Holding(s) in Company

RNS Number : 5519Q

Ashmore Group PLC

04 August 2010

 



TR-1: NOTIFICATION OF MAJOR INTEREST 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 tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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		X
An event changing the breakdown of voting rights
Other (please specify):

3. Full name of person(s) subject to the notification obligation:	Highfields Capital Management LP
4. Full name of shareholder(s) (if different from 3.):	Highfields Capital I LP, Highfields Capital II LP, Highfields Capital III LP., Credit Suisse Securities (USA) LLC and JP Morgan Clearing Corp.
5. Date of the transaction and date on which the threshold is crossed or reached:	August 2, 2010
6. Date on which issuer notified:	August 4, 2010
7. Threshold(s) that is/are crossed or reached:	Decrease below three per cent (3%)

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		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of  voting rights
			Direct	Direct	Indirect	Direct	Indirect
GG00B132NW22	6,638,286	6,638,286			Below 3%		Below 3%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	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
				Below 3%	Nominal	Delta
						Below 3%

Total (A+B+C)
Number of voting rights	Percentage of voting rights
Below 3%	Below 3%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Highfields Capital Management LP is the management company to each of Highfields Capital I LP, Highfields Capital II LP and Highfields Capital III L.P. (the "Funds"). The shares disclosed in Section 8.A above are held in the name of Credit Suisse Securities (USA) LLC and J.P. Morgan Clearing Corp. and the instruments disclosed in Section 8.C above are held in the name of the Funds.

Proxy Voting:
10. Name of the proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:	Total votes used for the purposes of the above notification 703,556,669
14. Contact name:	Joseph F. Mazzella General Counsel
15. Contact telephone number:	+1 (617) 850 - 7500

 

END

 

 

HOLUGUPWRUPUGAC