Holding(s) in Company


 

TIDMAVR 
 
RNS Number : 6517V 
Avarae Global Coins PLC 
04 November 2010 
 

 
+----------------+--------------------+------+----------------------------+--------+ 
|                                                                                  | 
+----------------------------------------------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                   | 
+----------------------------------------------------------------------------------+ 
|                                            |                                     | 
+--------------------------------------------+-------------------------------------+ 
| 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   | 
+-------------------------------------------------------------------------+--------+ 
| 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   |                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 |                          2nd November 2010 | 
| on                                  |                                            | 
| which the threshold is crossed or   |                                            | 
| reached:                            |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 6. Date on which issuer notified:   |                          4th November 2010 | 
+-------------------------------------+--------------------------------------------+ 
| 7. Threshold(s) that is/are crossed |                                         9% | 
| 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      | 
|              |                             |                    |                        |           |          |                                  |               | 
+--------------+-----------------------------+--------------------+------------------------+-----------+----------+----------------------------------+---------------+ 
| Ordinary     | 7,300,000                   | 8.4%               | 8,300,000              | 8,300,000 |          |                                  | 9.5%          | 
| Shares       |                             |                    |                        |           |          |                                  |               | 
| GB00B137SQ61 |                             |                    |                        |           |          |                                  |               | 
|              |                             |                    |                        |           |          |                                  |               | 
+--------------+-----------------------------+--------------------+------------------------+-----------+----------+----------------------------------+---------------+ 
|                                                                                                                                                                    | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| 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 xv, xvi                                                                  | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| 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                                               | 
+----------------------------------------------------------------------------------------+---------------------------------------------------------------------------+ 
| 8,300,000                                                                              | 9.5%                                                                      | 
+----------------------------------------------------------------------------------------+---------------------------------------------------------------------------+ 
|              |                 |    |      |            |    |  |                      | |      |    |          |       |                     |    |  |            | 
+--------------+-----------------+----+------+------------+----+--+----------------------+-+------+----+----------+-------+---------------------+----+--+------------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 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:                    |                              | 
+--------------------------------------------------+------------------------------+ 
| 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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