18 May 2010 17:44
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Xaar Plc | |||
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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | X | |||
An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: iii | BlackRock UK Emerging Compaines Hedge Fund | |||
4. Full name of shareholder(s) (if different from 3.):iv |
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5. Date of the transaction and date on which the threshold is crossed or reached: v | 17/05/2010 | |||
6. Date on which issuer notified: | 18/05/2010 | |||
7. Threshold(s) that is/are crossed or reached: vi, vii | Holding has gone above 3% | |||
8. Notified details: | |||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||
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 | Number of shares | Number of voting rights | % of voting rights x | |||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||
| N/A | N/A | 149,449 | 149,449 | N/A | 0.24% | N/A | ||||||||
GB0001570810 | |||||||||||||||
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B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | |||||||||||
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
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CFD | N/A | N/A | N/A |
1,750,767 | Nominal | Delta | |||||||||
2.78% | 2.78% | ||||||||||||||
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Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
1,900,216 | 3.02% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
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Proxy Voting: | ||
10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: | BlackRock Threshold Reporting Team | |
14. Contact name: | Stuart Watchorn | |
15. Contact telephone number: | 020 7743 5741; stuart.watchorn@blackrock.com | |