Holding(s) in Company

For immediate release

9 March 2021

Serabi Gold plc ("Serabi" or the "Company")Holding(s) in Company

The Board of Serabi announces that the Company has received the following TR-1 notification which is set out below.

Enquiries:

Serabi Gold plc        Michael Hodgson                   Tel: +44 (0)20 7246 6830Chief Executive                     Mobile: +44 (0)7799 473621

Clive Line                               Tel: +44 (0)20 7246 6830Finance Director                    Mobile: +44 (0)7710 151692

Email: [email protected]       Website:  www.serabigold.com        

Beaumont Cornish LimitedNominated Adviser and Financial Adviser          Roland Cornish                      Tel: +44 (0)20 7628 3396Michael Cornish                     Tel: +44 (0)20 7628 3396

Peel Hunt LLPUK Broker     Ross Allister                           Tel: +44 (0)20 7418 8900

Copies of this announcement are available from the Company's website at www.serabigold.com.Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this announcement.

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			Serabi Gold plc
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights						x
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights						x
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			PREMIER MITON GROUP PLC
City and country of registered office (if applicable)			London, UK
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:			09/03/2021
6. Date on which issuer notified (DD/MM/YYYY):			09/03/2021
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights held in issuervii
Resulting situation on the date on which threshold was crossed or reached	6.47%	N/A		6.47%	4,900,000
Position of previous notification (if applicable)	N/A	N/A		N/A

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of sharesISIN code (if possible)		Number of voting rightsix					% of voting rights
		Direct(DTR5.1)		Indirect (DTR5.2.1)			Direct(DTR5.1)		Indirect(DTR5.2.1)
GB00BG5NDX91				4,900,000					6.47%
SUBTOTAL 8. A		4,900,000					6.47%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)				x
Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Premier Miton Group Plc
Premier Asset Management Midco Ltd
Premier Asset Management Holdings Ltd
Premier Asset Management Limited
Premier Investment Group Ltd
Premier Fund Managers Ltd	6.47%		6.47%
10. In case of proxy voting, please identify:
Name of the proxy holder		N/A
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/A
11. Additional informationxvi

Place of completion	LONDON, UK
Date of completion	09/03/2021

Source: Serabi Gold plc

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