LONDON MINING - NOTIFICATION OF MAJOR INTEREST IN SHARES
12.07.2011 | Globenewswire Europe
On 11 July 2011, London Mining received a notification that BlackRock, Inc. had crossed a threshold of more than one whole percentage point and now holds 11.04% of the total voting rights of London Mining Plc.The transaction was completed on 7 July 2011. Prior to 7 July 2011, BlackRock, Inc held 7,432,024 shares and bonds that could be converted into a total of 5,070,678 voting rights, representing a total of 10.98% of issued shares.
In accordance with Chapter 5 of the UK FSA's Disclosure and Transparency Rules, shareholders are required to notify London Mining and the FSA of acquisitions or disposals or voting rights which reach, exceed or fall below 3% or any subsequent whole percentage within 2 trading days of the relevant change.
Please see the notification form TR1 enclosed.
The Company's website can be found at:www.londonmining.co.uk
About London Mining
London Mining is focused on identifying, developing and operating scaleable mines to become a mid-tier supplier to the global steel industry. London Mining is developing three iron ore mines in Sierra Leone, Saudi Arabia and Greenland as well as an early stage coking coal project in Colombia. All London Mining's assets have deliverable production with potential for expansion. The Company is currently listed on the AIM in London and Oslo Axess and trades under the symbols LOND.L and LOND.NO (Reuters) and LOND LN and LOND NO (Bloomberg). The Company's shares will be delisted from Oslo Axess on 3 October 2011.
For more information, please contact:
London Mining Plc, +44 20 7201 5000
Thomas Credland, Head of Investor Relations
Crux Kommunikasjon AS, +47 97 56 19 59
Charlotte Knudsen
Brunswick Group, +44 20 7404 5959
Carole Cable / Daniel Thöle
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
TR1 BlackRock Inc:
http://hugin.info/137683/R/1530183/465475.pdf
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(i) the releases contained herein are protected by copyright and other applicable laws; and
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Source: London Mining Plc via Thomson Reuters ONE
Unternehmen: London Mining Plc - ISIN: GB00B1VZK334
[HUG#1530183]
