For filings with the FSA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are KALAHARI MINERALS PLC
attached:ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result X
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 Nippon Uranium Resources (Australia) Pty Ltd
notification obligation:iii
4. Full name of shareholder(s)
(if different from 3.):iv
5. Date of the transaction and date on
which the threshold is crossed or 14 May 2010
reached: v
6. Date on which issuer notified: 18 May 2010
7. Threshold(s) that is/are crossed or No thresholds is/are crossed or reached.
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
Number Number Number Number of voting % of voting
if possible of of of shares rights rights x
using Shares Voting
the ISIN Rights Direct Direct xi Indirect Direct Indirect
CODE xii
Ordinary
shares 30,455,566 30,455,566 31,655,566 31,655,566 0 14.00 0
GB00B117S132
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period rights that may be rights
xiv acquired if the
instrument is
exercised/
converted.
(i) Option agreement to The period of 10 3,767,384 (Note:
acquire ordinary shares 21 May business days after see section 13 1.67
(ISIN CODE: GB00B117S132) 2010 8 May 2010. below)
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of voting rights % of voting
financial price date xvii Conversion instrument refers to rights xix,
instrument period xviii xx
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
35,422,950 15.67
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease N/A
to hold:
12. Date on which proxy holder will cease to hold N/A
voting rights:
If by 8 May 2010, Nippon Uranium Resources (Australia)
13. Additional information: Proprietary Limited holds or has an unconditional right to
acquire more than 13.2 per cent. of the entire issued
share capital of the Issuer but less than 15 per cent. the
number of ordinary shares granted to Nippon Uranium
Resources (Australia) Proprietary Limited pursuant to the
exercise of the option referred to in item 8(B)(i) above
shall be reduced to such number that the shareholding of
Nippon Uranium Resources (Australia) Proprietary Limited
in the Issuer shall not be more than 15 per cent. at the
date of exercise of the option.
14. Contact name: Hiromi Iwasaki
15. Contact telephone number: +61-8-9327-1415