Upgrade Now

Avarae Global Coins (AVR)

Advertisement

Just one of over 6000 shares you can deal on with IG. Find out more by getting your free guide to spread betting on shares. Losses can exceed your initial deposit

 10.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 11.25p
  • 52 Week Low: 10.13p
  • Currency: UK Pounds
  • Shares Issued: 80.78m
  • Volume: 0
  • Market Cap: £8.28m
  • RiskGrade: 33
  • Beta: 0.04

Holding(s) in Company

RNS Number : 9363D
Avarae Global Coins PLC
30 March 2011
 



 

                     TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:

Avarae Global Coins 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 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 to the
notification obligation:

Jupiter Asset Management Ltd.

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:

25 March 2011

6. Date on which issuer notified:

29 March 2011

7. Threshold(s) that is/are crossed or
reached:

9%


 

8. Notified details:

A: Voting rights attached to shares

Class/type of
shares


if possible using
the ISIN/SEDOL CODE

 

B137SQ6

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect

 

Ordinary Shares of 1p each

8,460,001

8,460,001



7,570,000


9.37



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

N/A






C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

 

% of voting rights

N/A






Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

7,570,000

9.37%


 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

The Ordinary shares will apear on the register in the following names:

Nortrust Nominees Limited                  7,570,000

 


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:


Calculations based on an issued share capital of 80,783,334. 

14. Contact name:

Lee Chen

15. Contact telephone number:

020-7314-4773

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLJMMJTMBIJBRB

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Top of Page