6 Jan 2010 16:18
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Billing Services Group Limited
2. Reason for the notification (please state Yes/No):
An acquisition or disposal of voting rights: (N/A)
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (N/A)
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments (YES)
An event changing the breakdown of voting rights: (N/A)
Other (please specify): (N/A)
3. Full name of person(s) subject to the notification obligation (iii):
Regent Pacific Group Limited
4. Full name of shareholder(s) (if different from 3.) (iv):
Regent Pacific Group Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
Acquisition of Contracts for Difference in respect of 8,956,481shares on 23 December 2009
6. Date on which issuer notified:
30th December 2009
7. Threshold(s) that is/are crossed or reached:
3%
8. Notified details:
A: Voting rights attached to shares(vii, ix)
Class/type of shares if possible using the ISIN CODE | Situation previous to the Triggering transaction | |
Number of shares | Number of voting Rights | |
Ordinary Shares | Nil | Nil |
Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights x | ||
Direct | Direct (xi) | Indirect (xii) | Direct | Indirect | |
Ordinary Shares | Nil | Nil | Nil | Nil | Nil |
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument | Expiration Date (xiii) | Exercise/Conversion Period/Date (xiv) | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument | Exercise price | Expiration Date (xvii) | Exercise/Conversion Period (xviii) | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights (xix), (xx) |
Nominal | Delta | ||
Contracts for Difference | 8,956,481 | 3.20% |
Total (A+B+C)
Number of voting rights | % of voting rights |
8,956,481 | 3.20% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
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:
14. Contact name:
Jamie Gibson
15. Contact telephone number:
+852 2514 6111