| Avocet was originally admitted to the Official List of the London Stock Exchange in 1996 and subsequently moved its listing to the Alternative Investment Market in July 2002. Following the takeover of Oslo-listed Wega Mining in June 2009, a significant proportion of Avocet’s shareholders were based in Norway and the decision was taken to list on the Oslo Stock Exchange June 2010. In December 2011, Avocet was readmitted to the Official List of the LSE, which is now its primary listing. Avocet trades under the share code AVM on both exchanges. |
| Avocet values the views of its shareholders and recognises their interest in our strategy and performance, board membership and quality of management. We hold regular meetings with, and presents to, our institutional and private shareholders to discuss our objectives. With the help of our brokers, we also regularly meet institutions that do not currently hold shares in the Company. |
Number of shares in issue
|
199,546,710 |
| Number of shares in treasury |
652,965 |
| Number of shares with voting rights |
198,893,745 |
|
|
| Elliott Associates |
18% |
| Datum A.S. |
12.3% |
| J.P. Morgan |
6.5% |
| Blackrock |
6.4% |
| Van Eck Associates |
3.7% |
| Prelas As |
3.0% |
|
Major shareholder information is as at 30 November 2011 and includes the economic interests of shareholders who own CFD's over Avocet's shares. |
| Angela Parr, Investor Relations |
| Avocet Mining PLC, 3rd Floor, 30 Haymarket, London SW1Y 4EX |
| t +44 (0)20 7766 7674 |
e ir@avocetmining.com |
|
| In recent years, many companies have become aware that their shareholders or potential shareholders have received unsolicited correspondence concerning investment matters. These are typically from overseas based individuals purporting to be brokers who target UK shareholders, offering what often turn out to be worthless or high risk shares in US or UK investments. These fraudulent operations are commonly known as 'boiler rooms'. Individuals involved in these fraudulent operations can be very persistent. |
A number of investors have reported that they have been contacted by such individuals offering to sell Avocet Mining PLC shares at a discount to market price.
Investors are advised to be very wary of unsolicited advice, offers to sell shares at a discount or buy at a premium, or offers of free company reports. If you receive any unsolicited investment advice, the FSA's advice to UK investors is to check that the brokers are properly authorised by the FSA, by visiting www.fsa.gov.uk/pages/register and contact the firm using the details on the register (NOT the details provided by the unsolicited caller). |
| To report the matter to the FSA please call +44 845 606 1234 or visit www.fsa.gov.uk/pages/ consumerinformation. |
| If you believe you have been contacted by a fraudulent broker, the City of London police request that you report the details to Action Fraud on 0300 123 2040. If the matter relates to Avocet Mining PLC shares, please quote the reference FDL 10383/11 |
