Notification of Major Interest in Shares
17 March 2009
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:
UBS Investment Bank
4. Full name of shareholder(s):
UBS AG London Branch
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
12 March 2009
6. Date on which issuer notified:
16 March 2009
7. Threshold(s) that is/are crossed or reached:
9.94%
8. Notified details:
A. Voting Rights attached to shares
Class/type of shares if possible using the ISIN CODE
GB00B1VQ5F36
Situation previous to the Triggering transaction
Number of shares
6,800,000
Number of voting Rights (viii)
6,800,000
Resulting situation after the triggering transaction (vii)
Class/type of shares if possible using the ISIN CODE
GB00B1VQ5F36
Number of shares
Direct
6,800,000
Number of voting rights
Direct (x) Indirect (xi)
6,800,000 -
% of voting rights
Direct Indirect
9.94% -
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of financial instrument
-
Expiration Date (xiii)
-
Exercise/Conversion Period/ Date (xiv)
-
Number of voting rights that may be acquired if the instrument is exercised/ converted.
-
% of voting rights
-
Total (A+B)
Number of voting rights
6,800,000
% of voting rights
9.94%
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 acquire to hold:
-
12. Date on which proxy holder will cease to hold voting rights:
-
13. Additional information:
-
14. Contact name:
Sarah Cottle / Jasmin Gaehler
15. Contact:
0207 568 4981
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