25 Mar 2010 10:46
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:
Nasstar plc
2 Reason for the notification:
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation:
Nigel Hill
4. Full name of shareholder(s) (if different from 3.):
The Leadership Factor Limited Directors' Retirement Benefit Plan
Nigel Hill
5. Date of the transaction and date on which the threshold is crossed or reached:
19 February 2010
6. Date on which issuer notified:
24 March 2010
7. Threshold(s) that is/are crossed or reached:
Below reportable to 15%
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 | |
| Number of Shares | Number of Voting Rights | |
| GB00B0T1S097 | Below reportable | Below reportable |
| Class/type of shares if possible using the ISIN CODE | Resulting situation after the triggering transaction | ||||
| Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Direct | Indirect | Direct | Indirect | |
| GB00B0T1S097 | 5,417,360 | 5,417,360 | - | 15.16% | - |
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 |
| 5,417,360 | 15.16% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
1,017,360 ordinary shares are held by Nigel Hill directly
4,400,000 ordinary shares are held in Nigel Hill's pension fund, The Leadership Factor Limited Directors' Retirement Benefit Plan
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:
13. Additional information:
14. Contact name:
Martin Ferry
15. Contact telephone number:
07977485786