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Thu 13 Jan 2011, 16:31 PLN - Platmin Limited - Notification of major interest in shares
PLN
PLN                                                                             
PLN - Platmin Limited - Notification of major interest in shares                
Platmin Limited                                                                 
Incorporated in the accordance with the laws of Canada                          
Registration number: 610178-0                                                   
Share code on TSX: PPN                                                          
Share code on AIM: PPN                                                          
Share code on JSE: PLN                                                          
ISIN: CA72765Y1097                                                              
For filings with the FSA include                                                
the annex                                                                       
For filings with issuer exclude the                                             
annex                                                                           
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                 
                                                                                
1. Identity of the issuer or the        Platmin Limited                         
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                                     
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                   X            
Other (please                                                                   
specify):                                                                       
3. Full name of person(s) subject  Pallinghurst Investor Consortium II          
to the notification obligation:    (Lux) S.a r.l                                
iii                                                                             
4. Full name of shareholder(s)     See 3 above                                  
(if different from 3.):iv                                                       
5. Date of the transaction and     21 December 2010                             
date on which the threshold is                                                  
crossed or reached: v                                                           
6. Date on which issuer notified:  12 January 2011                              
7. Threshold(s) that is/are        10%                                          
crossed or reached: vi, vii                                                     
8. Notified details:                                                            
A: Voting rights attached to shares viii, ix                                    
Class/type    Situation         Resulting situation after the triggering        
of shares     previous to the   transaction                                     
if possible  triggering                                                         
using the     transaction                                                       
ISIN CODE                                                                       
Number   Number   Number  Number of voting   % of  voting          
             of       of       of      rights             rights x              
             Shares   Voting   shares                                           
                      Rights                                                    
Direct  Direct   Indirect  Direct   Indirect     
                                       xi       xii                             
Common        69,251,  69,251,  69,251, 69,251,            9.24%                
Shares        029      029      029     029                                     
CA72765Y1097                                                                    
B: Qualifying Financial Instruments                                             
Resulting situation after the triggering transaction                            
Type of           Expirat  Exercise/       Number of voting    % of voting      
financial         ion      Conversion      rights that may be  rights           
instrument        date     Period xiv      acquired if the                      
                 xiii                     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       Exerci   Expira  Exercis  Number of voting     % of voting        
financial     se       tion    e/       rights instrument    rights xix, xx     
instrument    price    date    Convers  refers to                               
xvii    ion                                               
                              period                                            
                              xviii                                             
                                                            Nomina  Delta       
l                   
                                                                                
Total (A+B+C)                                                                   
Number of voting rights              Percentage of voting rights                
69,251,029                           9.24%                                      
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                                    
holdvoting rights:                                                              
13. Additional information:                                                     
14. Contact name:                    Hille-Paul Schut                           
15. Contact telephone number:        +352 2689 01                               
Note: Annex should only be submitted to the FSA not the issuer                  
Annex: Notification of major interests in sharesxxii                            
A: Identity of the persons or legal entity subject to the notification          
obligation                                                                      
Full name                            Pallinghurst Investor Consortium II        
(including legal form of legal       (Lux) S.a.r.l                              
entities)                                                                       
Contact address                      13-15 Avenue de la Liberte, L-1931         
(registered office for legal         Luxembourg                                 
entities)                                                                       
Phone number & email                                                            
Other useful information                                                        
(at least legal representative for                                              
legal persons)                                                                  
                                                                                
B: Identity of the notifier, if applicable                                      
Full name                            Platmin Limited                            
Contact address                      Private Bag X11, Highveld, South           
                                    Africa, 0067                                
Phone number & email                 +27 12 661 4280                            
Other useful information                                                        
(e.g. functional relationship with                                              
the person or legal entity subject                                              
to the notification obligation)                                                 
C: Additional information                                                       
For notes on how to complete form TR-1 please see the FSA website.              
Date: 13/01/2011 16:31:01 Produced by the JSE SENS Department.                  
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