28th Sep 2009 16:57
Antofagasta plc
Luksic Family Interests
London, 28 September 2009
Antofagasta plc ("Antofagasta") has been informed of certain changes in the Luksic family interests in shares of Antofagasta.
Mr A A Luksic, former Chairman and Honorary President of Antofagasta, owned 23,636 ordinary shares in the capital of Antofagasta at the time of his death in August 2005. The 4-for-1 bonus issue of ordinary shares in June 2006 resulted in a further 94,544 ordinary shares being issued in the name of Mr A A Luksic. Accordingly, a total of 118,180 ordinary shares were registered in the name of Mr A A Luksic. This holding represents approximately 0.01% of the issued ordinary share capital of Antofagasta. In accordance with Chilean law, Mr A A Luksic's widow and children (including Mr J-P Luksic, and Mr G A Luksic, both directors of Antofagasta) (together, the "Beneficiaries") are together entitled to share in the estate of Mr A A Luksic which includes these 118,180 ordinary shares.
On 22 September 2009, at the request of the Beneficiaries, these shares were transferred to Kupferberg Establishment ("Kupferberg"), which is controlled by the E. Abaroa Foundation ("Abaroa"), for an aggregate consideration of £904,667.90 (representing market value at the close of the previous day). Various members of the Luksic family, including Mr J-P Luksic and Mr G A Luksic, are interested in Abaroa; however, no individual Luksic family member holds a controlling interest.
On 28 September 2009, Antofagasta received notifications under Disclosure and Transparency Rule 3 from Mr JߛP Luksic and Mr G A Luksic in relation to the transfer of the shares to Kupferberg.
Enquiries Issued by
Antofagasta plc Bankside Consultants
Tel: +44 20 7808 0988 Tel: +44 20 7367 8874
www.antofagasta.co.uk
Oliver Winters
Desmond O'Conor Email: [email protected]
Email: [email protected]
Hussein Barma
Email: [email protected]
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Antofagasta