6 Feb 2013 17:11
| For filings with the FSA include the annex | |||||||||||
| For filings with issuer exclude the annex | |||||||||||
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||||||||
| 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | DOLPHIN CAPITAL INVESTORS LIMITED | ||||||||||
| 2. Reason for the notification (please tick the appropriate box or boxes): | |||||||||||
| An acquisition or disposal of voting rights | YES | ||||||||||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |||||||||||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | |||||||||||
| An event changing the breakdown of voting rights | |||||||||||
| Other (please specify): | |||||||||||
| 3. Full name of person(s) subject to thenotification obligation: iii | FIR TREE INC. | ||||||||||
| 4. Full name of shareholder(s)(if different from 3.):iv | See box 9 below | ||||||||||
| 5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 1 February 2013 | ||||||||||
| 6. Date on which issuer notified: | 6 February 2013 | ||||||||||
| 7. Threshold(s) that is/are crossed orreached: vi, vii | 5% | ||||||||||
| 8. Notified details: | |||||||||||||||||||||||||||||||||||
| A: Voting rights attached to shares viii, ix | |||||||||||||||||||||||||||||||||||
| Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||||
| NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||||||||||||||||||||||
| Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||||||||||||||||||||
| VGG2803G1028 | 30,700,000 | 30,700,000 | 31,205,000 | 31,205,000 | 4.84% | ||||||||||||||||||||||||||||||
| B: Qualifying Financial Instruments | |||||||||||||||||||||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||||||
| Type of financialinstrument | Expirationdate xiii | Exercise/ Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||||||||||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||||||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||||||
| Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | ||||||||||||||||||||||||||||||
| US$ 2,020,000 of convertible bonds | US$ 0.7239 | Maturity 31.03.2016 | Convertible until 22.03.2016 | 2,790,440.67 | Nominal | Delta | |||||||||||||||||||||||||||||
| 0.43% | |||||||||||||||||||||||||||||||||||
| Total (A+B+C) | |||||||||||||||||||||||||||||||||||
| Number of voting rights | Percentage of voting rights | ||||||||||||||||||||||||||||||||||
| 33,995,440.67 | 5.27% | ||||||||||||||||||||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||||
| FIR TREE INC., investor manager of:- |
|
| ||
| Fund | No. of voting rights attached to shares | % of voting rights | ||
| Fir Tree REF III Master Fund, LLC | 505,000 | 0.08% | ||
| Fir Tree Value Master Fund, L.P. | 30,700,000 | 4.76% | ||
|
| No. of voting rights through convertible bonds | |||
| Fir Tree Capital Opportunity Master Fund, L.P. ("FCO") | 2,790,440.67 | 0.43% | ||
| Proxy Voting: | ||||
| 10. Name of the proxy holder: | N/A | |||
| 11. Number of voting rights proxy holder will ceaseto hold: | N/A | |||
| 12. Date on which proxy holder will cease to holdvoting rights: | N/A | |||
| 13. Additional information: | Calculation based on:
642,440,167 total shares in issue. FCO holds convertible bonds convertible to 2,790,440.67 shares (based on conversion price: US$0.7239) If FCO exercised all convertible bonds held (and assuming no other convertible bonds or warrants had been exercised), FCO would hold a total 5.27% of voting rights in the then issued share capital | |||
| 14. Contact name: | Martin T. Towey, Fir Tree Inc. | |||
| 15. Contact telephone number: | 212-599-0090 | |||
| Note: Annex should only be submitted to the FSA not the issuer | ||
| Annex: Notification of major interests in sharesxxii | ||
| A: Identity of the persons or legal entity subject to the notification obligation | ||
| Full name (including legal form of legal entities) | Fir Tree Inc. | |
| Contact address (registered office for legal entities) | 505 Fifth Avenue, 23rd Floor New York, NY 10017 | |
| Phone number & email | Martin T. Towey: 212-599-0090
mtowey@firtree.com | |
| Other useful information (at least legal representative for legal persons) | See below | |
| B: Identity of the notifier, if applicable | ||
| Full name | Caroline-Lucy Moran, Solicitor | |
| Contact address | Akin Gump LLP 10 Bishops Square LONDON E1 6EG | |
| Phone number & email | 02070129665 cmoran@akingump.com | |
| Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | UK legal counsel | |
| C: Additional information | ||
| For notes on how to complete form TR-1 please see the FSA website. | ||
Copyright Business Wire 2013
Dci Advisors (DCI)