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: |
Africa Opportunity Fund |
||
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 |
|||
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 the notification obligation[iii]: |
Laxey Partners Ltd |
||
4. Full name of shareholder(s) (if different from 3.)[iv]: |
Credit Suisse Client Nominees UK Ltd |
||
5. Date of the transaction and date on which the threshold is crossed or reached[v]: |
24 January 2013 |
||
6. Date on which issuer notified: |
25 January 2013 |
||
7. Threshold(s) that is/are crossed or reached: |
|
||
8. Notified details: |
First Disclosure |
|
|
A: Voting rights attached to shares |
|||||||
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction [vi] |
Resulting situation after the triggering transaction[vii] |
|||||
Number of Shares |
Number of Voting Rights viii |
Number of shares |
Number of voting rights ix |
% of voting rights |
|||
Direct |
Direct x |
Indirect xi |
Direct |
Indirect |
|||
KYG012921048
|
NIL
|
NIL
|
1,000,000
|
1,000,000
|
|
2.35%
|
|
B: Qualifying Financial Instruments |
||||
Resulting situation after the triggering transaction xii |
||||
Type of financial instrument |
Expiration date xiii |
Exercise/ Conversion Periodxiv |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|
|
|
|
|
Resulting situation after the triggering transaction xii |
|||||||
Type of financial instrument |
Exercise price |
Expiration date |
Exercise/ Conversion Periodxiv |
Number of voting rights instrument refers to |
% of voting rights |
|
|
|
|
|
|
|
Nominal |
Delta |
|
|
|
|
Total (A+B+C) |
|
Number of voting rights |
% of voting rights |
1,000,000 shares |
2.35% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv: |
|
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: |
This disclosure is being sent as Christopher Agar, who is a Director of AOF, is also a Director of Laxey Partners (UK) Limited who are investment advisors to Laxey Partners Ltd |
14. Contact name: |
Laxey Partners Ltd |
15. Contact telephone number: |
+ 44 (0) 1624 690900 |