                                                               | 
+-----------------------------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                                           | 
+-----------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                          | 
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| Type of financial           | Expiration       | Exercise/                   | Number of voting                         | % of voting         | 
| instrument                  | date xiii        | Conversion Period           | rights that may be                       | rights              | 
|                             |                  | xiv                         | acquired if the                          |                     | 
|                             |                  |                             | instrument is                            |                     | 
|                             |                  |                             | exercised/ converted.                    |                     | 
+-----------------------------+------------------+-----------------------------+------------------------------------------+---------------------+ 
|                             |                  |                             |                                          |                     | 
+-----------------------------+------------------+-----------------------------+------------------------------------------+---------------------+ 
|                                                                                                                                               | 
+-----------------------------------------------------------------------------------------------------------------------------------------------+ 
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi                                             | 
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| Resulting situation after the triggering transaction                                                                                          | 
+-----------------------------------------------------------------------------------------------------------------------------------------------+ 
| Type of                | Exercise  | Expiration    | Exercise/       | Number of voting rights           | % of voting rights xix,            | 
| financial              | price     | date xvii     | Conversion      | instrument refers to              | xx                                 | 
| instrument             |           |               | period          |                                   |                                    | 
|                        |           |               | xviii           |                                   |                                    | 
+------------------------+-----------+---------------+-----------------+-----------------------------------+------------------------------------+ 
|                        |           |               |                 |                                   | Nominal             | Delta        | 
+                        +           +               +                 +                                   +---------------------+--------------+ 
|                        |           |               |                 |                                   |                     |              | 
+------------------------+-----------+---------------+-----------------+-----------------------------------+---------------------+--------------+ 
|                                                                                                                                               | 
+-----------------------------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                                                 | 
+-----------------------------------------------------------------------------------------------------------------------------------------------+ 
| Number of voting rights                                              | Percentage of voting rights                                            | 
+----------------------------------------------------------------------+------------------------------------------------------------------------+ 
|                                  0                                   |                                  0%                                    | 
+----------------------------------------------------------------------+------------------------------------------------------------------------+ 
|              |         |    |      |           |   |  |              | |     |     |          |          |              |    | |              | 
+--------------+---------+----+------+-----------+---+--+--------------+-+-----+-----+----------+----------+--------------+----+-+--------------+ 
 
 
+--------------------------------------+-----------+------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the  | 
| financial instruments are effectively held, if applicable: xxi                  | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
| Proxy Voting:                                                                   | 
+---------------------------------------------------------------------------------+ 
| 10. Name of the proxy holder:                    |             n/a              | 
+--------------------------------------------------+------------------------------+ 
| 11. Number of voting rights proxy holder will    |             n/a              | 
| cease                                            |                              | 
| to hold:                                         |                              | 
+--------------------------------------------------+------------------------------+ 
| 12. Date on which proxy holder will cease to     |             n/a              | 
| hold                                             |                              | 
| voting rights:                                   |                              | 
+--------------------------------------------------+------------------------------+ 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
| 13. Additional information:          |                                          | 
+--------------------------------------+------------------------------------------+ 
| 14. Contact name:                    |            Anson Registrars              | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        |              [phone]               | 
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|                                      |           |                              | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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