HI Form TR-1 with annex. FSA Version 2.1 updated April 2007
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: |
Inchcape Plc |
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2. Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
No |
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An event changing the breakdown of voting rights |
No |
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Other (please specify):______________ |
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3. Full name of person(s) subject to notification obligation: |
George Horesh 7,753,959 shares Ronin Investment Managing Co. Ltd. 18,480,000 shares Union Motors Ltd. 15,420,042shares |
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4. Full name of shareholder(s) (if different from 3): |
Union Motors and Ronin Investment are controlled by Mr. George Horesh |
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5. Date of transaction (and date on which the threshold is crossed or reached if different): |
February 10,2009 |
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6. Date on which issuer notified: |
February 11, 2009 |
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7. Threshold(s) that is/are crossed or reached: |
9% |
8: Notified Details |
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A: Voting rights attached to shares |
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Class/type of shares If possible use ISIN code |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of shares |
Number of voting rights |
Number of shares |
Number of voting rights |
Percentage of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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Ordinary |
40,654,001 |
40,654,001 |
41,654,001 |
41,654,001 |
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9.05% |
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B: Financial Instruments |
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Resulting situation after the triggering transaction |
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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 |
N/A |
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Total (A+B) |
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Number of voting rights |
Percentage of voting rights |
41,654,001 |
9.05% (Based total outstanding shares 460,368,500 shares) |
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
Union Motors Ltd. holds 15,420,042 voting shares and Ronin Investment Managing Co. Ltd. holds 18,480,000 voting shares. Both companies are controlled by Mr. George Horesh |
Proxy Voting: |
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10. Name of proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
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14 Contact name: |
Yossi Levy |
15. Contact telephone name: |
00 972 3-6255410 |
Note: Annex should only be submitted to the FSA not the issuer