RNS Number : 7946C
  Avarae Global Coins PLC
  04 September 2008
   


 TR-1: Notifications of Major Interests in Shares

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

                                                       Avarae Global Coins Plc

 2. Reason for notification (yes/no)

 An acquisition or disposal of voting rights                                 Yes

 An acquisition or disposal of financial instruments which may result in
 the acquisition of shares already issued to which voting rights are
 attached 

 An event changing the breakdown of voting rights

 Other (please specify):______________

 3. Full name of person(s)
 subject to notification
 obligation:                     Newedge Group (UK Branch)

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

 5. Date of transaction (and     03/09/08
 date on which the threshold is
 crossed or reached if
 different):

 6. Date on which issuer         04/09/08
 notified:

 7. Threshold(s) that is/are     10%
 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








 GB00B137SQ61







                           Number of shares  Number of voting      Number of shares  Number of voting       Percentage of voting
                                             rights                                  rights                 rights




                                             11,000,000
                                 11,000,000                              10,855,000


                                                                                     Direct  Indirect             Direct  Indirect


                                                                                        10,  n/a                 10.525%
                                                                                       855,
                                                                                        000




 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)




 Total (A+B)

 Number of voting rights  Percentage of voting rights
 10,855,000               10.525%

 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 proxy holder:                                         
                                                                   
 11. Number of voting rights proxy holder will cease to hold:      
                                                                   
 12. Date on which proxy holder will cease to hold voting rights:  
                                                                   

 13. Additional information:

 14 Contact name:             Brian Hatton

 15. Contact telephone name:  01624 615618



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