15 May 2008 12:10
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Stilo International
2. Reason for the notification (please state 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: (No)
An event changing the breakdown of voting rights: (No)
Other (please specify): (No)
3. Full name of person(s) subject to the notification obligation (iii):
Brewin Dolphin Limited
4. Full name of shareholder(s) (if different from 3.) (iv):
N/A
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
12th May 2008
6. Date on which issuer notified:
13th May 2008
7. Threshold(s) that is/are crossed or reached:
16%
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 (vi) | |
|
| Number of shares | Number of voting Rights (viii) |
| Ordinary GBP0.01 GB0009597484 | 15,816,775 | 15,816,775 |
Resulting situation after the triggering transaction (vii)
| Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights (ix) | % of voting rights | ||
|
| Direct | Direct (x) | Indirect (xi) | Direct | Indirect |
| Ordinary GBP0.01 GB0009597484 | N/A | N/A | 16,836,775 | N/A | 16.0766% |
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 |
Total (A+B)
| Number of voting rights | % of voting rights |
| 16,836,775 | 16.0766% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Indirect - Brewin Nominees (Channel Islands) Limited - 200,000 - 0.1910%
Indirect - Brewin Nominees Limited - 6,702,425 - 6.3998%
Indirect - Giltspur Nominees Limited - 9,934,350 - 9.4858%
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:
Figures based on shares in Issue of 104,728,470
The Indirect voting rights under (9) relate to shares held in client portfolios, managed by those firms, under discretionary investment management agreements.
14. Contact name:
Mark Taylor
15. Contact telephone number:
0845 059 6334