12 Mar 2009 15:34
For filings with the FSA include the annex For filings with issuer exclude the annex |
TR-1: Notifications of Major Interests in Shares |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Celsis International Plc |
2. Reason for notification (yes/no) | |
An acquisition or disposal of voting rights | Yes |
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |
An event changing the breakdown of voting rights | |
Other (please specify):______________ |
3. Full name of person(s) subject to notification obligation: | North Atlantic Value LLP (as investment manager/advisor) |
4. Full name of shareholder(s) (if different from 3): | 1. Oryx International Growth Fund Limited 2. North Atlantic Smaller Companies Investment Trust Plc |
5. Date of transaction (and date on which the threshold is crossed or reached if different): | 11 March 2009 |
6. Date on which issuer notified: | 12 March 2009 |
7. Threshold(s) that is/are crossed or reached: | Total holding increased through 18% |
8: Notified Details | |||||||
A: Voting rights attached to shares | |||||||
Class/type of shares If possible use 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 | Percentage of voting rights | |||
Direct | Indirect | Direct | Indirect | ||||
Ordinary shares Sedol: B0CD5F6
Holder 1
Holder 2 |
1,500,000
2,426,440 |
1,500,000
2,426,440 |
1,500,000
2,526,440 |
1,500,000
2,526,440
TOTAL
|
6.85%
11.54%
18.39% |
B: Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
Total (A+B) | |
Number of voting rights | Percentage of voting rights |
4,026,440 | 18.39% |
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
Not applicable |
Proxy Voting: | |
10. Name of 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: | North Atlantic Value LLP is the investment manager/advisor in respect of the full 18.39% holding as it is investment manager to Holder 1 as well as Holder 2. |
14 Contact name: | Bonita Guntrip |
15. Contact telephone number: | 020 7747 5681 |
For notes on how to complete form TR-1 please see the FSA website.