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Holding(s) in Company

14 Sep 2010 09:05

RNS Number : 6313S
Redstone PLC
14 September 2010
 



 

 

 

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:

Redstone Plc

 

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

Yes

 

Other (please specify):

 

3. Full name of person(s) subject to the notification obligation:

 

 

SVG Investment Management Limited (as investment manager/advisor)

4. Full name of shareholder(s) (if different from 3.):

 

HSBC Global Custody Nominee (UK) Ltd (13,235,714 shares) / Nortrust Nominees Ltd (15,736,788 shares)

5. Date of the transaction and date on which the threshold is crossed or reached:

 

8 September 2010

6. Date on which issuer notified:

 

9 September 2010

7. Threshold(s) that is/are crossed or reached:

 

Holding decreased to under 5% due to an issue of new shares by the company.

 

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

 GB00B1VGFJ71

28,972,502

28,972,502

28,972,502

28,972,502

1.1%

 

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

 

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

 

Nominal

Delta

 

 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

28,972,502

1.1%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if 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:

 

14. Contact name:

 

 Ben Russell

15. Contact telephone number:

 

020 7010 8959

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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