Holding(s) in Company

 

TIDMMIRL TIDMMDS 
 
RNS Number : 7837G 
Minera IRL Limited 
05 February 2010 
 

 
+----------------------------------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                       | 
+----------------------------------------------------------------------+ 
 
+------------------------------------+--------------------------------+ 
| 1. Identity of the issuer or the   |                                | 
| underlying issuer of existing      | Minera IRL Ltd.                | 
| shares to which voting rights are  |                                | 
| attached:                          |                                | 
+------------------------------------+--------------------------------+ 
 
+-----------------------------+---------------------------------+----------+ 
| 2 Reason for the notification (please tick the appropriate box or        | 
| boxes):                                                                  | 
+--------------------------------------------------------------------------+ 
|                                                               |    No    | 
| An acquisition or disposal of voting rights                   |          | 
+---------------------------------------------------------------+----------+ 
|                                                               |    No    | 
| An acquisition or disposal of qualifying financial            |          | 
| instruments which may result in the acquisition of shares     |          | 
| already issued to which voting rights are attached            |          | 
+---------------------------------------------------------------+----------+ 
|                                                               |   Yes    | 
| An event changing the breakdown of voting rights              |          | 
+---------------------------------------------------------------+----------+ 
|                             |                                 |    No    | 
| Other (please specify):     |                                 |          | 
+-----------------------------+---------------------------------+----------+ 
|                             |                                 |          | 
+-----------------------------+---------------------------------+----------+ 
 
+-------------------------------------------+-------------------------+ 
| 3. Full name of person(s) subject to the  | Midas Capial Plc        | 
| notification obligation:                  |                         | 
|                                           |                         | 
+-------------------------------------------+-------------------------+ 
| 4. Full name of shareholder(s) (if        | See section 9 below     | 
| different from 3.):                       |                         | 
|                                           |                         | 
+-------------------------------------------+-------------------------+ 
| 5. Date of the transaction and date on    | 02/02/2010              | 
| which the threshold is crossed or         |                         | 
| reached:                                  |                         | 
|                                           |                         | 
+-------------------------------------------+-------------------------+ 
| 6. Date on which issuer notified:         | 03/02/2010              | 
|                                           |                         | 
+-------------------------------------------+-------------------------+ 
| 7. Threshold(s) that is/are crossed or    | Was 10.03%, Now 8.88%   | 
| reached:                                  |                         | 
|                                           |                         | 
+-------------------------------------------+-------------------------+ 
 
+--------------+-----------+-----------+-----------+---------+-----------+--------+----------+ 
| 8. Notified details:                                                                       | 
+--------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                        | 
|                                                                                            | 
+--------------------------------------------------------------------------------------------+ 
| Class/type   | Situation             | Resulting situation after the                       | 
| of           | previous              | triggering transaction                              | 
| shares       | to the                |                                                     | 
| if           | triggering            |                                                     | 
| possible     | transaction           |                                                     | 
| using the    |                       |                                                     | 
| ISIN CODE    |                       |                                                     | 
+              +-----------------------+-----------------------------------------------------+ 
|              | Number    | Number    | Number    | Number of           | % of              | 
|              | of        | of        | of        | voting              | voting            | 
|              | Shares    | Voting    | shares    | rights              | rights            | 
|              |           | Rights    |           |                     |                   | 
+              +           +           +-----------+---------------------+-------------------+ 
|              |           |           | Direct    | Direct  | Indirect  | Direct | Indirect | 
+--------------+-----------+-----------+-----------+---------+-----------+--------+----------+ 
| JE00B1HNYF12 | 7,600,000 | 7,600,000 | 7,600,000 | n/a     | 7,600,000 | n/a    | 8.88%    | 
+--------------+-----------+-----------+-----------+---------+-----------+--------+----------+ 
 
+------------+------------+--------------+---------------+--------------+ 
| B: Qualifying Financial Instruments                                   | 
+-----------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                  | 
|                                                                       | 
+-----------------------------------------------------------------------+ 
| Type of    | Expiration | Exercise/    | Number of     | % of voting  | 
| financial  | date       | Conversion   | voting        | rights       | 
| instrument |            | Period       | rights that   |              | 
|            |            |              | may 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    | Exercise | Expiration | Exercise/  | Number of   | % of voting        | 
| financial  | price    | date       | Conversion | voting      | rights             | 
| instrument |          |            | period     | rights      |                    | 
|            |          |            |            | instrument  |                    | 
|            |          |            |            | refers to   |                    | 
+------------+----------+------------+------------+-------------+--------------------+ 
|            |          |            |            |             |  Nominal   |Delta  | 
+            +          +            +            +             +------------+-------+ 
|            |          |            |            |             |            |       | 
+------------+----------+------------+------------+-------------+------------+-------+ 
 
+------------------------------------+--------------------------------+ 
| Total (A+B+C)                                                       | 
|                                                                     | 
+---------------------------------------------------------------------+ 
| Number of voting rights            | Percentage of voting rights    | 
+------------------------------------+--------------------------------+ 
| 7,600,000                          | 8.88%                          | 
+------------------------------------+--------------------------------+ 
 
+----------------------+----------------------+----------------------+ 
| 9. Chain of controlled undertakings through which the voting       | 
| rights and/or the                                                  | 
| financial instruments are effectively held, if applicable:         | 
+--------------------------------------------------------------------+ 
|  CF Miton Special    |  Bank of New York    |      5,100,000       | 
|      Situations      |  Nominees Ltd a/c    |                      | 
|                      |        392474        |                      | 
+----------------------+----------------------+----------------------+ 
|  CF Miton Strategic  |  Bank of New York    |      2,500,000       | 
|      Portfolio       |  Nominees Ltd a/c    |                      | 
|                      |        391993        |                      | 
+----------------------+----------------------+----------------------+ 
 
+------------------------------------+--------------------------------+ 
| Proxy Voting:                                                       | 
|                                                                     | 
+---------------------------------------------------------------------+ 
| 10. Name of the proxy holder:      |              n/a               | 
|                                    |                                | 
+------------------------------------+--------------------------------+ 
| 11. Number of voting rights proxy  |              n/a               | 
| holder will cease to hold:         |                                | 
|                                    |                                | 
+------------------------------------+--------------------------------+ 
| 12. Date on which proxy holder     |              n/a               | 
| will cease to hold voting rights:  |                                | 
|                                    |                                | 
+------------------------------------+--------------------------------+ 
 
+------------------------------------+--------------------------------+ 
| 13. Additional information:        | Midas Capital Partners Ltd and | 
|                                    | Miton Asset Management Ltd are | 
|                                    | both subsidiaries of Midas     | 
|                                    | Capital Plc                    | 
|                                    |                                | 
+------------------------------------+--------------------------------+ 
| 14. Contact name:                  | John Bradley                   | 
|                                    |                                | 
+------------------------------------+--------------------------------+ 
| 15. Contact telephone number:      | 0151 906 2462                  | 
|                                    |                                | 
+------------------------------------+--------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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