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:
Ashmore Group Plc
2. Reason for the notification
(please place an X inside the appropriate bracket/s):
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 notification obligation:
1. Lone Pine Capital LLC
2. Stephen F Mandel Jr
4. Full name of shareholder(s) (if different from 3) :
Morgan Stanley & Co
5. Date of transaction (and date on which the threshold is crossed or reached if different):
28th April 2008
6. Date on which issuer notified:
30th April 2008
7. Threshold(s) that is/are crossed or reached:
3 per cent
8. Notified Details:
A: Voting rights attached to shares
Class/type of shares if possible use ISIN CODE |
Situation previous to the triggering transaction |
|
|
Number of shares |
Number of voting rights |
GB00B132NW22 |
Below 3 per cent |
Below 3 per cent |
|
Resulting situation after the triggering transaction |
||||
Class/type of shares if possible use ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
Direct |
Indirect |
Direct |
Indirect |
GB00B132NW22 |
21,754,134 |
|
21,754,134 |
|
3.07% |
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) |
% of voting rights |
|
|
|
|
|
Total (A+B)
Number of voting rights |
% of voting rights |
21,754,134 |
3.07% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
Lone Pine Capital LLC is the investment manager to several funds which indirectly hold shares in the issuer. Stephen.F Mandel Jr. is the Managing Member of Lone Pine Capital LLC and in such capacity is able to direct it's operations
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:
14. Contact name:
Jeffrey Wechsenblatt
Lone Pine Capital LLC
Two Greenwich Plaza
Greenwich
Conecticut 06830
USA
15. Contact telephone number:
+1 203 618 7826
For notes on how to complete form TR-1 please see the FSA website.