24 Apr 2009 12:38
TR-1: notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | PETER HAMBRO MINING PLC | ||
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 financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |||
An event changing the breakdown of voting rights | |||
Other (please specify): Increase in issued share capital | X | ||
3. Full name of person(s) subject to the notification obligation: | Baring Asset Management Limited (BAM) OppenheimerFunds, Inc. (OFI) | ||
4. Full name of shareholder(s) (if different from 3.): |
| ||
5. Date of the transaction (and date on which the threshold is crossed or reached if different): | April 22, 2009 | ||
6. Date on which issuer notified: | April 24, 2009 | ||
7. Threshold(s) that is/are crossed or reached: | 5%, 4% (MassMutual fell below the 5% on a consolidated basis; BAM independently fell below the 4% threshold) | ||
8. Notified details: | Investor Relations contact Director of External Communications Alya Samokhvalova Phone: +44 (0)20 7201 8900 Fax: +44 (0)20 7201 8901 Email: as@peterhambro.com contact@peterhambro.com |
A: Voting rights attached to shares | |||||||
Class/type of shares if possible using the ISIN CODE | Situation previous to the Triggering transaction | Resulting situation after the triggering transaction | |||||
Number of Shares | Number of Voting Rights viii | Number of shares | Number of voting rights ix | % of voting rights | |||
Direct | Direct x | Indirect xi | Direct | Indirect | |||
GB0031544546 BAM OFI |
6,760,772 1,798,000 |
6,760,772 1,798,000 |
6,379,003 1,798,000 |
|
6,379,003 1,798,000 |
| 3.73% 1.05% |
B: Financial Instruments | ||||
Resulting situation after the triggering transaction xii | ||||
Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period/ Date xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
|
|
|
|
|
Total (A+B) | |
Number of voting rights | % of voting rights |
8,177,003 | 4.78% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv: |
As of April 22, 2009, BAM's holdings fell below the 4% threshold to 3.73% of PETER HAMBRO MINING PLC (Issuer). MassMutual's holdings of the Issuer, on a consolidated basis, fell below the 5% threshold to 4.78%. OFI held 1.05% of the Issuer. These calculations are based on outstanding shares of 171,083,485. |
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: | Massachusetts Mutual Life Insurance Company is the parent company of BAM and OFI. |
14. Contact name: | Jennifer Ryan, Massachusetts Mutual Life Insurance Company |
15. Contact telephone number: | 413.744.6618 |