4 Jun 2009 11:20
PRESS ANNOUNCEMENT | ||||||||||||||||||||||||||
FOR IMMEDIATE RELEASE | ||||||||||||||||||||||||||
4 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 | ||||||||||||||||||||||||||
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): | Yes - initial notification due to new FSA rules | |||||||||||||||||||||||||
3. Full name of person(s) subject to notification obligation: | Toscafund Asset Management LLP Tosca Small Cap | |||||||||||||||||||||||||
4. Full name of shareholder(s) (if different from 3): | Tosca Small Cap | |||||||||||||||||||||||||
5. Date of transaction (and date on which the threshold is crossed or reached if different): | 1 June 2009 | |||||||||||||||||||||||||
6. Date on which issuer notified: | 3 June 2009 | |||||||||||||||||||||||||
7. Threshold(s) that is/are crossed or reached: | 12% | |||||||||||||||||||||||||
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 | 2,300,000 | 2,300,000 | N/A | 0 | 2,300,000 | 0 | 6.709% | |||||||||||||||||||
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 | |||||||||||||||||||||||||
CFD | - | - | 2,100,000 | 6.126% | ||||||||||||||||||||||
Total (A+B+C) | ||||||||||||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||||||||||||
4,400,000 | 12.835% | |||||||||||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: | ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
N/A | ||||||||||||||||||||||||||
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: | Nikki Wood | |||||||||||||||||||||||||
15. Contact telephone name: | 020 7845 6100 |