RNS Number : 9559F Vatukoula Gold Mines PLC 22 January 2010
TR-1: notification of major interests in shares
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
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Vatukoula Gold Mine Plc
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2. Reason for the notification (please tick the appropriate box or boxes)
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An acquisition or disposal of voting rights
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YES
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
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NO
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An event changing the breakdown of voting rights
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NO
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Other (please specify):___________________________________________
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NO
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3. Full name of person(s) subject to the notification obligation:
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Sprott Asset Management LP
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4. Full name of shareholder(s) (if different from 3.):
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Refer to Section 9
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5. Date of the transaction (and date on which the threshold is crossed or reached if different):
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January 19, 2010
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6. Date on which issuer notified:
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January 21, 2010
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7. Threshold(s) that is/are crossed or reached:
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From 16.6% to 17.6%
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8. Notified details:
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A: Voting rights attached to shares
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Class/type of shares
if possible using the ISIN CODE
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Situation previous to the Triggering transaction
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Resulting situation after the triggering transaction
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Number of Shares
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Number of Voting Rights
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Number of shares
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Number of voting rights
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% of voting rights
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Direct
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Indirect
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Direct
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Indirect
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Ordinary Shares
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455,000,000
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455,000,000
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643,000,000
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17.6%
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17.6%
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B: Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial instrument
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Expiration date
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Exercise/ Conversion Period/ Date
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Number of voting rights that may be acquired if the instrument is exercised/ converted.
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% of voting rights
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N/A
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Total (A+B)
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Number of voting rights
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% of voting rights
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643,000,000
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17.6%
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
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Sprott Asset Management LP is the portfolio manager acting on behalf of Sprott Canadian Equity Fund, Sprott Bull/Bear RSP Fund, Sprott Hedge Fund L.P., Sprott Hedge Fund L.P. II, Sprott Master Fund, Ltd., Sprott Master Fund II, Ltd., and certain Sprott Managed Accounts.
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Proxy Voting:
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10. Name of the proxy holder:
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N/A
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11. Number of voting rights proxy holder will cease to hold:
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N/A
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12. Date on which proxy holder will cease to hold voting rights:
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N/A
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13. Additional information:
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14. Contact name:
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Maggie Tang
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15. Contact telephone number:
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1-416-943-4072
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This information is provided by RNS
The company news service from the London Stock Exchange END HOLUASBRRAAAUAR
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