Last checked at 22 Jul 2009 15:18
| For immediate release | 22 July 2009 |
The Off Plan Fund Limited
| 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: |
The Off Plan Fund Limited |
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||
| An acquisition or disposal of voting rights | Disposal | |
| 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): |
|
|
| 3. Full name of person(s) subject to the notification obligation: | RAB Capital PLC acting as Discretionary Manager of RAB Special Situations (Master) Fund Limited |
| 4. Full name of shareholder(s) (if different from 3.): | Credit Suisse Client Nominees (UK) Limited |
| 5. Date of the transaction and date on which the threshold is crossed or reached: | 14 July 2009 |
| 6. Date on which issuer notified: | 20 July 2009 advised 22 July 2009 |
| 7. Threshold(s) that is/are crossed or reached: | Below 3% |
| 8. 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 | |||
|
Ordinary | 107,284 | 107,284 | 0 | 0 | 0 | 0 | 0 |
|
| |||||||
| 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 |
|
|
|
|
| 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 | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights | |
| n/a |
|
|
|
| Nominal | Delta |
|
|
| |||||
| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 0 | 0 |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
| RAB Capital plc acts as investment manager for RAB SPECIAL SITUATIONS (MASTER) FUND LIMITED. RAB Capital plc does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED |
| 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: | n/a |
| 14. Contact name: | Legal team |
| 15. Contact telephone number: | 0207 389 7000 legal@rabcap.com |