Holding(s) in Company

RNS Number : 6948L

System C Healthcare plc

11 May 2010

 



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.      Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

System C Healthcare plc

2.      Reason for the notification (please state Yes/No): (    )

An acquisition or disposal of voting rights: (Yes)

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):

Blackrock, Inc.

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

Artemis UK Smaller Companies Fund

Artemis VCT Plc

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

6 May 2010

6.      Date on which issuer notified:

10 May 2010

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

Holding has fallen below 12%

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
	Number of shares	Number of voting Rights
GB00B0940H91	13,128,707	13,128,707

Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights (x)
	Direct	Direct (xi)	Indirect (xii)	Direct	Indirect
GB00B0940H91	N/A	N/A	12,898,624	N/A	11.12%

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

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)
CFD	N/A	N/A	N/A	1,004,178	Nominal	Delta
					0.87%	0.87%

Total (A+B+C)

Number of voting rights	% of voting rights
13,902,802	11.98%

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

BlackRock Investment Management (UK) Limited - 13,902,802 (11.98%)

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:

BlackRock Threshold Reporting Team

14.    Contact name:

Stuart Watchorn

15.    Contact telephone number:

020 7743 5741; [e-mail]

 

END

 

 

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