Holding(s) in Company

    RNS Number : 9858F
  Archipelago Resources PLC
  16 October 2008
   

    Form TR-1 with annex. FSA Version 2.1 updated April 2007

 For filings with the FSA include the annex
 For filings with issuer exclude the annex 

 TR-1: Notifications of Major Interests in Shares


 1. Identity of the issuer or the underlying issuer    Archipelago Resources PLC
 of existing shares to which voting rights are
 attached:

 2. Reason for notification (yes/no)
                                                                             Yes
 An acquisition or disposal of voting rights
                                                                             No
 An acquisition or disposal of financial instruments which may result in
 the acquisition of shares already issued to which voting rights are
 attached 
                                                                             No
 An event changing the breakdown of voting rights
                                                                             No
 Other (please specify):______________
                                 Avenir Asset Management Ltd
 3. Full name of person(s)
 subject to notification
 obligation:
                                 As above
 4. Full name of shareholder(s)
 (if different from 3):
                                 13 October 2008
 5. Date of transaction (and
 date on which the threshold is
 crossed or reached if
 different):
                                 15 October 2008
 6. Date on which issuer
 notified:
                                 11%
 7. Threshold(s) that is/are
 crossed or reached:


 8: Notified Details
 A: Voting rights attached to shares

 Class/type of shares  Situation previous to the triggering        Resulting situation after the triggering transaction
 If possible use ISIN  transaction
 code


 Ordinary share
                       Number of shares      Number of voting      Number of shares  Number of voting       Percentage of voting
                                             rights                                  rights                 rights
                                              10.37%
                       20,853,155

                                                                   22,353,155

                                                                                     Direct  Indirect       Direct        Indirect
                                                                                     22,     -              11.11%
                                                                                     353,
                                                                                     155



 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)
 NA                            NA                                 NA  NA                    NA



 Total (A+B)

 Number of voting rights  Percentage of voting rights
 22,353,155               11.11%





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

 Proxy Voting:

 10. Name of proxy holder:                                         NA

 11. Number of voting rights proxy holder will cease to hold:      NA

 12. Date on which proxy holder will cease to hold voting rights:  NA


 13. Additional information:  NA

 14 Contact name:             Joan Sybuenasenso

 15. Contact telephone name:  [phone]


    For notes on how to complete form TR-1 please see the FSA website.   
    Note: Annex should only be submitted to the FSA not the issuer

 Annex: Notification of major interests in shares


 A: Identity of the persons or legal entity subject to the notification obligation
 Full name                                                                Avenir Asset Management Ltd
 (including legal form of legal entities)

 Contact address                                                               Jipfa Building 3rd Floor
 (registered office for legal entities)                                               Road Town Tortola
                                                                                 British Virgin Islands

 Phone number & email                                                     [phone]

 Other useful information                                                 Joan Sybuenasenso
 (at least legal representative for legal persons)


 B: Identity of the notifier, if applicable
 Full name                                                         Joan Sybuenasenso

 Contact address                                                   AIA Tower ž22-01
                                                                   1 Robinson Road
                                                                   Singapore 048542
 Phone number & email                                              [phone]

 Other useful information                                          NA


 (e.g. functional relationship with the person or legal entity
 subject to the notification obligation)

 C: Additional information
 NA


This information is provided by RNS
The company news service from the London Stock Exchange
 
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