Holding(s) in Company (7008U)

TIDMAVR
RNS Number : 7008U
Avarae Global Coins PLC
20 October 2010
 
 TR-1: NOTIFICATION OF MAJOR INTEREST 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 the notification (please tick the appropriate box or boxes): 
----------------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                               Yes 
-----------------------------------------------------------------------------------------------------  ---------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
-----------------------------------------------------------------------------------------------------  ---------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------------------------------  ---------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------------------------------  ---------- 
 Other (please 
  specify): 
-----------------  ----------------------------------------------------------------------------------  ---------- 
 3. Full name of person(s) subject 
  to the                                                         Mr Graham Edwards (held in Pershing 
  notification obligation:                                                    Nominees) 
-------------------------------------------------  -------------------------------------------------------------- 
 4. Full name of shareholder(s) 
 (if different from 3.):                                                  Mr Graham Edwards 
-------------------------------------------------  -------------------------------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached:                                                                   14/10/2010 
-------------------------------------------------  -------------------------------------------------------------- 
 6. Date on which issuer notified:                                           19/10/2010 
-------------------------------------------------  -------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                                       4% 
-------------------------------------------------  -------------------------------------------------------------- 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
----------------------------------------------------------------------------------------------------------------- 
 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering                Resulting situation after the triggering 
 ISIN CODE       transaction                       transaction 
-------------  --------------------------------  ---------------------------------------------------------------- 
                                 Number 
                Number            of 
                 of               Voting          Number           Number of voting 
                 Shares           Rights           of shares        rights                % of voting rights 
-------------  ---------------  ---------------  ---------------  ---------------------  ------------------------ 
                                                  Direct           Direct     Indirect    Direct      Indirect 
-------------      -----------    -----------    ---------------  ---------  ----------  ----------  ------------ 
 GB00B137SQ61   1,050,000        1,050,000        3,800,000                   3,800,000               4.38% 
-------------  ---------------  ---------------  ---------------  ---------  ----------  ----------  ------------ 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------- 
                                                                   Number of voting 
                                                                    rights that may 
                                                                    be 
 Type of                                                            acquired if the 
 financial          Expiration     Exercise/                        instrument is           % of voting 
 instrument          date           Conversion Period               exercised/ converted.    rights 
-----------------  -------------  ------------------------------  -----------------------  ---------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
----------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------- 
 Type of                                        Exercise/          Number of voting 
 financial        Exercise       Expiration     Conversion          rights instrument 
 instrument        price         date           period              refers to               % of voting rights 
---------------  -------------  -------------  -----------------  -----------------------  ---------------------- 
                                                                                            Nominal     Delta 
---------------  -------------  -------------  -----------------  -----------------------  ----------  ---------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ------------------------------------------------------------ 
 3,800,000                                            4.38% 
---------------------------------------------------  ------------------------------------------------------------ 
 
 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: 
------------------------------------------------------------------  --------------------------------------------- 
 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:                                                             Matt Wood 
---------------------------------------------------  ------------------------------------------------------------ 
 15. Contact telephone number:                                            +44 (0)16 2461 5614 
---------------------------------------------------  ------------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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