Last checked at 26 Apr 2010 14:13
| 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: | CRESTON PLC |
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||
|
An acquisition or disposal of voting rights | YES
| |
|
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | NO
| |
|
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | NO
| |
|
An event changing the breakdown of voting rights | NO
| |
|
Other (please specify): |
| NO
|
| 3. Full name of person(s) subject to the notification obligation:
| PANGAEA ONE MANAGEMENT LLC
|
| 4. Full name of shareholder(s) (if different from 3.):
| JEFFERIES INTERNATIONAL (NOMINEES) LIMITED
|
| 5. Date of the transaction and date on which the threshold is crossed or reached:
| 21 APRIL 2010
|
| 6. Date on which issuer notified:
| 26 APRIL 2010
|
| 7. Threshold(s) that is/are crossed or reached:
| 9% - 4%
|
| 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 |
5,708,288 |
5,708,288 |
2,908,288 |
0 |
2,908,288 |
0 |
4.74% |
|
| |||||||
| 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 |
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|
|
|
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| 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
| |
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| Nominal | Delta
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| |||||
| Total (A+B+C)
| |
| Number of voting rights | Percentage of voting rights |
| 2,908,288 | 4.74% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
|
Silicon Metals Holdings LLC |
| 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:
|
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| 13. Additional information:
|
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| 14. Contact name:
| SABINA POTACK OR ALLYSON MOREANO
|
| 15. Contact telephone number:
| 001 212 461 6363 |