3 Sep 2008 15:44
Advent Capital (Holdings) PLC
("Advent" or the "Company")
Notification of major interests in shares
Advent Capital (Holdings) PLC announces that it received the following notification pursuant to the Disclosure and Transparency Rules.
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Advent Capital (Holdings) PLC
Reason for the notification:
Following the recent offer from Fairfax becoming unconditional on the 29 August 2008.
Full name of person(s) subject to the notification obligation:
Phoenix Asset Management Partners Ltd.
Full name of shareholder(s) (if different from 3):
n/a
Date of the transaction (and date on which the threshold is crossed or reached if different): 29 August 2008.
Date on which issuer notified: 3 September 2008.
Threshold(s) that is/are crossed or reached: Below 3%
Notified details:
| A: Voting rights attached to shares | |||||||
| Class/type of shares (if possible using the ISIN CODE) | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of Shares | Number of voting rights | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Direct | Indirect | Direct | Indirect | |||
| GB00B2QBXL27 | 6,914,856 | 17.01% | 1,216,510 | 2.99% | |||
| B: Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial Instrument | Expiration date | Exercise/Conversion Period/Date | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| Total (A+B) | |
| Number of voting rights | % of voting rights |
| 1,216,510 | Below 2.99% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: N/A
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will cease to hold: N/A
12. Date on which proxy holder will cease to hold voting rights: N/A
13. Additional information:
None
14. Contact name: Charlotte Maby
15. Contact telephone number: 0208 600 0100
3 September 2008
For further information please contact:
| Advent Capital (Holdings) PLC | Tel: 020 7743 8200 | |
| Keith Thompson | ||
| Chief Operating Officer | ||
| Neil Ewing | Tel: 020 7743 8250 | |
| Investor Relations | ||
| Fox-Pitt, Kelton | Tel: 020 7663 6000 | |
| Simon Law | ||
| Jonny Franklin-Adams | ||
| Pelham Public Relations | Tel: 020 7743 6362 | |
| Polly Fergusson | ||
| Damian Beeley |