Holding(s) in Company

RNS Number : 4927X
Northgate PLC
14 August 2009
 






TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


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

  NORTHGATE PLC
ISIN CODE GB0003775441


2 Reason for the notification (please tick the appropriate box or boxes):


An acquisition or disposal of voting rights

 


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):

  RIGHTS ISSUE BECOMING EFFECTIVE 12 AUGUST 09.


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


 SARK MASTER FUND
BOUSSARD & GAVAUDAN LONG TERM VALUE (BGLTV)
BOUSSARD & GAVAUDAN LONG TERM ALTERNATIVE (BGLTA)

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:


 12 AUGUST 2009

6. Date on which issuer notified:


 13 AUGUST 2009/14 AUGUST 2009

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


 37%

  

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

Resulting situation after the triggering transaction

Number
of

Shares

Number
of

V
oting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

 

 

 

 

 

 

 

 

 


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction


Type of financial
instrument

Expiration
date

Exercise/ 
Conversion 
Period

Number of voting
rights that may be

acquired if the

instrument is

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


 CFD

 

 

 

 45,008,156

Nominal

Delta


 £0.1625

 £7,313,825


Total (A+B+C)


Number of voting rights

Percentage of voting rights

 45,008,156

 37.34%


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:


 THE PERCENTAGES ABOVE ARE CALCULATED ON THE CURRENT TVR FIGURE OF 20,548,045 AND DO NOT TAKE INTO CONSIDERATION THE ISSUE OF THE FULLY PAID RIGHTS OF 1,205,480,450

14. Contact name:


 DAVID HENDERSON

15. Contact telephone number:


 01325 467558



This information is provided by RNS
The company news service from the London Stock Exchange
 
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