24th Oct 2012 14:39
Stratex International Plc ('Stratex' or the 'Company')
Holdings in Company
Stratex International Plc, the AIM-quoted international exploration and development company currently focusing on gold and base metal opportunities in Turkey, East Africa and West Africa, has been notified of the following shareholdings in the Company.
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1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Stratex International 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 thenotification obligation: iii | BlackRock, Inc. | ||||
4. Full name of shareholder(s) (if different from 3.):iv | |||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 19th October 2012 | ||||
6. Date on which issuer notified: | 23rd October 2012 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | Holding has gone below 11% | ||||
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 | ||||||||||||
GB00B1GC5238 | 51,386,821 | 51,386,821 | N/A | N/A | 50,886,821 | N/A | 10.90% | |||||||||
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 | |||||||||||||||
50,886,821 | 10.90% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
BlackRock Investment Management (UK) Limited - 50,886,821 (10.90%)
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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: | BlackRock Threshold Reporting Team | |
14. Contact name: | Andrew Manchester | |
15. Contact telephone number: | 020 7743 5773 | |
ENDS
For further information please visit www.stratexinternational.com, email
[email protected], or contact:
Stratex International Plc Tel: +44 (0)20 7830 9650
Christopher Hall / Bob Foster / Claire Bay
Grant Thornton Corporate Finance Tel: +44 (0)20 7383 5100
Gerry Beaney / Melanie Frean
Northland Capital Partners Limited Tel: +44 (0)20 7796 8800
Gavin Burnell / Tim Metcalfe
John-Henry Wicks / John Howes (Sales)
Newgate Threadneedle Tel: +44 (0)20 7653 9850
Graham Herring / Beth Harris / Josh Royston
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