NAD Namakwa DI.

TIDMNAD

RNS Number : 9235E

Namakwa Diamonds Limited

07 June 2012

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                  Namakwa Diamonds Limited 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
--------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
-------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                     Yes 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject                                       Saurin Parikh 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                                      Mashreq Bank PJSC 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                                       18 May 2012 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                         7 June 2012 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                3% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type   Situation previous                    Resulting situation after the triggering 
 of            to the triggering                     transaction 
 shares        transaction 
 
 if 
 possible 
 using 
 the ISIN 
 CODE 
-----------  ------------------------------------  ----------------------------------------------------------------------- 
              Number            Number              Number         Number of voting           % of voting rights 
               of                of                  of shares      rights                     (x) 
               Shares            Voting 
                                 Rights 
-----------  ----------------  ------------------  -------------  -------------------------  ----------------------------- 
                                                    Direct         Direct          Indirect   Direct         Indirect 
                                                                    (xi)            (xii) 
-----------    -----  -------  ------  -----  ---  -------------  --------------  ---------  -------------  -------------- 
 Ordinary 
 Shares 
 B29QKK2      8,637,501         8,637,501           12,612,538     12,612,538                 4.1407% 
             ----------------  ------------------  -------------  --------------  ---------  -------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration       Exercise/                        Number of voting              % of voting 
  instrument            date (xiii)      Conversion Period                rights that may               rights 
                                         (xiv)                            be 
                                                                          acquired if the 
                                                                          instrument is 
                                                                          exercised/ converted. 
--------------------  ---------------  -------------------------------  ----------------------------  -------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise        Expiration     Exercise/           Number of voting               % of voting rights 
 financial       price           date (xvii)    Conversion          rights instrument              (xix, xx) 
 instrument                                     period              refers to 
                                                (xviii) 
-------------  --------------  -------------  ------------------  -----------------------------  ------------------------- 
                                                                                                  Nominal       Delta 
-------------  --------------  -------------  ------------------  -----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ---------------------------------------------------------- 
 12,612,538                                                      4.1407% 
--------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
 
 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:                                                       Ken Job 
----------------------------------------  -------------------------------------- 
                                                                    +97143632005 
 15. Contact telephone number:                                     +971557896333 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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