Holding(s) in Company

RNS Number : 8504H

ITE Group PLC

22 May 2014

 



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				ITE Group 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):
3. Full name of person(s) subject to the notification obligation: iii		Mason Hill Advisors, LLC
4. Full name of shareholder(s)  (if different from 3.):iv		Nortrust Nominees Limited is a nominee shareholder in respect of 4,313,053 of the shares in ITE Group PLC described above. Goldman Sachs International is a nominee shareholder in respect of 5,633,622 shares of the shares in ITE Group PLC described above. Pershing LLC is a nominee shareholder in respect of  3,110,459 shares of ITE Group PLC described above.
5. Date of the transaction and date on which the threshold is crossed or reached: v		19 May 2014
6. Date on which issuer notified:		21 May 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		5%

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

ORDINARY SHARES ISIN: GB0002520509

13,057,134

5.23%

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

13,057,134

5.23%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
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:	Mason Hill Advisors, LLC acts as an investment manager for Equinox Partners, LP, Kurato Fund, L.P. and Mason Hill Partners, LP. Equinox Partners, LP beneficially holds 8,744,081 (or 3.50%) of the shares in ITE Group PLC described above, Mason Hill Partners, LP beneficially holds 1,468,263 (or 0.59%) of the shares in ITE Group PLC described above and Kuroto Fund, L.P. beneficially holds 2,844,790 (or 1.14%) of the shares in ITE Group PLC described above.
14. Contact name:	Roger Anscher
15. Contact telephone number:	+001 646 833 2788

 

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