TIDMAVM

RNS Number : 8105A

Avocet Mining PLC

25 March 2013

NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS

A form TR-1 containing the following information has been received by the Company.

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:

Avocet Mining PLC

2. Reason for the notification

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

UBS Investment Bank

4. Full name of shareholder(s) (if different from 3):

UBS AG London Branch

5. Date of the transaction (and date on which the threshold

is crossed or reached if different):

21(st) March 2013

6. Date on which issuer notified:

25(th) March 2013

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

11%

8. Notified details:

A: Voting rights attached to shares

 
 Class/type        Situation previous             Resulting situation after the triggering 
  of shares         to the Triggering              transaction 
  if possible       transaction 
  using the 
  ISIN CODE 
----------------  -----------------------------  ------------------------------------------------------------- 
                   Number          Number         Number         Number of voting          % of voting 
                    of Shares       of Voting      of shares      rights                    rights 
                                    Rights 
 ---------------  --------------  -------------  -------------  ------------------------  -------------------- 
                                                  Direct         Direct         Indirect   Direct     Indirect 
 ---------------   -------------  -------------  -------------  -------------  ---------  ---------  --------- 
 
    GB0000663038      21,819,144     21,819,144     23,468,210     23,468,210     -          11.79%     - 
 ----------------  -------------  -------------  -------------  -------------  ---------  ---------  --------- 
 
 

B: Financial Instruments

 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/ Conversion   Number of voting     % of voting 
  instrument          date         Period/ Date           rights that may      rights 
                                                          be acquired if 
                                                          the instrument 
                                                          is exercised/ 
                                                          converted. 
------------------  -----------  ---------------------  -------------------  ------------ 
        N/A             N/A               N/A                   N/A               N/A 
------------------  -----------  ---------------------  -------------------  ------------ 
 C:Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
  Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/ Conversion   Number of voting     % of voting 
  instrument          date         Period/ Date           rights instrument    rights 
                                                          refers to: 
------------------  -----------  ---------------------  -------------------  ------------ 
        N/A             N/A               N/A                   N/A               N/A 
------------------  -----------  ---------------------  -------------------  ------------ 
 

Total (A+B+C)

 
 Number of voting rights   % of voting rights 
------------------------  ------------------- 
 
      23,468,210             11.79% 
------------------------  ------------------- 
 

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:

n/a

12. Date on which proxy holder cease to hold voting rights:

n/a

13. Additional information:

   Contact Name:                        Konstantina Georgaki / Zuzana Görögová 
   Telephone Number:             +41 44 239 4071 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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