Last checked at 21 Apr 2011 15:13
GENERAL TEXT AMENDMENT
Amendments have been made to the 'Holdings in Company' announcement released on 31 January 2011 at 11.23 a.m. under RNS No 3591A.
Amendments are identified with an asterisk (*).
All other details remain unchanged.
The full amended text is shown below.
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | VERDES MANAGEMENT | ||
2 Reason for the notification (please tick the appropriate box or boxes): | |||
An acquisition or disposal of voting rights | √ | ||
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): Reissued TR-1 following Placing participation | √ | ||
3. Full name of person(s) subject to thenotification obligation: iii | CITY EQUITIES LIMITED | ||
4. Full name of shareholder(s) (if different from 3.):iv | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 11* JANUARY 2011 PLACING PARTICIPATION 26 JANUARY 2011 ADMISSION TO AIM | ||
6. Date on which issuer notified: | 26 JANUARY 2011 | ||
7. Threshold(s) that is/are crossed orreached: vi, vii | ABOVE 8% TO BELOW 8% | ||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, 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 | ||||||||||||
GB00B0DG1X47 | 26,666,666 | 26,666,666 | NIL | NIL | NIL | NIL | NIL | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
NIL | NIL | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
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Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | * We have re-issued this TR-1 which should read, City Equities Limited acquired shares in the company's placing announced on 11 January 2011 (but not as previously indicated 19 January 2011). City Equities Limited no longer have any interest in the shares.
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14. Contact name: | WENYI LIU | |
15. Contact telephone number: | 02074895562 | |