Holding(s) in Company

RNS Number : 3328S

Schroder AsiaPacific Fund PLC

17 November 2011

 



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:

Schroder AsiaPacific Fund plc

2. Reason for the notification

(please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: (  )

An acquisition or disposal of 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: (X)

An event changing the breakdown of voting rights: (  )

Other (please specify) :(  )

As a result of the tender and return of un tendered shares today by our Custodian

3. Full name of person(s) subject to notification obligation:

City of London Investment Management Company Limited

4. Full name of shareholder(s) (if different from 3) :

-

5. Date of transaction and date on which the threshold is crossed or reached:

11 November, 2011

6. Date on which issuer notified:

15 November, 2011

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

From 31% to 30% if all subscription shares were converted - Only 28.19 % of outstanding voting rights

8. Notified Details:

A: Voting rights attached to shares

Class/type of shares if possible use ISIN CODE	Situation previous to the triggering transaction
Ordinary Shares GB0007918872	Number of shares 41,146,332	Number of voting rights 41,146,332

Resulting situation after the triggering transaction

	Number of shares	Number of voting rights		% of voting rights
	Direct    N/AN/A	Direct	Indirect        41,146,332	Direct	Indirect  28.19%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration date	Exercise/conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/ converted)	% of voting rights

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
GB00B3Z0B573 - Subscription Shares	245 pence 10-1-11 until 12-31-12	12-31-2012	Quarter, last day of March, June, September and December until 2012	3,717,742 shares to be newly created at time of conversion	Nominal	Delta
					13.07 %	2.55 %

Total (A+B +C)

Number of voting rights	Percentage of voting rights
44,864,074 if all subscription shares were converted	30.74 % (if all shares are converted and if there were no new shares created)

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

All Voting Rights on all Shares are controlled by City of London Investment Management Limited

Proxy Voting:

10. Name of proxy holder:

  City of London Investment Management Company Limited

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:

Resulting situation based on voting rights of 145,949,115 as published by the fund on the London Stock Exchange. Any conversion of Subscription Shares will result in the creation of new shares with voting rights.

14. Contact name:

Jonathan McGuire

15. Contact telephone number:

020 7658 3496

     Date:  17 November 2011

 

END

 

 

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