TIDMHOC TIDMPRU

RNS Number : 1737T

Hochschild Mining PLC

24 March 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                         Hochschild Mining plc 
  the underlying 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                                      X 
---------------------------------------------------------------  ---------------------------------- 
 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)                                     Prudential plc group of companies 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                            Prudential plc 
                                                                        M&G Group Limited 
                                                                    M&G Investment Management 
                                                                             Limited 
                                                                           M&G Limited 
---------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                              22 March 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                 23 March 2016 
  notified: 
---------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are                                              See item 13 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------------- 
 Class/type             Situation previous                    Resulting situation after the 
  of                     to the triggering                     triggering transaction 
  shares                 transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------------  ------------------------------------  ---------------------------------------------------------------- 
                        Number             Number             Number          Number of                % of voting 
                         of                 of                 of shares       voting                   rights (x) 
                         Shares             Voting                             rights 
                                            Rights 
-------------------    -----------------  -----------------  --------------  -----------------------  ----------------------- 
                                                              Direct          Direct     Indirect      Direct      Indirect 
                                                                              (xi)        (xii) 
-------------------      -------------      -------------    --------------  ---------  ------------  ----------  ----------- 
 
      ORD GBP0.25 
      GB00B1FW5029         26,724,355         26,724,355       25,908,944        0       25,908,944        0         5.12% 
---------------------  -----------------  -----------------  --------------  ---------  ------------  ----------  ----------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Expiration         Exercise/                          Number of voting         % of voting 
  instrument               date               Conversion                         rights that              rights 
                           (xiii)             Period (xiv)                       may be 
                                                                                 acquired if 
                                                                                 the 
                                                                                 instrument 
                                                                                 is 
                                                                                 exercised/ 
                                                                                 converted. 
-----------------------  -----------------  ---------------------------------  -----------------------  --------------------- 
      ORD GBP0.25                                                                       80,371                  0.02% 
      GB00B1FW5029 
    (Right of Recall) 
-----------------------  -----------------  ---------------------------------  -----------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Exercise           Expiration         Exercise/       Number of voting           % of voting 
  instrument          price              date               Conversion       rights instrument          rights (xix, 
                                         (xvii)             period           refers to                  xx) 
                                                            (xviii) 
-------------------  -----------------  -----------------  --------------  -------------------------  ----------------------- 
                                                                                                       Nominal       Delta 
-------------------  -----------------  -----------------  --------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                    Percentage of voting rights 
-------------------------------------------------------------------------  -------------------------------------------------- 
 25,989,315                                                                 5.14% 
-------------------------------------------------------------------------  -------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------------ 
 
   Prudential plc (parent Company) - 25,989,315 (5.14%) 
   M&G Group Limited (wholly owned subsidiary of Prudential 
   plc) - 25,989,315 (5.14%) 
   M&G Investment Management Limited (wholly owned subsidiary 
   of M&G Group Limited) - 25,989,315 (5.14%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) 
   - 25,989,315 (5.14%) 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                                                 N/A 
--------------------------------------------------------  -------------------------------------------- 
 11. Number of voting rights proxy                                             N/A 
  holder will cease to hold: 
--------------------------------------------------------  -------------------------------------------- 
 12. Date on which proxy holder will                                           N/A 
  cease to hold voting rights: 
--------------------------------------------------------  -------------------------------------------- 
 
 
  13. Additional information:                                M&G Securities Limited (wholly owned 
                                                             subsidiary of M&G Limited) has moved 
                                                             below a 5% notifiable interest triggering 

(MORE TO FOLLOW) Dow Jones Newswires

March 24, 2016 05:59 ET (09:59 GMT)

                                                             this notification. 
--------------------------------------------------------  -------------------------------------------- 
 14. Contact name:                                         Raj Bhasin, Company Secretary, Hochschild 
                                                            Mining plc 
--------------------------------------------------------  -------------------------------------------- 
 15. Contact telephone 
  number:                                                  020 3714 9040 
--------------------------------------------------------  -------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUSVKRNWAOURR

(END) Dow Jones Newswires

March 24, 2016 05:59 ET (09:59 GMT)

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