For filings with the FCA include the annex
For filings with issuer exclude the annex
+------------------------------------------------------------------------------+ |TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) | +------------------------------------------------------------------------------+
+---------------------------------------------+--------------------------------+ |1. Identity of the issuer or the underlying | | |issuer | SERABI GOLD PLC| |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 | X | |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 to | (I) INVERSIONES MEGEVE CAPITAL| |the | LIMITADA; (II) FRATELLI INVESTMENTS| |notification obligation: (iii) | LIMITED| +--------------------------------------+---------------------------------------+ |4. Full name of shareholder(s) | FRATELLI INVESTMENTS LIMITED| |(if different from 3.):(iv) | | +--------------------------------------+---------------------------------------+ |5. Date of the transaction and date on| | |which the threshold is crossed or | 4 March 2014| |reached: (v) | | +--------------------------------------+---------------------------------------+ |6. Date on which issuer notified: | 4 March 2014| +--------------------------------------+---------------------------------------+ |7. Threshold(s) that is/are crossed or| 41% to 56%| |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 |Number |Number |Number |Number of voting |% of voting | |using |of |of |of shares |rights |rights (x) | |the ISIN |Shares |Voting +-----------+-----------+--------+-------+--------+ |CODE | |Rights |Direct |Direct (xi)|Indirect|Direct |Indirect| | | | | | |(xii) | | | +------------+-----------+-----------+-----------+-----------+--------+-------+--------+ | | | | | | | | | |ORDINARY |184,695,647|184,695,647|337,195,647|337,195,647| 0 | 51.37%| 0 | |SHARES | | | | | | | | |GB00B4T0YL77| | | | | | | | | | | | | | | | | +------------+-----------+-----------+-----------+-----------+--------+-------+--------+
+--------------------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | +--------------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +--------------+----------+-----------------------+---------------------+--------------+ |Type of |Expiration|Exercise/ |Number of voting |% of voting | |financial |date |Conversion Period (xiv)|rights that may be |rights | |instrument |(xiii) | |acquired if the | | | | | |instrument is | | | | | |exercised/ converted.| | +--------------+----------+-----------------------+---------------------+--------------+ | | | | | | |WARRANTS |4 MARCH |EXERCISABLE |76,250,000 | | |(UNLISTED) |2016 | | |11.39%* | +--------------+----------+-----------------------+---------------------+(see 13, | | | | | |below) | |WARRANTS |17 JANUARY|EXERCISABLE |8,135,035 | | |(UNLISTED) |2015 | | | | +--------------+----------+-----------------------+---------------------+--------------+
+--------------------------------------------------------------------------------------+ |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 | |financial |price |date |Conversion |rights instrument |rights (xix, | |instrument | |(xvii) |period |refers to |xx) | | | | |(xviii) | | | +-------------+----------+----------+------------+---------------------+-------+-------+ | | | | | |Nominal|Delta | |N/A | | | | +-------+-------+ | | | | | | | | +-------------+----------+----------+------------+---------------------+-------+-------+
+--------------------------------------------------------------------------------------+ |Total (A+B+C) | +-------------------------------------+------------------------------------------------+ |Number of voting rights |Percentage of voting rights | +-------------------------------------+------------------------------------------------+ |421,580,682 |56.91% *(see 13, below) | +-------------------------------------+------------------------------------------------+
+------------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and/or the| |financial instruments are effectively held, if applicable: (xxi) | +------------------------------------------------------------------------------+ | | | Fratelli Investments Limited is the shareholder, which directly holds the| | ordinary shares and warrants set out in the notice above and makes this| | notification.| | | | Fratelli Investments Limited is a 99.9% owned subsidiary of Inversiones| | Menevado Dos Limitada.| | | | Inversiones Menevado Dos Limitada is a 61.7% owned subsidiary of Inversiones| | Megeve capital Limitada and 38.3% owned by Inversiones Menevado Limitada.| | | | Inversiones Menevado Limitada is a 96.92% owned subsidiary of Inversiones| | Megeve Capital Limitada. Inversiones Megeve Capital Limitada therefore| | indirectly holds the shares and warrants set out in this notification through| | the chain of controlled undertakings set out above. | | | | | +------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+ |Proxy Voting: | +-----------------------------------------------+------------------------------+ |10. Name of the proxy holder: | N/A| +-----------------------------------------------+------------------------------+ |11. Number of voting rights proxy holder will | | |cease | | |to hold: | | +-----------------------------------------------+------------------------------+ |12. Date on which proxy holder will cease to | | |hold | | |voting rights: | | +-----------------------------------------------+------------------------------+
+-----------------------------+------------------------------------------------+ | |* The total number of voting rights has been| |13. Additional information: |calculated on the basis of the resulting| | |dilution of the overall number of voting rights| | |in the issuer that would occur in the event of| | |such exercise/ conversion of the warrants. | +-----------------------------+------------------------------------------------+ |14. Contact name: | Viviana Rubia| +-----------------------------+------------------------------------------------+ |15. Contact telephone number:| +562 2577 3600| +-----------------------------+------------------------------------------------+
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Source: Serabi Gold plc via GlobeNewswire [HUG#1767254]
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