Key points
- Tell Capital Ltd, acting for The Tell Fund, disposed of its holding of 4,000,000 ordinary shares (ISIN GB00B0LHS387) in Neptune Minerals Plc.
- The transaction occurred on 24 July 2008, reducing Tell Capital Ltd’s direct and indirect voting rights to nil, or 0%.
- Neptune Minerals Plc was notified of the change on 25 July 2008.
- Tell Capital Ltd still holds a share warrant, exercisable October 2006 to October 2010 and expiring October 2010, covering 4,000,000 voting rights equal to 5.8%.
A form TR-1 containing the following information has been received by the Company.
TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
NEPTUNE MINERALS Plc
2. Reason for notification
An acquisition or disposal of voting rights
3. Full name of person(s) subject to notification obligation:
Tell Capital Ltd
4. Full name of shareholder(s) (if different from 3):
The Tell Fund
5. Date of transaction (and date on which the threshold is crossed or reached if different):
24 July 2008
6. Date on which issuer notified:
25 July 2008
7. Threshold(s) that is/are crossed or reached:
Below 3%
8: Notified Details
A: Voting rights attached to shares
Class/type of shares
If possible use ISIN code
GB00B0LHS387
Situation previous to the triggering transaction
Resulting situation after the triggering transaction
Number of shares
4,000,000
Number of voting rights
4,000,000
Number of shares
Nil
Number of voting rights
Percentage of voting rights
Direct
Nil
Indirect
Nil
Direct
0%
Indirect
0%
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument
Expiration date
Exercise/ conversion period/date
No. of voting rights that may be acquired (if the instrument exercised/converted)
Percentage of voting rights
Share Warrant
October 2010
October 2006 – October 2010
4,000,000
5.8%
Total (A+B)
Number of voting rights
Percentage of voting rights
4,000,000
5.8%
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:
n/a
Proxy Voting: n/a
10. Name of proxy holder:
n/a
11. Number of voting rights proxy holder will cease to hold:
n/a
12. Date on which proxy holder will cease to hold voting rights:
n/a
13. Additional information:
n/a
14 Contact name:
Dominick Rooney
15. Contact telephone number:
+356 2348 6330
Annex Notification of major Interests in Shares
A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities):
Tell Capital Ltd
Contact address (registered office for legal entities):
1, Caledonia Tower
Qui-Si-Sana Seafront
Sliema, SLM 3114
Malta
Phone number:
+356 2348 6330
Other useful information (at least legal representative for legal persons)
n/a
B: Identity of the notifier, if applicable
n/a
END
