Last checked at 4 Apr 2013 12:09
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Vesuvius 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: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify) ( )
3. Full name of person(s) subject to the notification obligation:
Cevian Capital II G.P. Limited
4. Full name of shareholder(s) (if different from 3.):
Vidacos Nominees Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if different): 3 April 2013
6. Date on which issuer notified: 3 April 2013
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 using the ISIN CODE | Situation previous to the Triggering transaction | |
Number of shares | Number of voting Rights | |
GB00B82YXW83 | 55,693,446 | 55,693,446 |
Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights | ||
Direct | Indirect | Direct | Indirect | ||
GB00B82YXW83 | 55,743,446 | 20.02% | |||
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument | Expiration Date | Exercise/Conversion Period/ Date | 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 | |||||
Total (A+B+C)
Number of voting rights55,743,446 | % of voting rights20.02% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Cevian Capital II G.P. Limited (Cevian) acts as general partner for Cevian Capital II Master Fund L.P.
Cevian is the indirect holder of the voting rights attached to the shares. The legal owner of the shares is Vidacos Nominees Limited (acting as nominee), which holds the shares on behalf of UBS AG (acting as custodian).
Proxy Voting:
10. Name of the 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:
14. Contact name:
RICHARD MALTHOUSE, COMPANY SECRETARY, VESUVIUS PLC
15. Contact telephone number:
+ 44 (0)20 7822 0000