25th Mar 2011 07:00
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1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Norseman Gold PLC | |||||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||||
An acquisition or disposal of voting rights | ü | |||||
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): | Increase in Issuers capital | ü | ||||
3. Full name of person(s) subject to thenotification obligation: iii | Sprott Asset Management LP | |||||
4. Full name of shareholder(s) (if different from 3.):iv | See Section 9 | |||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | March 18, 2011 | |||||
6. Date on which issuer notified: | March 18, 2011 | |||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 9.6% | |||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
21,554,726 | 21,554,726 | 21,194,726 | 9.6% | |||||||||||||
GB00B2N7FW85 | ||||||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
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| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
21,194,726 | 9.6% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Sprott Asset Management LP is the portfolio manager acting on behalf of the Sprott Canadian Equity Fund, Sprott Bull/Bear RSP Fund, Sprott Hedge Fund L.P., Sprott Hedge Fund L.P. II, Sprott Master Fund, Ltd., Sprott Master Fund II, Ltd., and certain Sprott Managed Accounts.
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Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | Please note the change in percentage terms is primarily due to increase in share capital of the company | |
14. Contact name: | Maggie Tang | |
15. Contact telephone number: | 1-416-943-4072 | |
Note: Annex should only be submitted to the FSA not the issuer | |
Annex: Notification of major interests in share | |
A: Identity of the persons or legal entity subject to the notification obligation | |
Full name (including legal form of legal entities)
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Contact address (registered office for legal entities)
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Phone number & email
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Other useful information (at least legal representative for legal persons)
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B: Identity of the notifier, if applicable | |
Full name
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Contact address
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Phone number & email
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Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | |
C: Additional information | |
For notes on how to complete form TR-1 please see the FSA website. |
Related Shares:
Norseman Gold