Holding(s) in Company

Date : 05/13/2008 @ 5:01AM
Source : UK Regulatory (RNS and others)
Stock : Baobab Resources Plc (BAO)
Quote : 11.25  0.0 (0.00%) @ 2:50AM
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Holding(s) in Company

    RNS Number : 2861U
  Baobab Resources PLC
  13 May 2008
   
    NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS

    A form TR-1 containing the following information has been received by the Company.

    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:

    Baobab Resources Plc

    2. Reason for the notification

    Disposal of voting rights

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

    RAB Capital plc
    acting as discretionary manager of RAB Special Situations (Master) Fund Limited

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

    Credit Suisse Client Nominees (UK) Limited

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

    12 May 2008

    6. Date on which issuer notified:
    

    12 May 2008

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

     5%

    8. Notified details:
    

    N/A

    A: Voting rights attached to shares
 Class/type of shares   Situation previous to the Triggering        Resulting situation after
the triggering transaction
  if possible using     transaction 
 the ISIN CODE
                        Number of Shares      Number of Voting      Number of shares   Number
of voting   % of voting
                                              Rights                                   rights 
           rights
                                                                    Direct             Direct 
Indirect   Direct   Indirect
 Ordinary Shares        11,425,000            17.56%                n/a                n/a    
0          n/a      0%
 GB00B19HQ991





    B: Financial Instruments
 Resulting situation after the triggering transaction
 Type of financial instrument   Expiration date  Exercise/ Conversion  Number of voting      %
of voting rights
                                                 Period/ Date          rights that may be
                                                                       acquired if the
                                                                       instrument is
                                                                       exercised/
                                                                       converted. 
             N/A                N/A                      N/A           N/A                  
N/A

    Total (A+B)
 Number of voting rights  % of voting rights
 SEE ABOVE                0%

    9. Chain of controlled undertakings through which the voting rights and/or the financial
instruments are effectively held, if
applicable:

    RAB Capital plc acts as investment manager for RAB SPECIAL SITUATION (MASTER) FUND
LIMITED. RAB Capital plc does not act as custodian
for its clients and therefore the shares are held in the nominee name of the custodian of its
clients, which is CREDIT SUISSE CLIENT
NOMINEES (UK) LIMITED.

    Proxy Voting:
    

    10. Name of the Proxy holder:
    

    N/A

    11. Number of voting rights proxy holder will cease to hold:
    

    N/A

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

    N/A

    13. Additional information:
    

    N/A


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
HOLUOVWRWBRVARR
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