Stilo Regulatory News (STL)

24 Jun 2008 17:20



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 plc

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):

  23rd June 2008

6.  Date on which issuer notified:

24th June 2008

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

17%

  8.  Notified details:

A:  Voting rights attached to shares

Resulting situation after the triggering transaction (vii)

B:  Financial Instruments

Resulting situation after the triggering transaction (xii)

Total (A+B)

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

Indirect - Brewin Nominees Limited - 8,074,925 7.3590%

Indirect - Giltspur Nominees Limited - 10,721,850 9.7713%

  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 109,728,470

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 6332