SERABI GOLD PLC

Major Shareholding Notification • Mar 9, 2021

National Storage Mechanism | Additional information

For immediate release

9 March 2021

Serabi Gold plc

("Serabi" or the "Company")

Holding(s) in Company

The Board of Serabi announces that the Company has received the following TR-1 notification which is set out below.

Enquiries:

Serabi Gold plc       

Michael Hodgson                   Tel: +44 (0)20 7246 6830

Chief Executive                     Mobile: +44 (0)7799 473621

Clive Line                               Tel: +44 (0)20 7246 6830

Finance Director                    Mobile: +44 (0)7710 151692

Email: contact@serabigold.com      

Website:  www.serabigold.com        

Beaumont Cornish Limited

Nominated Adviser and Financial Adviser         

Roland Cornish                      Tel: +44 (0)20 7628 3396

Michael Cornish                     Tel: +44 (0)20 7628 3396

Peel Hunt LLP

UK Broker    

Ross Allister                           Tel: +44 (0)20 7418 8900

Copies of this announcement are available from the Company's website at www.serabigold.com.

Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this announcement.

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			Serabi Gold plc
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			PREMIER MITON GROUP PLC
City and country of registered office (if applicable)			London, UK
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:			09/03/2021
6. Date on which issuer notified (DD/MM/YYYY):			09/03/2021
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)
Resulting situation on the date on which threshold was crossed or reached	6.47%	N/A		6.47%
Position of previous notification (if applicable)	N/A	N/A		N/A

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix
Direct (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)
GB00BG5NDX91				4,900,000
SUBTOTAL 8. A		4,900,000
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)
Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Premier Miton Group Plc
Premier Asset Management Midco Ltd
Premier Asset Management Holdings Ltd
Premier Asset Management Limited
Premier Investment Group Ltd
Premier Fund Managers Ltd	6.47%		6.47%
10. In case of proxy voting, please identify:
Name of the proxy holder		N/A
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/A
11. Additional informationxvi

Place of completion	LONDON, UK
Date of completion	09/03/2021