METALS EXPLORATION PLC — Major Shareholding Notification 2015

Apr 16, 2015

National Storage Mechanism | Additional information

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RNS Number : 4399K

Metals Exploration PLC

16 April 2015

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii	METALS EXPLORATION 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: iii	BAKER STEEL CAPITAL MANAGERS LLP (DISCRETIONARY CLIENTS OF AND ASSOCIATED OR CONNECTED/RELATED PARTIES)
4. Full name of shareholder(s) (if different from 3.): iv	Genus Dynamic Gold Fund Genus Natural Resource Fund Baker Steel Resources Trust Dynamic Investment Fund -  Baker Steel Alpha Gold Fund RIT Capital Partners PLC Baker Steel Gold Fund
5. Date of the transaction and date on which the threshold is crossed or reached: v	15-Apr-15
6. Date on which issuer notified:	15-Apr-15
7. Threshold(s) that is/are crossed or reached: vi, vii	12%, 11%, 10%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of  voting rights x
Direct	Direct xi	Indirect xii	Direct	Indirect
ORDINARY	170,268,056	170,268,056	134,282,620	134,282,620	none	9.8%	none

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
n/a

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
n/a					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
134,282,620	9.8%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:	BAKER STEEL CAPITAL MANAGERS LLP
14. Contact name:	Tino Isnardi
15. Contact telephone number:	020 7389 0009

This information is provided by RNS

The company news service from the London Stock Exchange

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