REG-Holding(s) in Company <Origin Href="QuoteRef">VAST.L</Origin>

Vast ResourcesAnnouncement

31/03/2016 16:50

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i                                                                                                                                        
                                                                                                                                                                                        
  1. Identity of the issuer or the underlying issuer                                                                               Vast Resources Plc                                     
  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 to the                                              Sapi River Investments Limited                                                                    
  notification obligation: iii                                                                                                                                                            
  4. Full name of shareholder(s)                                                                                                                                                         
   (if different from 3.): iv                                                                                                                                                            
  5. Date of the transaction and date on                                                                                                                                                 
  which the threshold is crossed or                                                                                                                                                       
  reached: v                                                                                                                                                                              
  6. Date on which issuer notified:                                                     30 th March 2016                                                                                  
  7. Threshold(s) that is/are crossed or                                                11%                                                                                               
  reached: vi, vii                                                                                                                                                                        
  8. Notified details:                                                                                                                                                                                                                  
  A: Voting rights attached to shares viii, ix                                                                                                                                                                                          
  Class/type of                       Situation previous                                                       Resulting situation after the triggering transaction                                                                     
  shares                              to the triggering                                                                                                                                                                                 
  if possible using the ISIN CODE     transaction                                                                                                                                                                                       
  Number                                                     Number                                 Number                Number of voting                               % of  voting rights x                               
  of                                                         of                                     of shares             rights                                                                                              
  Shares                                                     Voting                                                                                                                                                           
                                                             Rights                                                                                                                                                           
  Direct                                          Direct xi             Indirect xii                Direct                           Indirect               
  GB00B142P698                        217,645,260                       217,645,260                            217,645,260           217,645,260                                    10.4642%                                          
                                                                                                                                                                                                                                       
  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 xiv                                      rights that may be                                        rights                       
                                                                                                                                                 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 financial                               Exercise price        Expiration date xvii        Exercise/                        Number of voting rights instrument refers to               % of voting rights xix, xx            
  instrument                                                                                        Conversion period xviii                                                                                                             
                                                                                                                                                                                           Nominal                       Delta    
                                                                     
                                                                                                                                                                                                                                       
  Total (A+B+C)                                                                                                                                                                                                                         
  Number of voting rights                                                                                                 Percentage of voting rights                                                                                   
  217,645,260                                                                                                                                                                                                                          
  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:                                 FNB International Trustees Limited   
  11. Number of voting rights proxy holder will cease           217,645,260                          
  to hold:                                                                                           
  12. Date on which proxy holder will cease to hold                                                 
  voting rights:                                                                                     
                                                                                                    
                                                                                                     
  13. Additional information:                                                                        
  14. Contact name:                                                                                 
  15. Contact telephone number: