SLV Sylvania

TIDMSLV

RNS Number : 2393Z

Sylvania Resources Ltd

11 January 2011

 
                                        NOTIFICATION OF MAJOR INTERESTS IN 
 TR-1:                                  SHARES 
 1. Identity of the issuer or the 
 underlying issuer of existing shares 
 to which voting rights are attached:          Sylvania Resources Ltd 
 
 2. Reason for the notification: 
 An acquisition or disposal of voting 
  rights                                                 Yes 
 An acquisition or disposal of 
 financial instruments which may 
 result in the acquisition of shares 
 already issued to which voting rights 
 are attached                                            No 
 An event changing the breakdown of 
 voting rights                                           No 
                                              Increase in share capital 
                                                following the issue of 
 Other (please specify)                           additional shares 
 3. Full name of person(s) subject to         Audley Capital Management 
  the notification obligation:                         Limited 
 
                                            Audley European Opportunities 
 4. Full name of shareholder(s) (if         Master Fund; Audley Investment 
 different from 3):                            I; Audley Investment II 
 
 5. Date of the transaction (and date 
  on which the threshold is crossed or 
  reached if different):                              31/12/10 
 
 6. Date on which issuer notified:                    07/01/11 
 
 7. Threshold(s) that is/are crossed 
  or reached:                                            13% 
 
 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 Voting   Number       Number of voting      % of voting 
                  of Shares    Rights       of shares    rights               rights 
                                           Direct       Direct   Indirect     Direct   Indirect 
 AU000000SLV8    36,960,332   36,960,332   37,610,332            37,610,332            12.5% 
 
 
 B: Financial Instruments 
 Resulting situation after the triggering transaction 
 Type of           Expiration   Exercise/        Number of         % of voting 
 financial          date        Conversion       voting rights      rights 
 instrument                     Period/ Date     that may be 
                                                 acquired if the 
                                                 instrument is 
                                                 exercised/ 
                                                 converted. 
 N/A               N/A          N/A              N/A               N/A 
 
 
 Total (A+B) 
 Number of voting rights   % of voting rights 
 37,610,332                12.5% 
 
 
 9. Chain of controlled undertakings through which the voting 
  rights and/or the financial instruments are effectively held, 
  if applicable: 
 N/A 
 
 PROXY VOTING: 
 
 10. Name of the proxy holder:                       N/A 
 
 11. Number of voting rights proxy holder            N/A 
  will cease to hold: 
 
 12. Date on which proxy holder will                 N/A 
  cease to hold voting rights: 
 
 13. Additional information:                N/A 
 
 14. Contact name:                          Simon Thornton 
 
 15. Contact telephone number:              01481 737600 (tel #); 
                                             01481 710348 (fax #) 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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