AVR Avarae

TIDMAVR

RNS Number : 6927N

Avarae Global Coins PLC

19 May 2015

Avarae Global Coins plc

( the "Company")

Holding(s) in Company

The Directors of Avarae Global Coins plc (AIM: AVR.L), the UK's only publicly traded company dedicated to investing in rare and high quality coins, were today notified by Mr Ian Goldbart that, following the purchases of an aggregate of 9,100,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") on 18 May 2015 by Mr Goldbart and persons connected to Mr Goldbart, Mr Goldbart and his connected parties are now interested in 10,130,001 Ordinary Shares, representing approximately 12.54% of the Company's issued ordinary share capital.

For further information on Avarae Global Coins plc, please contact:

 
                                          +44 (0)16 2461 
 Diane Clarke/Matt Wood                             5614 
 Avarae Global Coins plc 
 
                                          +44 (0)20 7220 
 Adrian Hadden/James Bavister                       1666 
 WH Ireland Ltd (nomad and broker) 
 
 Toby Hall 
 gth Media Relations Financial 
  PR                                  +44 (0)7713 341072 
 

Notes to editors:

Avarae Global Coins plc ("Avarae") provides access for institutions and individuals wanting to diversify their investment portfolios away from the traditional asset classes such as equities, property and bonds without the need to be an expert in the coin-collecting sector.

The Company's investment policy is to invest in rare, high quality antique coins and coin collections from across the world. It continues to build up an impressive portfolio of extremely high quality, rare coins which it intends to hold both for the long-term (i.e. 3 to 5 years), in order to achieve long-term capital growth for our shareholders, and also the short-term, in order to take advantage of short-term trading opportunities, as the market for rare coins continues to grow.

A principal objective of the Company is to achieve long-term capital growth through the appreciation in the value of the coins acquired.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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