29 Nov 2007 18:07
FRM Credit Alpha Limited29 November 2007 Standard Form TR-1Voting rights attached to shares- Article 12(1) of directive 2004/109/ECFinancial instruments - Article 11(3) of the Commission Directive 2007/14/EC(i) 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): 2. Reason for the notification (please tick the appropriate box or boxes): (x) an acquisition or disposal of voting rights ( ) an acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached ( ) an event changing the breakdown of voting rights 3. Full name of person(s) subject to the notification obligation(iii): NewtonInvestment Management Ltd. 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): 27/11/07 6. Date on which issuer notified; 29/11/07 7. Threshold(s) that is/are crossed or reached: An increase from 5.88% to 13.22% 8. Notified details: A) Voting rights attached to shares----------------------------------------------- Class/type Situation previous Resulting situation after the triggeringof shares to the Triggering transaction(1)(if possible transaction (1) using the ISIN CODE) ----------- Number of Number Number Number of voting % of voting rights Shares(1) of of rights(1) Voting shares rights (1) (1) Direct Direct Indirect Direct Indirect (1) (1) ----------- ---------- ------- ------- ------- ------- ------- -------GG00B1QH6J27 2,703,500 5.88% 9,946,590 13.22%----------- ---------- ------- ------- ------- ------- -------- ------- SUBTOTAL A(based on aggregatevotingrights)-------------------------------------------------------------------------------- B) Financial Instruments-----------------------------------------------Resulting situation after the triggering transaction(1)----------------------------------------------- Type of Expiration Exercise/ Number of voting rights % of votingfinancial Date(1) Conversion that may be acquired if rightsinstrument Period/ Date(1) the instrument is exercised/converted ----------- ---------- ------------ ----------------------- ------------- SUBTOTAL B (in relation to all expiration dates) ------------------------------------------------------- Total (A+B) number of voting rights % of voting rights9,946,590 13.22 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable(vi): Newton InvestmentManagement Ltd hold these shares as a discretionary Investment Manager. 10. In case of proxy voting: (name of the proxy holder) will cease to hold(number) voting rights as of (date). N/A 11. Additional information: Done at (place) on (date). Annex to the standard form TR-1 (vii) a) Identity of the person or legal entity subject to the notificationobligation: Full name (including legal form for legal Newton Investment Management Ltd.entities) Contact address (registered office for legal 160 Queen Victoria Street, Londonentities) England, EC4V 4LA Phone number 44 (0)207 163 9000 Other useful information (at least legal Rachel Wheelerrepresentative for legal persons) b) Identity of the notifier, if applicable(viii): Full name Asif S Lalani Contact address 160 Queen Victoria Street London, England, EC4V 4LA Phone number 44 (0)207 7163 5115 Other useful information (e.g. functional relationshipwith the person or legal entity subject to thenotification obligation) c) Additional information Notes to Form TR-1 -------------------------- (i) This form is to be sent to the issuer or underlying issuer and to be filedwith the competent authority. (ii) Either the full name of the legal entity or another method for identifyingthe issuer or underlying issuer, provided it is reliable and accurate. (iii) This should be the full name of (a) the shareholder; (b) the naturalperson or legal entity acquiring, disposing of or exercising voting rights inthe cases provided for in Article 10 (b) to (h) of Directive 2004/109/EC; (c)all the parties to the agreement referred to in Article 10 (a) of thatDirective, or (d) the holder of financial instruments entitled to acquire sharesalready issued to which voting rights are attached, as appropriate. In relation to the transactions referred to in points (b) to (h) of Article 10of that Directive, the following list is provided as indication of the personswho should be mentioned: - in the circumstances foreseen in letter (b) of Article 10 of that Directive,the natural person or legal entity that acquires the voting rights and isentitled to exercise them under the agreement and the natural person or legalentity who is transferring temporarily for consideration the voting rights; - in the circumstances foreseen in letter (c) of Article 10 of that Directive,the natural person or legal entity holding the collateral, provided the personor entity controls the voting rights and declares its intention of exercisingthem, and natural person or legal entity lodging the collateral under theseconditions; - in the circumstances foreseen in letter (d) of Article 10 of that Directive,the natural person or legal entity who has a life interest in shares if thatperson or entity is entitled to exercise the voting rights attached to theshares and the natural person or legal entity who is disposing of the votingrights when the life interest is created; - in the circumstances foreseen in letter (e) of Article 10 of that Directive,the controlling natural person or legal entity and, provided it has anotification duty at an individual level under Article 9, under letters (a) to(d) of Article 10 of that Directive or under a combination of any of thosesituations, the controlled undertaking; - in the circumstances foreseen in letter (f) of Article 10 of that Directive,the deposit taker of the shares, if he can exercise the voting rights attachedto the shares deposited with him at his discretion, and the depositor of theshares allowing the deposit taker to exercise the voting rights at hisdiscretion; - in the circumstances foreseen in letter (g) of Article 10 of that Directive,the natural person or legal entity that controls the voting rights; - in the circumstances foreseen in letter (h) of Article 10 of that Directive,the proxy holder, if he can exercise the voting rights at his discretion, andthe shareholder who has given his proxy to the proxy holder allowing the latterto exercise the voting rights at his discretion. (iv) Applicable in the cases provided for in Article 10 (b) to (h) of Directive2004/109/EC. This should be the full name of the shareholder who is thecounterparty to the natural person or legal entity referred to in Article 10 ofthat Directive unless the holdings of the shareholder would be lower than 5% ofthe total number of voting rights. (v) The date of the transaction should normally be, in the case of an onexchange transaction, the date on which the matching of orders occurs; in thecase of an off exchange transaction, date of the entering into an agreement. The date on which threshold is crossed should normally be the date on which theacquisition, disposal or possibility to exercise voting rights takes effect. Forpassive crossings, the date when the corporate event took effect.(DEL: :DEL) (vi) The notification should include the name(s) of the controlled undertakingsthrough which the voting rights are held. The notification should also includethe amount of voting rights and the percentage held by each controlledundertaking, (DEL:i:DEL)nsofar as individually the controlled undertaking holds3% or more, and insofar as the notification by the parent undertaking isintended to cover the notification obligations of the controlled undertaking. (vii) This annex is only to be filed with the competent authority. (viii) Whenever another person makes the notification on behalf of theshareholder or the natural person/legal entity referred to in Articles 10 and 13of Directive 2004/109/EC This information is provided by RNS The company news service from the London Stock Exchange