Holding(s) in Company

Armadale Capital Plc

For filings with the FSA include the annex

For filings with issuer exclude the annex

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:

Armadale Capital Plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			Â	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				Â
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				Â
An event changing the breakdown of voting rights				Â
Other (please specify):	Â	Â		Â

3. Full name of person(s) subject to the notification obligation:	Â	Pelamis Investments Limited
4. Full name of shareholder(s) (if different from 3.):		Â
5. Date of the transaction and date on which the threshold is crossed or reached:		10 March 2016
6. Date on which issuer notified:		10 March 2016
7. Threshold(s) that is/are crossed or reached:		9.36%

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
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Indirect

Direct

Indirect

2,375,241

9,041,908

9.36%

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
Â	Â	Â	Â	Â	Nominal	Delta
					Â	Â

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:	Â
11. Number of voting rights proxy holder will cease to hold:	Â
12. Date on which proxy holder will cease to hold voting rights:	Â

Companies

Armadale Capital (ACP)

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