TIDMFDI

RNS Number : 6503Y

Firestone Diamonds PLC

29 December 2010

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer or the        Firestone Diamonds 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                      X 
--------------------------------------------------------------- 
 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      Audley Capital Management 
  to the notification obligation:        Limited 
-------------------------------------  ------------------------------ 
 4. Full name of shareholder(s) (if     Audley European Opportunities 
  different from 3.):                    Master Fund Limited 
-------------------------------------  ------------------------------ 
 5. Date of the transaction and date 
  on which the threshold is crossed 
  or reached:                           24/12/10 
-------------------------------------  ------------------------------ 
 6. Date on which issuer notified:      29/12/10 
-------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are crossed 
  or reached:                           5% 
-------------------------------------  ------------------------------ 
 
 
 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      % of voting 
                  Shares      Rights      of shares    rights                rights 
--------------  ----------  ----------  -----------  --------------------  ------------------ 
                                         Direct       Direct   Indirect     Direct   Indirect 
--------------  ----------  ----------  -----------  -------  -----------  -------  --------- 
 GB0003915336    9,684,000   9,684,000   18,500,000            18,500,000            5.7% 
                ----------  ----------  -----------  -------  -----------  -------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------ 
 Type of financial   Expiration   Exercise/     Number of voting   % of voting 
  instrument          date         Conversion   rights that may     rights 
                                   Period       be acquired if 
                                                the instrument 
                                                is exercised/ 
                                                converted. 
------------------  -----------  ------------  -----------------  ------------ 
 N/A                 N/A          N/A           N/A                N/A 
------------------  -----------  ------------  -----------------  ------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------- 
 Type of      Exercise   Expiration   Exercise/    Number of    % of voting 
 financial     price      date        Conversion   voting        rights 
 instrument                           period       rights 
                                                   instrument 
                                                   refers to 
-----------  ---------  -----------  -----------  -----------  ---------------- 
                                                                Nominal   Delta 
-----------  ---------  -----------  -----------  -----------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 18,500,000                5.7% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
--------------------------------------------------------------------------- 
 N/A 
--------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
------------------------------------------ 
 10. Name of the proxy holder:         N/A 
------------------------------------  ---- 
 11. Number of voting rights proxy     N/A 
  holder will cease to hold: 
------------------------------------  ---- 
 12. Date on which proxy holder will   N/A 
  cease to hold voting rights: 
------------------------------------  ---- 
 
 
 13. Additional information:      N/A 
-------------------------------  -------------- 
 14. Contact name:                Philip Kenny 
-------------------------------  -------------- 
 15. Contact telephone number:    0208 834 1028 
-------------------------------  -------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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