23 Dec 2009 14:41
Better Capital Limited
(the "Company")
Holding(s) in Company - Replacement
The Company has received notification that the recent TR-1 Notification from Jupiter Asset Management Limited released at 16.31 on 21 December 2009 contained incorrect information due to an error in the original document. The below notification re-issued by Jupiter Asset Management Limited replaces the previous notification.
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Better Capital Ltd | |||
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||||
| An acquisition or disposal of voting rights | ||||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
| An event changing the breakdown of voting rights | ||||
| Other (please specify): | Shares acquired due to placing (correction of notification from 21/12/09) | X | ||
| 3. Full name of person(s) subject to the notification obligation: iii | Jupiter Asset Management Limited ('Jupiter') | |||
| 4. Full name of shareholder(s) (if different from 3.):iv | ||||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 17 December 2009 | |||
| 6. Date on which issuer notified: | 23 December 2009 | |||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | 2.80% | |||
| 8. Notified details: | |||||||||||||||||
| A: Voting rights attached to shares viii, ix | |||||||||||||||||
| 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 x | |||||||||||||
| Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
| Ordinary Shares | 0 | 0 | 0 | 0 | 4,000,000 | 0 | 2.80% | ||||||||||
| B: Qualifying Financial Instruments | |||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||
| Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | |||||||||||||
| n/a | n/a | n/a | n/a | n/a | |||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||
| Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | ||||||||||||
| n/a | n/a | n/a | n/a | n/a | Nominal | Delta | |||||||||||
| Total (A+B+C) | |||||||||||||||||
| Number of voting rights | Percentage of voting rights | ||||||||||||||||
| 4,000,000 | 2.80% | ||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
| The shares will appear on the register in the following names: Nortrust Nominees Limited - 4,000,000 | ||
| Proxy Voting: | ||
| 10. Name of the proxy holder: | ||
| 11. Number of voting rights proxy holder will cease to hold: | ||
| 12. Date on which proxy holder will cease to hold voting rights: | ||
| 13. Additional information: | The above 4,000,000 shares were acquired as a result of the recent placing. This is based on an issued share capital of 142,000,000. The announcement on 21/12/09 was calculated with the incorrect number of shares in issue. This notification shows the adjusted percentage of Jupiter's holding. | |
| 14. Contact name: | Shannon Craddock | |
| 15. Contact telephone number: | 0207 314 4775 | |