Holding(s) in Company

RNS Number : 6182C

Fairpoint Group PLC

17 April 2013

 



For filingswith issuer  exclude the annex

TR-1: NOTIFICATION OF MAJOR INTERESTIN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which  voting rights are attached:		Fairpoint Group
2 Reason for the notification (please tick the appropriate  box or boxes):
An acquisition or disposal of voting rights			YES
An acquisition or disposal of qualifying financial instruments  which may result in the acquisition of shares already issued to which voting rights are attached			NO
An acquisition or disposal of instruments  with similar economic  effect to qualifying financial instruments			NO
An event changing the breakdown  of voting rights			NO
Other (please specify):			NO
3. Full name of person(s) subject to the notification obligation:	Miton Group plc
4. Full name of shareholder(s) (if different from 3)	See section 9 below
5. Date of the transaction and date on which the threshold is crossed or reached:	12/04/2013
6. Date on which issuer  notified:	15/04/2013
7. Threshold(s) that is/are crossed or reached:	Was 10.63%, Now  12.42%

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
GB0032360280	4,458,060	4,458,060	5,208,060	n/a	5,208,060	n/a	12.42%

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
n/a	n/a	n/a	n/a	n/a

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
					Nominal	Delta

Total(A+B+C)
Number of voting rights	Percentage of voting rights
5,208,060	12.42%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Diverse Income Trust	HSBC Global Custody Nominees (UK) Ltd a/c 727563	2,447,064
CF Miton UK Multicap Income Fund	Bank of New York Nominees Ltd a/c 397449	1,220,996
Henderson Fledgling Trust	HSBC Global Custody Nominees (UK) Ltd a/c 724755	1,025,000
CF Miton UK Smaller Companies Fund	BNY Custodial Nominees (Ireland) Limited a/c 397904	310,000
CG Miton UK Value Opportunities	Bank of New York Nominees Ltd a/c 398398	205,000

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:	Miton Capital Partners Ltd and Miton Asset Management Ltd are both subsidiaries of Miton Group plc
14. Contact name:	lan Borrows
15. Contact telephone number:	0151 906 2476

 

END

 

 

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