Holding(s) in Company

RNS Number : 1298E

JPMorgan Japan Smaller Co Tst PLC

04 April 2014

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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		JP Morgan Japan Smaller Co's Trust (JPS.LN)
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	LIM Asia Multi-Strategy Fund Inc. and LIM Japan Fund
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	1 April 2014
6. Date on which issuer notified:	2 April 2014
7. Threshold(s) that is/are crossed or reached: vi, vii	3%, 4%, 5% and 6%

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 JPS.LN	0	0			3,047,739		6.53%

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	N/A	N/A	N/A	N/A

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	N/A	N/A	N/A	N/A	Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
3,047,739	6.53%

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

LIM Advisors Limited acts as investment managerfor LIM Asia Multi-Strategy Fund Inc. and LIM Japan Fund (the "Funds").  The Funds collectively (currently) hold more than six per cent of the shares of the listed company through open market purchase and from the trustee for the subscription shareholders.  LIM Asia Multi-Strategy Fund Inc. individually holds 4.70% of the shares of the listed company.

LIM Advisors Limited has indirect interest by virtue of its rights over the shares as investment manager of the Funds.

Proxy Voting:
10. Name of the proxy holder:	LIM Advisors Limited
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:	Ben Mak
15. Contact telephone number:	[phone]

 

END

 

 

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