Last checked at 6 Apr 2010 08:15
Ashmore Group plc ("Ashmore" or the "Company")
London. 6 April 2010
Notification Pursuant to DTR 3
Ashmore Group plc ("Ashmore", the "Group") has received notification on 1 April 2010 from its CEO, Mr Mark Coombs, that on 1 April 2010 he gifted 1,750,000 ordinary shares ( 0.25%) of 0.01p each in the capital of the Company to charity for nil consideration. As a result of this gift, Mr Coombs' interest in the share capital of Ashmore is reduced to 301,574,200 shares (42.86 per cent of the issued capital).
For further information please contact:
Gay Collins +44 (0) 20 7786 4888
Penrose
Ashmore Group plc +44 (0)20 3077 6000
Graeme Dell - Finance Director
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | ASHMORE GROUP PLC |
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||
|
An acquisition or disposal of voting rights | X | |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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| 3. Full name of person(s) subject to the notification obligation:
| Mark Coombs |
| 4. Full name of shareholder(s) (if different from 3.):
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| 5. Date of the transaction and date on which the threshold is crossed or reached:
| 1 April 2010 |
| 6. Date on which issuer notified:
| 1 April 2010 |
| 7. Threshold(s) that is/are crossed or reached:
| Below 43% |
| 8: Notified Details | |||||||
| A: Voting rights attached to shares
| |||||||
| Class/ type of shares If possible use 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 | Percentage of voting rights | |||
|
Direct |
Indirect |
Direct |
Indirect | ||||
| GB00B132NW22 | 303,324,200 | 303,324,200 | 301,574,200 | 301,574,200 | - | 42.86 | - |
| B: Qualifying Financial Instruments | ||||
| Resulting situation after the triggering transaction
| ||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
| N/A |
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
| Resulting situation after the triggering transaction
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| Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights
| |
| N/A |
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| Nominal | Delta
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| |||||
| Total (A+B+C)
| |
| Number of voting rights | Percentage of voting rights |
| 301,574,200 | 42.86 |
| 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:
| Ashmore shareholders should use 703,556,669 shares as the denominator to determine if they are required to notify their interest in, or a change to their interest in Ashmore under the FSA's Disclosure and Transparency Rules.
|
| 14. Contact name:
| Michael Perman |
| 15. Contact telephone number:
| 0203 077 6000 |