Holding(s) in Company

RNS Number : 9970Z

Creston PLC

28 July 2008

 



For filings with the FSA include the annex For filings with issuer exclude the annex

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:

Creston plc

2. Reason for notification (yes/no)
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	No
An event changing the breakdown of voting rights	No
Other (please specify):______________	No

3. Full name of person(s) subject to notification obligation:	Pangaea One Management LLC
4. Full name of shareholder(s) (if different from 3):	Jefferies International (Nominees) Limited
5. Date of transaction (and date on which the threshold is crossed or reached if different):	July 23, 2008
6. Date on which issuer notified:	July 25, 2008
7. Threshold(s) that is/are crossed or reached:	8% - 9%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use 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		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
Ordinary	4,963,191	4,963,191	5,508,288	0	5,508,288	0	9.89%

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)	Percentage of voting rights

Total (A+B)
Number of voting rights	Percentage of voting rights
5,508,288	9.89%

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

Silicon Metals Holdings LLC

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:	Sabina Potack
15. Contact telephone name:	001 212 461 6363

For notes on how to complete form TR-1 please see the FSA website. 

 

END

 

 

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