For immediate release 22 May 2018 Serabi Gold plc ("Serabi" or the "Company") Holding(s) in Company
The Board of Serabi announces that the Company has received the following TR-1 notification which is set out below.
Enquiries:
Serabi Gold plc Michael Hodgson Tel: +44 (0)20 7246 6830 Chief Executive Mobile: +44 (0)7799 473621 Clive Line Tel: +44 (0)20 7246 6830 Finance Director Mobile: +44 (0)7710 151692 Email: contact@serabigold.com Website: www.serabigold.com
Beaumont Cornish Limited Nominated Adviser and Financial Adviser Roland Cornish Tel: +44 (0)20 7628 3396 Michael Cornish Tel: +44 (0)20 7628 3396
Peel Hunt LLP UK Broker Ross Allister Tel: +44 (0)20 7418 8900 James Bavister Tel: +44 (0)20 7418 9900
Blytheweigh Public Relations Tim Blythe Tel: +44 (0)20 7138 3204 Camilla Horsfall Tel: +44 (0)20 7138 3224
Copies of this announcement are available from the Company's website at www.serabigold.com . Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this announcement.
TR-1: S tandard form for notification of major holdings
| NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i | ||||||
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : | Serabi Gold Plc | |||||
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
| 2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
| An acquisition or disposal of voting rights | X | |||||
| An acquisition or disposal of financial instruments | ||||||
| An event changing the breakdown of voting rights | ||||||
| Other (please specify) iii : | ||||||
| 3. Details of person subject to the notification obligation iv | ||||||
| Name | City Financial Investment Company Limited | |||||
| City and country of registered office (if applicable) | London, United Kingdom | |||||
| 4. Full name of shareholder(s) (if different from 3.) v | ||||||
| Name | BNY Mellon Trust and Depositary as Trustee to the City Financial Absolute Equity Fund | |||||
| City and country of registered office (if applicable) | London, United Kingdom | |||||
| 5. Date on which the threshold was crossed or reached vi : | 15/05/2018 | |||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 21/05/2018 | |||||
| 7. Total positions of person(s) subject to the notification obligation | ||||||
| % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuer vii | |||
| Resulting situation on the date on which threshold was crossed or reached | 5.00 | 0 | 5.00 | 1,175,281,434 | ||
| Position of previous notification (if applicable) | ||||||
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii | |||||||||
| A: Voting rights attached to shares | |||||||||
| Class/type of shares ISIN code (if possible) | Number of voting rights ix | % of voting rights | |||||||
| Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||
| GB00B4T0YL77 | 58,800,000 | 0 | 5.00 | 0 | |||||
| SUBTOTAL 8. A | 58,800,000 | 5.00 | |||||||
| B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||
| Type of financial instrument | Expiration date x | Exercise/ Conversion Period xi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
| SUBTOTAL 8. B 1 | |||||||||
| B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||||||
| Type of financial instrument | Expiration date x | Exercise/ Conversion Period xi | Physical or cash settlement xii | Number of voting rights | % of voting rights | ||||
| SUBTOTAL 8.B.2 | |||||||||
| 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | ||||
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii | X | |||
| Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv (please add additional rows as necessary) | ||||
| Name xv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
| 10. In case of proxy voting, please identify: | ||||
| Name of the proxy holder | NA | |||
| The number and % of voting rights held | NA | |||
| The date until which the voting rights will be held | NA | |||
| 11. Additional information xvi | ||||
| Place of completion | City Financial Investment Company Limited, London |
| Date of completion | 21/05/2018 |
