20th Jul 2007 15:01
Avocet Mining PLC20 July 2007 NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS A form TR-1 containing the following information has been received by theCompany. TR-1 notification of major interests in shares 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: AVOCET MINING PLC 2. Reason for the notification Disposal of voting rights 3. Full name of person(s) subject to the notification obligation: Artemis Investment Management Ltd. 4. Full name of shareholder(s) (if different from 3): N/A 5.Date of the transaction (and date on which the threshold is crossed or reached if different): 17 July 2007 6. Date on which issuer notified: 19 July 2007 7. Threshold(s) that is/are crossed or reached: 14% 8. Notified details: A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transaction(1)shares the Triggering transaction if possible Number of Number of Number of Number of voting rights % of voting rightsusing the ISIN Shares Voting sharesCODE Rights Direct Direct Indirect Direct IndirectGB0000663038 17,248,363 17,248,363 15,933,673 15,933,673 - 13.32 - B: Financial InstrumentsResulting situation after the triggering transactionType of financial Expiration date Exercise/ Conversion Number of voting rights % of votinginstrument Period/ Date that may be acquired if rights the instrument is exercised/ converted. N/A N/A N/A N/A N/A Total (A+B)Number of voting rights % of voting rights 15,933,673 13.32% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Name of Company/Fund Number of Shares % of issued share capitalBAE Systems 2000 Pension plan Trustees Ltd. 210,000 0.17Institutional UK Growth 1,683,673 1.41Absolute Return Hedge Fund 50,000 0.04BAE Systems 2000 Pension Funds CIF TrusteesLtd. 490,000 0.41Artemis UK Growth 7,500,000 6.27Artemis UK Smaller Cos 6,000,000 5.02 Total 15,933,673 13.32% Proxy Voting: 10. Name of the Proxy holder: n/a 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: n/a -------------------------- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AVM.L