Holding(s) in Company

RNS Number : 7372A

Bank of Georgia Holdings PLC

03 April 2012

 



The following announcement is made in accordance to DTR 5
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Bank of Georgia Holdings 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
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):	Acceptance of public offering from Bank of Georgia Holdings plc to exchange shares in Bank of Georgia for shares in Bank of Georgia Holdings plc.
3. Full name of person(s) subject to the notification obligation: iii		East Capital Financials Fund AB
4. Full name of shareholder(s)  (if different from 3.):iv		East Capital Financial Institutions II AB (100% subsidiary of the above person)
5. Date of the transaction and date on which the threshold is crossed or reached: v		Purchase of 108,880 shares on 30 March 2012.
6. Date on which issuer notified:		2 April 2012
7. Threshold(s) that is/are crossed or reached: vi, vii		Above 10%

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

GB00B759CR16

3,485,308

3,485,308

3,651,308

10.17%

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

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

3,651,308

10.17%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
East Capital Financials Fund AB owns all BGH shares through its 100% owned subsidiary East Capital Financial Institutions II AB.
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:	In addition to the transaction on 30 March, we have on 29 March purchased 57,120 shares. Since our previous disclosure at 3,485,308 shares, we have in aggregate acquired 166,000 shares.
14. Contact name:	Liene Rimša
15. Contact telephone number:	[phone]

 

END

 

 

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