RNS Number : 7535A
Beacon Hill Resources plc
14 October 2009
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying Beacon Hill
issuer of existing shares to which voting rights Resources plc
are attached:
2 Reason for the notification (please tick the appropriate box or boxes):
X
An acquisition or disposal of voting rights
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) RAB CAPITAL PLC ACTING
subject to the notification AS DISCRETIONARY MANAGER
obligation: OF RAB SPECIAL
SITUATIONS (MASTER) FUND
LIMITED
4. Full name of shareholder(s) CREDIT SUISSE CLIENT
(if different from 3.): NOMINEES (UK) LIMITED
5. Date of the transaction and 12/10/2009
date on which the threshold is
crossed or reached:
6. Date on which issuer 14/10/2009
notified:
7. Threshold(s) that is/are 46%, 45%,44%, 43%, 42%,
crossed or reached: 41%, 40%, 39%, 38%, 37%,
36%
8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction
if possible using
the ISIN CODE
Number Number Number Number of voting % of voting
of of of shares rights rights
Shares Voting
Rights
Direct Direct Indirect Direct Indirect
ORDINARY SHARES 41,445,000 41,445,000 N/A N/A 58,445,000 N/A 25.08%
GB00B19G8Q73
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that may be rights
Period acquired if the
instrument is
exercised/
converted.
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights
instrument price date Conversion rights instrument
period refers to
n/a 25,000,000 Nominal Delta
Warrants £0.06 22/02/2013
10.73%
Total (A+B+C)
Number of voting rights Percentage of voting rights
83,445,000 35.81%
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable:
RAB Capital plc acts as investment manager for RAB SPECIAL SITUATIONS
(MASTER) FUND LIMITED. RAB Capital plc does not act as custodian for its
clients and therefore the shares are held in the nominee name of the
custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED
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: RAB Capital PLC - Legal Team
15. Contact telephone number: 020 7389 7000
This information is provided by RNS
The company news service from the London Stock Exchange
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