AVR Avarae

TIDMAVR

RNS Number : 2410Z

Avarae Global Coins PLC

05 March 2013

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                   Avarae Global Coins plc 
  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 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                                 1(st) March, 2013 
  on 
  which the threshold is crossed 
  or 
  reached: 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                   5(th) March, 2013 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                                         28% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------------- 
 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 shares      rights 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ------------------  -------------  -------------------------  ------------------------------ 
                                                     Direct         Direct          Indirect   Direct           Indirect 
-------------    ----  -------  ------  -----  ---  -------------  --------------  ---------  ---------------  ------------- 
 Ordinary 
 Shares         22,243,120       27.5%               23,243,120     23,243,120                 28.8% 
               ---------------  ------------------  -------------  --------------  ---------  ---------------  ------------- 
 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                 rights 
                                                                           be 
                                                                           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          Exercise       Expiration     Exercise/           Number of voting                % of voting rights 
 financial         price          date           Conversion          rights instrument 
 instrument                                      period              refers to 
---------------  -------------  -------------  ------------------  ------------------------------  ------------------------- 
                                                                                                    Nominal        Delta 
---------------  -------------  -------------  ------------------  ------------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ----------------------------------------------------------- 
 23,243,120                                                       28.8% 
---------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 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

HOLJAMLTMBMMMIJ

Avarae Global Coins (LSE:AVR)
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Avarae Global Coins (LSE:AVR)
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