17 Apr 2012 12:52
SPARK Ventures plc ("SPARK" or the "Company")
17 April 2012
Notification of major interests in shares
The Company was notified on 16 April 2012 that RWC Partners Ltd are no longer the investment advisors to the St James's Place UK Growth Unit Trust.
The St James's Place UK Growth Unit Trust was beneficially interested in 29,394,424 ordinary shares of 0.4p each in SPARK ("Ordinary Shares") which represents 7.2% of the voting rights and issued share capital (after excluding shares held in Treasury) of the Company.
In aggregate, RWC Partners Ltd now manages 22,796,453 Ordinary Shares which represents 5.6% of the voting rights and issued share capital (after excluding shares held in Treasury) in the Company.
The shares managed by RWC Partners Ltd are held as follows:
Shareholder | Ordinary Shares held |
RWC UK Pilgrim Fund | 5,816,453 |
Rhodia Pension Fund | 8,480,000 |
RWC UK Focus Fund | 8,500,000 |
Total | 22,796,453 |
The Company was notified on 16 April 2012 that the Ordinary Shares previously beneficially held by the St James's Place UK Growth Unit Trust have been sold to the Majedie Asset Special Situations Investment Fund and are now managed by Majedie Asset Management Limited ("Majedie"). In aggregate, Majedie now manages 39,966,724 Ordinary Shares, 9.7% of the voting rights and issued share capital (after excluding shares held in Treasury) in the Company.
The shares managed by Majedie are held as follows:
Shareholder | Ordinary shares held |
Majedie Asset UK Equity Fund | 6,082,500 |
Majedie Asset UK Opportunities Fund | 4,489,800 |
Majedie Asset Special Situations Investment Fund | 29,394,424 |
Total | 39,966,724 |
For further information:
SPARK Ventures plc 020 7851 7777
Andrew Betton, Company Secretary
Canaccord Genuity Limited
Mark Dickenson / Sebastian Jones 020 7523 8350