TIDMLOND

RNS Number : 6958H

London Mining Plc

21 May 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                 London Mining PLC 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
--------------------------------------------------  ---------------------------------- 
 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                  X 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
------------------  ---------------------------------------------------------  ------- 
 3. Full name of person(s) subject                        BlackRock, Inc. 
  to the 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                      19(th) May 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                        20(th) May 2014 
------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed                Holding has gone below 12% 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                            Resulting situation after the triggering 
 of              to the triggering                             transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  --------------------------------------------  ------------------------------------------------------------ 
                Number                      Number            Number     Number of voting        % of voting rights 
                 of                          of               of          rights                  (x) 
                 Shares                      Voting           shares 
                                             Rights 
-------------  --------------------------  ----------------  ---------  ----------------------  ------------------------- 
                                                              Direct     Direct     Indirect     Direct        Indirect 
                                                                         (xi)        (xii) 
-------------      ---------  -----------      ------------  ---------  ---------  -----------  ------------  ----------- 
 GB00B1VZK334   12,755,424                  12,755,424        N/A        N/A        11,216,418   N/A           8.10% 
-------------  --------------------------  ----------------  ---------  ---------  -----------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration                Exercise/                    Number of voting          % of voting 
 financial           date (xiii)               Conversion Period            rights that may           rights 
 instrument                                    (xiv)                        be 
                                                                            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          Exercise     Expiration       Exercise/                Number of voting          % of voting rights 
 financial        price         date (xvii)      Conversion               rights instrument         (xix, xx) 
 instrument                                      period (xviii)           refers to 
---------------  -----------  ---------------  -----------------------  ------------------------  ----------------------- 
 Convertible                   30/04/19                                  5,112,639                 Nominal       Delta 
 Bond 
---------------  -----------  ---------------  -----------------------  ------------------------  ------------  --------- 
                                                                                                   3.69%         3.69% 
-------------      ---------  -----------      ------------    -------    -------  -----------    ------------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ---------------------------------------------------------- 
 16,329,057                                                     11.80% 
-------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------- 
 
   BlackRock Investment Management (UK) Limited - 16,329,057 (11.80%) 
 
 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: 
-----------------------------------------------------  ------------------------------ 
 
                                           BlackRock Regulatory Threshold Reporting 
  13. Additional information:               Team 
----------------------------------------  ------------------------------------------- 
 14. Contact name:                         Duncan Murray 
----------------------------------------  ------------------------------------------- 
 15. Contact telephone number:             020 7743 3334 
----------------------------------------  ------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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