TR1: Notification of Major Interest in Shares

20 November 2008

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

West African Diamonds Plc

 

2. Reason for the notification (please place an X inside the appropriate bracket/s):

 

An acquisition or disposal of voting rights: (    )

 

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (    )

 

An event changing the breakdown of voting rights: (    )

 

Other (please specify) Due to increase in issued share capital : (X)

 

3. Full name of person(s) subject to the notification obligation:

Royal Bank of Scotland as Trustee of the BlackRock Gold & General Fund

(Note: Formerly known as Royal Bank of Scotland as Trustee of the Merill Lynch Gold & General Fund. Name change effective 28 April)

 

4. Full name of shareholder(s) (if different from 3.) :

 

5. Date of the transaction (and date on which the threshold is crossed or  reached if different):

N/A

 

6. Date on which issuer notified:

20 November 2008

 

7. Threshold(s) that is/are crossed or reached:

Holding has gone below 9%

 

8. Notified details:

 

A: Voting rights attached to shares

 

Class/type of shares if possible using the ISIN CODE

Situation previous to the Triggering transaction




Number of shares

Number of voting Rights


GB00B1CQN147

3,323,428

3,323,428

 

Resulting situation after the triggering transaction

 

Class/type of shares if possible using the ISIN CODE

Number of shares

Number of voting rights

% of voting rights




Direct

Direct

Indirect

Direct

Indirect

3,323,428

3,323,428

3,323,428

n/a

5.71%

n/a

 

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

 

 

 

 

 

 

Total (A+B)

Number of voting rights

% of voting rights

3,323,428

5.71%

 

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 cease to hold:

……………..

 

12. Date on which proxy holder will cease to hold voting rights:

……………..

 

13. Additional information:

……………..

 

14. Contact name:

Lousie Lyle

 

15. Contact telephone number:

0131 472 7472



BACK