TIDMNGL

RNS Number : 2492Z

Norseman Gold PLC

11 January 2011

 
 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
 
 
 1. Identity of the issuer or the        Norseman Gold PLC GB00B2N7FW85 
  underlying issuer of existing shares 
  to which voting rights are attached: 
 
 
 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 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                 Yes 
                                                                 ---- 
 Other (please 
  specify): 
---------------------------------------------------------------  ---- 
 
 
 
 3. Full name of person(s) subject 
  to the notification obligation:       Mr J D Slater and Family 
 4. Full name of shareholder(s) (if 
  different from 3.): 
                                       ------------------------- 
 5. Date of the transaction and date 
  on which the threshold is crossed 
  or reached:                           31 December 2010 
                                       ------------------------- 
 6. Date on which issuer notified:      7 January 2011 
                                       ------------------------- 
 7. Threshold(s) that is/are crossed 
  or reached:                           5% 
                                       ------------------------- 
 
 
 8. Notified details: 
 A: Voting rights attached to shares 
 Class/type of 
 shares if 
 possible        Situation previous 
 using the        to the triggering      Resulting situation after the triggering 
 ISIN CODE        transaction             transaction 
                ----------------------  ----------------------------------------------------- 
                             Number 
                 Number       of 
                  of          Voting     Number of   Number of voting       % of voting 
                  Shares      Rights     shares       rights                rights 
                ----------  ----------  ----------  ---------------------  ------------------ 
                                         Direct      Direct      Indirect   Direct   Indirect 
                ----------  ----------  ----------  ----------  ---------  -------  --------- 
 GB00B2N7FW85    9,885,000   9,885,000   9,885,000   9,885,000              4.999% 
                ----------  ----------  ----------  ----------  ---------  -------  --------- 
 
 
 
 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     rights 
                                   Period       be 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      Exercise   Expiration   Exercise/    Number of    % of voting 
 financial     price      date        Conversion   voting        rights 
 instrument                           period       rights 
                                                   instrument 
                                                   refers to 
             ---------  -----------  -----------  -----------  ---------------- 
                                                                Nominal   Delta 
             ---------  -----------  -----------  -----------  --------  ------ 
 
 
 
 Total (A+B+C) 
 Number of voting rights   Percentage of voting rights 
                          ---------------------------- 
 9,885,000                 4.999% 
                          ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
 
 
 
 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: 
 
 
 
                                  Following the issue of 50,000 
                                   shares on 31 December 2010 
                                   the family holding has fallen 
                                   to 4.999% of the issued share 
 13. Additional information:       capital. 
 14. Contact name:                Mark Collingbourne 
                                 ------------------------------- 
 15. Contact telephone number:    01620 810 168 
                                 -------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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