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Released 07:00 11-Feb-2013
Number 5614X07Stratex International Plc
('Stratex' or the 'Company')
Holdings in Company
Stratex International Plc, the AIM-quoted international exploration and development company currently focusing on gold and base metal opportunities in Turkey, East Africa and West Africa, has been notified of the following shareholdings in the Company.
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 attached: ii |
Stratex International 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 |
x |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): Due to company issuing more shares in the market |
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3. Full name of person(s) subject to the notification obligation: iii |
Richmond Capital LLP |
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4. Full name of shareholder(s) (if different from 3.):iv |
Richmond Partners Master Limited |
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5. Date of the transaction and date on which the threshold is crossed or reached: v |
7th February 2013 |
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6. Date on which issuer notified: |
8th February 2013 |
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7. Threshold(s) that is/are crossed or reached: vi, vii |
2% |
8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of shares
if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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GB00B0T29327 |
18,145,000 |
18,145,000 |
13,720,000 |
13,720,00 0 |
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2.94% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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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 |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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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 |
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
13,720,000 |
2.94% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, ifapplicable: xxi
Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
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14. Contact name: |
Patricia Volcov |
15. Contact telephone number: |
+44 207 193 7881 |
* * ENDS * *
For further information please visit www.stratexinternational.com, email [email protected], or contact:
Stratex International Plc
Tel: +44 (0)20 7830 9650
David Hall / Bob Foster / Claire Bay
Grant Thornton Corporate Finance
Tel: +44 (0)20 7383 5100
Gerry Beaney / Melanie Frean / Jen Clarke
Northland Capital Partners Limited
Tel: +44 (0)20 7796 8800
Gavin Burnell / John-Henry Wicks / John Howes (Sales)
Newgate Threadneedle
Tel: +44 (0)20 7653 9850
Beth Harris /Graham Herring
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