TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Bright Things Plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: (X)
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ... )
An event changing the breakdown of voting rights: (... )
Other (please specify) : ( ... )
3. Full name of person(s) subject to the notification obligation:
Navigator Equity Solutions SE
4. Full name of shareholder(s) (if different from 3.) :
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
6 April 2009
6. Date on which issuer notified:
22 April 2009
7. Threshold(s) that is/are crossed or reached:
4% to 8%
8. Notified details:
..............................
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
|
|
Number of shares |
Number of voting Rights |
GB00B00S8650 |
8,210,000 |
8,210,000 |
Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
Direct |
Indirect |
Direct |
Indirect |
GB00B00S8650 |
16,210,000 |
16,210,000 |
0 |
8.28 |
0 |
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument |
Expiration Date |
Exercise/Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|
|
|
|
|
Total (A+B)
Number of voting rights |
% of voting rights |
16,210,000 |
8.28 |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
...................
Proxy Voting:
10. Name of the proxy holder:
...............
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:
8,000,000 shares were purchased as part of the Placing of new ordinary shares in Bright Things Plc announced on 6 April 2009. The holding of the 8,210,000 in Bright Things Plc by Navigator Equity Solutions SE shares as announced on 21 April 2009, had been built up prior to the 6 April 2009 Placing, although Bright Things were only notified of the interest on 21 April 2009.
14. Contact name:
Rory Creedon
15. Contact telephone number:
0207 510 8600