Holding(s) in Company


 

TIDMAVR 
 
RNS Number : 0799V 
Avarae Global Coins PLC 
27 October 2010 
 

 
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|                                                                                  | 
| TR-1: NOTIFICATION OF MAJOR                                                      | 
| INTEREST IN SHARES                                                               | 
|                                                                                  | 
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|                                            |                                     | 
+--------------------------------------------+-------------------------------------+ 
| 1. Identity of the issuer or the           |             Avarae Global Coins Plc | 
| underlying issuer                          |                                     | 
| of existing shares to which voting rights  |                                     | 
| are                                        |                                     | 
| attached:                                  |                                     | 
+--------------------------------------------+-------------------------------------+ 
| 2 Reason for the notification (please tick the appropriate box or boxes):        | 
+----------------------------------------------------------------------------------+ 
| An acquisition or disposal of voting rights                             |  Yes   | 
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| An acquisition or disposal of qualifying financial instruments which    |        | 
| may result in the acquisition of shares already issued to which voting  |        | 
| rights are attached                                                     |        | 
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| An acquisition or disposal of instruments with similar economic effect  |        | 
| to qualifying financial instruments                                     |        | 
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| An event changing the breakdown of voting rights                        |        | 
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| Other (please  |                                                        |        | 
| specify):      |                                                        |        | 
+----------------+--------------------------------------------------------+--------+ 
| 3. Full name of person(s) subject   |                Montoya Investments Limited | 
| to the                              |                                            | 
| notification obligation:            |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 4. Full name of shareholder(s)      |                Montoya Investments Limited | 
|  (if different from 3.):            |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 5. Date of the transaction and date |                          25th October 2010 | 
| on                                  |                                            | 
| which the threshold is crossed or   |                                            | 
| reached:                            |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 6. Date on which issuer notified:   |                          26th October 2010 | 
+-------------------------------------+--------------------------------------------+ 
| 7. Threshold(s) that is/are crossed |                                         3% | 
| or                                  |                                            | 
| reached:                            |                                            | 
+-------------------------------------+--------------------------------------------+ 
|                |                    |      |                            |        | 
+----------------+--------------------+------+----------------------------+--------+ 
 
+--------------+-----------------+----+------+------------+---+--+----------------------+-+------+----+----------+------+---------------------+----+--+-------------+ 
| 8. Notified details:                                                                                                                                              | 
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                                                                                               | 
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Class/type   | Situation previous                              | Resulting situation after the triggering transaction                                             | 
| of           | to the triggering                               |                                                                                                  | 
| shares       | transaction                                     |                                                                                                  | 
| if possible  |                                                 |                                                                                                  | 
| using        |                                                 |                                                                                                  | 
| the ISIN     |                                                 |                                                                                                  | 
| CODE         |                                                 |                                                                                                  | 
+              +-------------------------------------------------+--------------------------------------------------------------------------------------------------+ 
|              | Number                      | Number            | Number                 | Number of            | % of  voting rights                              | 
|              | of                          | of                | of                     | voting               |                                                  | 
|              | Shares                      | Voting            | shares                 | rights               |                                                  | 
|              |                             | Rights            |                        |                      |                                                  | 
+              +                             +                   +------------------------+----------------------+--------------------------------------------------+ 
|              |                             |                   | Direct                 | Direct    | Indirect | Direct                          | Indirect       | 
|              |                             |                   |                        |           |          |                                 |                | 
+--------------+-----------------------------+-------------------+------------------------+-----------+----------+---------------------------------+----------------+ 
| GB00B137SQ61 | 0                           | 0%                | 7,300,000              | 7,300,000 |          |                                 | 8.4%           | 
|              |                             |                   |                        |           |          |                                 |                | 
+--------------+-----------------------------+-------------------+------------------------+-----------+----------+---------------------------------+----------------+ 
|                                                                                                                                                                   | 
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                                                               | 
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                                              | 
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial                   | Expiration        | Exercise/                            | Number of voting                           | % of voting         | 
| instrument                          | date              | Conversion Period                    | rights that may be                         | rights              | 
|                                     |                   |                                      | acquired if the                            |                     | 
|                                     |                   |                                      | instrument is                              |                     | 
|                                     |                   |                                      | exercised/                                 |                     | 
|                                     |                   |                                      | converted.                                 |                     | 
+-------------------------------------+-------------------+--------------------------------------+--------------------------------------------+---------------------+ 
|                                     |                   |                                      |                                            |                     | 
+-------------------------------------+-------------------+--------------------------------------+--------------------------------------------+---------------------+ 
|                                                                                                                                                                   | 
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments                                                                         | 
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                                              | 
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial              | Exercise  | Expiration     | Exercise/                 | Number of voting            | % of voting rights                        | 
| instrument                     | price     | date           | Conversion                | rights instrument           |                                           | 
|                                |           |                | period                    | refers to                   |                                           | 
|                                |           |                |                           |                             |                                           | 
+--------------------------------+-----------+----------------+---------------------------+-----------------------------+-------------------------------------------+ 
|                                |           |                |                           |                             | Nominal                     | Delta       | 
|                                |           |                |                           |                             |                             |             | 
+                                +           +                +                           +                             +-----------------------------+-------------+ 
|                                |           |                |                           |                             |                             |             | 
+--------------------------------+-----------+----------------+---------------------------+-----------------------------+-----------------------------+-------------+ 
|                                                                                                                                                                   | 
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                                                                     | 
+-------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Number of voting rights                                                               | Percentage of voting rights                                               | 
+---------------------------------------------------------------------------------------+---------------------------------------------------------------------------+ 
| 7,300,000                                                                             | 8.4%                                                                      | 
+---------------------------------------------------------------------------------------+---------------------------------------------------------------------------+ 
|              |                 |    |      |            |   |  |                      | |      |    |          |      |                     |    |  |             | 
+--------------+-----------------+----+------+------------+---+--+----------------------+-+------+----+----------+------+---------------------+----+--+-------------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 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:                    |                               Guy Walker | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        |                         +(642) 1124 1391 | 
+--------------------------------------+------------------------------------------+ 
|                                      |           |                              | 
+--------------------------------------+-----------+------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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