30 Jun 2008 16:54
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: | Parity Group 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/adviser) & the Swinstead Family | |||||||||||||||
4. Full name of shareholder(s) (if different from 3) | Oryx International Growth Fund Limited North Atlantic Value LLP (as Investment Manager/Adviser to other fund management clients) The Swinstead Family | |||||||||||||||
5. Date of transaction (and date on which the threshold is crossed or reached if different): | 26 June 2008 | |||||||||||||||
6. Date on which issuer notified: | 30 June 2008 | |||||||||||||||
7. Threshold(s) that is/are crossed or reached: | Individual holding of Holder (i) through, 10%, 11%, 12%, 13%, 14% and 15% Total holding of all parties through 19% | |||||||||||||||
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: B123586 Holder 1: 1,705,306 1,705,306 5,909,309 5,909,309 15.54% Holder 2: 551,768 551,768 - - 0% Holder 3: 1,330,050 1,330,050 1,330,050 1,330,050 3.51% TOTAL - 19.05% | ||||||||||||||||
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 | |||||||||||||||
7,239,359 | 19.05% | |||||||||||||||
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: | ||||||||||||||||
14 Contact name: | Bonita Guntrip | |||||||||||||||
15. Contact telephone name: | 020 7747 5681 |