Holding(s) in Company

RNS Number : 5115Y

Revolymer PLC

24 January 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				REVOLYMER LTD
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		Lehman Brothers International (Europe) (in administration)
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		Not Available i
6. Date on which issuer notified:		24/01/2014

i Given the status of Lehman Brothers International (Europe) (in administration) ("LBIE"),

information relating to the positions held by LBIE has been difficult to ascertain, which has

resulted in the delay in being able to make the required notification. Furthermore in this case, it

has not been possible to determine the precise circumstances in which the threshold was crossed

and the timing of crossing the threshold. In preparing this notification, Lehman Brothers In Administration ("LBIA") has reviewed such information as is readily available to it from a range of records and the information provided herein is provided on the basis of the information in those records.

7. Threshold(s) that is/are crossed or reached: vi, vii

2%, 1% ii

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

GB00B84LVH87

1,620,021

1,620,021

0

0

n/a

0.0%

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

n/a

ii As you may be aware, AV Lomas, SA Pearson, PD Copley, R Downs and JG Parr each a partner of PricewaterhouseCoopers LLP were appointed as Joint Administrators of Lehman Brothers International (Europe) (in administration) ("LBIE") to manage its affairs, business and property as agents without personal liability. As a result of the circumstances of LBIE's administration, LBIE's records may not reflect an accurate statement of its holding in shares of the company. Discrepancies may arise, for example, as a result of trades which were executed prior to the administration of LBIE not being settled as between the parties post-administration, and as a result of the termination of contracts between LBIE and its counterparties (e.g. derivatives transactions under master agreements, and the liquidation of positions by third parties). In addition, Lehman Brothers In Administration ("LBIA") employees with knowledge relevant to the holdings may no longer work with LBIE's business. In preparing this form, LBIE has reviewed such information as is readily available to it from a range of LBIE records and the information provided herein is provided on the basis of the information in those records.

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

n/a

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

0

0.00%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
n/a
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:	n/a
14. Contact name:	Latifa Debbarh/Nneoma Odozi/Jayesh Utkur
15. Contact telephone number:	0203 036 2516 / 0203 036 2997 / 0203 036 2926

 

END

 

 

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