Assetco Regulatory News (ASTO)

27 Jun 2007 12:54

AssetCo PLC27 June 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: AssetCo plc 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: ( ) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: (Yes) Other (please specify) : ( ) Transfer of some shares between holders 3. Full name of person(s) subject to the notification obligation: North Atlantic Value LLP (as investment manager/advisor) 4. Full name of shareholder(s) (if different from 3.): 1. North Atlantic Smaller Companies Investment Trust PLC 2. North Atlantic Value LLP (as Investment Manager/Adviser to other fund management clients) 5. Date of the transaction and date on which the threshold is crossed or reachedif different): 27 April 2007 6. Date on which issuer notified: 27 April 2007 7. Threshold(s) that is/are crossed or reached: Individual holding decrease below 3% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction Number of shares Number of voting Rights Ordinary SharesSedol:3399738 Holder 1: 2,500,000 2,500,000 Holder 2: 1,813,540 1,813,540 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rights if possible using the ISIN CODE Direct Direct Indirect Direct Indirect Ordinary SharesSedol:3399738 Holder 1 1,501,000 1,501,000 2.23% Holder 2 1,900,000 1,900,000 2.83% TOTAL 5.06%B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting % of voting financial Period/ Date rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 3,401,000 5.06% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Not Applicable 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: North Atlantic Value LLP is the investment manager/advisor in respect of the full holding of 5.06% as it is investment manager to holder 1 as well as the other clients included in holder 2. 14. Contact name: Bonita Guntrip 15. Contact telephone number: 020 7747 5681 This information is provided by RNS The company news service from the London Stock Exchange