2 Mar 2009 16:33
| 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: | Tricorn Group | ||
| 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): Dilution due to share capital increase | |||
| 3. Full name of person(s) subject to notification obligation: | Hargreave Hale Limited | ||
| 4. Full name of shareholder(s) (if different from 3): | For Discretionary Clients | ||
| 5. Date of transaction (and date on which the threshold is crossed or reached if different): | 26th February 2009 | ||
| 6. Date on which issuer notified: | 2nd March 2009 | ||
| 7. Threshold(s) that is/are crossed or reached: | 20% | ||
| 8: Notified Details | ||||||||
| A: Voting rights attached to shares | ||||||||
| Class/type of shares If possible use ISIN code | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | ||||||
| Number of shares | Number of voting rights | Number of shares | Number of voting rights | Percentage of voting rights | ||||
| Direct | Indirect | Direct | Indirect | Direct | Indirect | |||
| Ordinary GB0009716340 | 6,485,000 | 6,485,000 | 6,610,000 | 6,610,000 | 20.182% | |||
| B: Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
| - | - | - | - | - |
| Total (A+B) | |
| Number of voting rights | Percentage of voting rights |
| 6,610,000 | 20.182% |
| 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
| 5,360,000 of these shares are for unit trusts operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients. |
| Proxy Voting: | |
| 10. Name of proxy holder: | - |
| 11. Number of voting rights proxy holder will cease to hold: | - |
| 12. Date on which proxy holder will cease to hold voting rights: | - |
| 13. Additional information: | The denominator used in calculating the percentage holding reported above is 33,020,000 TVR. |
| 14 Contact name: | David Clueit |
| 15. Contact telephone number: | 01253 754739 |