26 Jun 2009 17:11
PRESS ANNOUNCEMENT | ||||||||||||||||||||||||||
FOR IMMEDIATE RELEASE | ||||||||||||||||||||||||||
26 June 2009 | ||||||||||||||||||||||||||
SOMERO ENTERPRISES, INC. | ||||||||||||||||||||||||||
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: | Somero Enterprises, Inc. | |||||||||||||||||||||||||
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: | Ennismore Fund Management Limited | |||||||||||||||||||||||||
4. Full name of shareholder(s) (if different from 3): | 1) Ennismore European Smaller Companies Fund 2) Ennismore European Smaller Companies Master Hedge Fund | |||||||||||||||||||||||||
5. Date of transaction (and date on which the threshold is crossed or reached if different): | 26 June 2009 | |||||||||||||||||||||||||
6. Date on which issuer notified: | 26 June 2009 | |||||||||||||||||||||||||
7. Threshold(s) that is/are crossed or reached: | 11% | |||||||||||||||||||||||||
8: Notified Details | ||||||||||||||||||||||||||
A: Voting rights attached to shares | ||||||||||||||||||||||||||
Class/type of shares | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | ||||||||||||||||||||||||
If possible use ISIN code | Number of shares | Number of voting rights | Number of shares | Number of voting rights | Percentage of voting rights | |||||||||||||||||||||
Direct | Direct | Indirect | Direct | Indirect | ||||||||||||||||||||||
USU834501038 | 3,700,000 | 3,700,000 | 6,538,600 | 6,538,600 | 11.59% | |||||||||||||||||||||
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 | |||||||||||||||||||||||||
6,538,600 | 11.59% | |||||||||||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: | ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
1) Ennismore European Smaller Companies Fund = 4,278,323 shares 2) Ennismore European Smaller Companies Master Hedge Fund = 2,260,277 shares Therefore, the total under management: Ennismore Fund Management Limited = 6,538,600 shares | ||||||||||||||||||||||||||
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: | Danielle Etkin | |||||||||||||||||||||||||
15. Contact telephone name: | +44 20 7368 4200 | |||||||||||||||||||||||||