Avocet Mining PLC Holding in Company (4951A)

TIDMAVM

RNS Number : 4951A

Avocet Mining PLC

20 March 2013

NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS

A form TR-1 containing the following information has been received by the Company.

TR-1 notification of major interests in shares

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

Avocet Mining PLC

2. Reason for the notification

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

Van Eck Associates Corporation

4. Full name of shareholder(s) (if different from 3):

5. Date of the transaction (and date on which the threshold

is crossed or reached if different):

18(th) March 2013

6. Date on which issuer notified:

20(th) March 2013

7. Threshold(s) that is/are crossed or reached:

Below 5%

8. Notified details:

A: Voting rights attached to shares

 
 Class/type        Situation previous            Resulting situation after the triggering 
  of shares         to the Triggering             transaction 
  if possible       transaction 
  using the 
  ISIN CODE 
                   Number         Number         Number       Number of voting     % of voting rights 
                    of Shares      of Voting      of shares    rights 
                                   Rights 
                  -------------  -------------  -----------  -------------------  --------------------- 
                                                 Direct       Direct    Indirect   Direct     Indirect 
                  -------------  -------------  -----------  --------  ---------  ---------  ---------- 
 
   GB0000663038      13,507,579     13,507,579     <5%          <5%       0          <5%        0% 
----------------  -------------  -------------  -----------  --------  ---------  ---------  ---------- 
 

B: Financial Instruments

 
 Resulting situation after the triggering transaction 
 Type of financial   Expiration   Exercise/ Conversion   Number of voting     % of voting 
  instrument          date         Period/ Date           rights that may      rights 
                                                          be acquired if 
                                                          the instrument 
                                                          is exercised/ 
                                                          converted. 
                    -----------  ---------------------  -------------------  ------------ 
        N/A             N/A               N/A                   N/A               N/A 
------------------  -----------  ---------------------  -------------------  ------------ 
 C:Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
  Resulting situation after the triggering transaction 
 Type of financial   Expiration   Exercise/ Conversion   Number of voting     % of voting 
  instrument          date         Period/ Date           rights instrument    rights 
                                                          refers to: 
                    -----------  ---------------------  -------------------  ------------ 
        N/A             N/A               N/A                   N/A               N/A 
------------------  -----------  ---------------------  -------------------  ------------ 
 

Total (A+B+C)

 
 Number of voting rights   % of voting rights 
 
   Below 5%                  Below 5% 
                          ------------------- 
 

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

Proxy Voting:

10. Name of the Proxy holder:

Glass Lewis & Co.

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

n/a

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

n/a

13. Additional information:

   Contact Name:          Russell Brennan 

Telephone Number: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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