Holding(s) in Company
19 April 2010
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Strategic Natural Resources PLC
2. Reason for the notification:
An event changing the breakdown of voting rights
3. Full name of person(s) subject to the notification obligation:
The Tudor Group (Tudor Capital Europe LLP)
The Tudor BVI Global Portfolio L.P.
4. Full name of shareholder(s) (if different from 3):
The Tudor BVI Global Portfolio L.P.
LBPB Nominees Limited
5. Date of the transaction and date on which the threshold is crossed or reached:
12 April 2010
6. Date on which issued notified:
14 April 2010
7. Threshold(s) that is/are crossed or reached:
11%, 10%
8. Notified details
A: Voting rights attached to shares
Class/type of share if possible using the ISIN CODE
GB00B1VQ5F36
Situation Previous to the triggering transaction -
Number of Shares
2,083,333
Number of Voting Rights
2,083,333
Resulting situation after the triggering transaction -
Class/type of share if possible using ISIN CODE
GB00B1VQ5F36
Number of Shares - Direct
-
Number of Voting Rights - Direct
-
Number of Voting Rights - Indirect
2,083,333
% of voting rights - Direct
-
% of voting rights - Indirect
2.21%
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument
-
Expiration date
-
Exercise/Conversion Period/Date
-
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
Resulting situation after the triggering transaction
Type of financial instrument
Equity swap
Exercise price
N/A
Expiration Date
N/A
Exercise/Conversion period
N/A
Number of voting rights instrument refers to
6,800,000 (economic exposure to underlying shares)
% of voting rights
Nominal
7.23% (economic exposure to underlying shares %)
Delta
N/A
Total (A+B+C)
Number of voting rights
Voting rights: 2,083,333
Economic exposure: 6,800,000
Combined exposure: 8,883,333
% of voting rights
Voting rights: 2.21%
Economic exposure: 7.23%
Combined exposure: 9.44%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
The Tudor BVI Global Portfolio L.P is an investment fund advised by members of the Tudor Group of companies. The Tudor Group is making the disclosure on behalf of the investment manager.
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:
-
13.Additional information:
-
14.Contact name:
Tudor Capital Europe Limited
15.Contact telephone number:
0208 786 3900
For further information, please contact:
Strategic Natural Resources plc
David Nel, Chief Executive Officer
+27 (0) 41 374 0842
Jeremy Metcalfe, Communications Director
+44 (0)7785 346 718
Nominated Adviser and Joint Broker - Allenby Capital Limited
Nick Naylor / Alex Price / James Reeve
+44 (0) 20 3328 5656
Joint Broker - SP Angel Corporate Finance Limited
Emin Eyi / Tercel Moore
+44 (0) 207 647 9646
FTI Consulting
Ben Brewerton / Georgia Mann
+44 (0)207 831 3113