24 Feb 2011 15:45
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: ii | PRIVATE & COMMERCIAL FINANCE GROUP PLC |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | x | |
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 | ||
Other (please specify): |
| |
3. Full name of person(s) subject to the notification obligation: iii
|
BROOKWELL LIMITED |
4. Full name of shareholder(s) (if different from 3.):iv
|
NORTRUST NOMINEES LIMITED |
5. Date of the transaction and date on which the threshold is crossed or reached: v | 24 FEBRUARY 2011 |
6. Date on which issuer notified:
| 24 FEBRUARY 2011 |
7. Threshold(s) that is/are crossed or reached: vi,vii
| >19% |
8. Notified details: | |||||||
A: Voting rights attached to shares vii, ix
| |||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||
ORD SHARES GB0004189378 | 0 | 0 | 10,546,200 | 10,546,200 | 19.99% | ||
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
| ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted.
| % of votingrights |
n/a | ||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction
| ||||||
Type of financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights xix, xx
| |
n/a | Nominal | Delta
| ||||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
10,546,200 | 19.99% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: |
n/a |
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:
| Progressive AIM Realisation Limited is Investment Manager to Brookwell Limited. |
14. Contact name:
| Russell Scott |
15. Contact telephone number:
| 020 7490 4355 |