Holding(s) in Company (0624L)

TIDMAVR
RNS Number : 0624L
Avarae Global Coins PLC
26 July 2011
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
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 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): 
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 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 
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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 
  to the 
  notification obligation:                         Montoya Investments Limited 
------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):                          Montoya Investments Limited 
------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached:                                                    25(th) July 2011 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                            26(th) July 2011 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                                 27% 
------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
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 A: Voting rights attached to shares 
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 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 
-------------    ----  -------  ------  -----  ---  -------------  -------------  ---------  -------------  ------------- 
 Ordinary 
 Shares         21,769,000       26.9%               22,243,120     22,243,120                27.5% 
               ---------------  ------------------  -------------  -------------  ---------  -------------  ------------- 
 GB00B137SQ61 
-------------    ----  -------  ------  -----  ---  -----------    ----  -------  ---------      ---  ----     ---------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
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                                                                          Number of voting 
                                                                           rights that may 
                                                                           be 
                                                                           acquired if the 
 Type of 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 (xv, xvi) 
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 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 
---------------------------------------------------------------  -------------------------------------------------------- 
 22,243,120                                                       27.5 % 
---------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
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 Proxy Voting: 
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 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 
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 15. Contact telephone number:                                +(642) 1124 1391 
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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