SPPC.L Regulatory News (SPPC)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

St Peter Port Capital Limited

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 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 the notification obligation:

Midas Capital Plc

4. Full name of shareholder(s) (if different from 3.):

See section 9 below

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

24 April 2009

6. Date on which issuer notified:

27 April 2009

7. Threshold(s) that is/are crossed or reached:

Was 9.32%, now 13.12%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares 

 if possible using the ISIN CODE

Situation previous to the Triggering transaction 

Resulting situation after the triggering transaction

Number of Shares 

Number of Voting Rights viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Direct x

Indirect xi

Direct

Indirect

GB00B1V4NS68

6,810,000

6,810,000

9,581,000

n/a

9,581,000

n/a

13.12%

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

n/a

n/a

n/a

n/a

n/a

Total (A+B)

Number of voting rights

% of voting rights

9,581,000

13.12%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv:

CF Midas Growth Fund

Segregated Account

Segregated Account

Segregated Account

Segregated Account

Segregated Account

Bank of New York Nominees Ltd a/c 392512

Bank of New York Nominees Ltd a/c 318901

Bank of New York Nominees Ltd a/c 111359

Bank of New York Nominees Ltd a/c 254905

Roy Nominees Ltd a/c 570035

Bank of New York Nominees Ltd a/c 156547

7,065,000

310,000

367,000

339,000

500,000

1,000,000

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:

Midas Capital Partners Ltd, Miton Asset Management Ltd and iimia Plc are all subsidiaries of Midas Capital Plc

14. Contact name:

John Bradley

15. Contact telephone number:

0151 906 2462