18th Feb 2011 07:00
Firestone Diamonds plc (the "Company")
Revised Notification of Major Interests
The Company announces that it has received a revised notification in relation to the TR-1 announcement released by the Company on 14th February 2011.
The revised notification states that Kings Chapel International Limited and its subsidiary, Audley Capital Management Limited, is interested in a total of 27,670,000 ordinary shares of 20 pence each, representing 8.6 per cent of the issued share capital of the Company.
The revised TR-1 is below:
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: |
Firestone Diamonds 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:
| Audley Capital Management Limited
Kings Chapel International Limited |
4. Full name of shareholder(s) (if different from 3.):
| Audley European Opportunities Master Fund Limited Kings Chapel International Limited |
5. Date of the transaction and date on which the threshold is crossed or reached:
|
09/02/11 |
6. Date on which issuer notified:
|
15/02/11 |
7. Threshold(s) that is/are crossed or reached:
|
8% |
8. Notified details: | |||||||
A: Voting rights attached to shares
| |||||||
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 | |||
Direct | Direct | Indirect | Direct | Indirect | |||
GB0003915336 | 18,500,000 | 18,500,000 | 27,670,000 | 27,670,000 | 8.6% | ||
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
| ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod | Number of votingrights that may beacquired if theinstrument isexercised/ converted.
| % of votingrights |
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 financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights
| |
Nominal | Delta
| |||||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
27,670,000 | 8.6% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: |
Audley Capital Management Limited is a subsidiary undertaking of Kings Chapel International Limited and therefore the shares held by Audley Capital Management Limited are also deemed to be held by Kings Chapel International Limited as it relates to the reportable interest. |
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 will cease to hold voting rights:
|
N/A |
13. Additional information:
|
N/A |
14. Contact name:
|
Philip Kenny |
15. Contact telephone number:
|
0208 834 1028 |
Related Shares:
FDI.L