Holding(s) in Company
Tate & Lyle PLC
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: |
Tate & Lyle PLC | |||||||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||||||
An acquisition or disposal of voting rights | Â | 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 | No | |||||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | No | |||||||
An event changing the breakdown of voting rights | No | |||||||
Other (please specify): | Â | Â | No | |||||
 |
||||||||
3. Full name of person(s) subject to the notification obligation: |
 | Harbinger Capital Partners LLC as the investment adviser to (i) Harbinger Capital Partners Master Fund I, Ltd. and (ii) Harbinger Capital Partners Special Situations Fund, L.P. | ||||||
4. Full name of shareholder(s) (if different from 3.):(if different from 3.): |
Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P. | |||||||
5. Date of the transaction and date on which the threshold is crossed or reached: |
24 June 201024 June 2010 |
|||||||
6. Date on which issuer notified: |
28 June 201028 June 2010 |
|||||||
7. Threshold(s) that is/are crossed or reached: |
Below 9% |
8. Notified details: | |||||||||||||||||||||||||||||||
A: Voting rights attached to shares | |||||||||||||||||||||||||||||||
Class/type of shares
|
 |
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 | Direct | Â | Indirect | Direct | Â | Indirect | |||||||||||||||||||||||||
Ordinary shares of £0.25 | 41,881,670 | 41,881,670 | 41,171,670 |  | 41,171,670 |  | 8.95% | ||||||||||||||||||||||||
ISIN Code: GB0008754136GB0008754136 |
|||||||||||||||||||||||||||||||
 | |||||||||||||||||||||||||||||||
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 | Â | % of voting rights | |||||||||||||||||||||||
 |  |  |  |  |  | ||||||||||||||||||||||||||
 | |||||||||||||||||||||||||||||||
 | |||||||||||||||||||||||||||||||
Total (A+B+C) | |||||||||||||||||||||||||||||||
Number of voting rights | Â | Percentage of voting rights | |||||||||||||||||||||||||||||
41,171,670 |
8.95% |
9. Chain of controlled undertakings through which the voting
rights and/or the financial instruments are effectively held, if applicable: |
|||||
Harbinger Capital Partners LLC serves as an investment adviser to (i) Harbinger Capital Partners Master Fund I, Ltd (which holds 28,858,000 voting rights in the issuer (6.27%)) and (ii) Harbinger Capital Partners Special Situations Fund, L.P. (which holds 12,313,670 voting rights in the issuer (2.68%)) The managing member of Harbinger Capital Partners LLC is Harbinger Holdings, LLC, which is in turn controlled by Philip A. Falcone. | |||||
 | |||||
Proxy Voting: | |||||
10. Name of the proxy holder: | Â | Â | |||
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: |
 |  | |||
14. Contact name: | Clare Forman | ||||
15. Contact telephone number: | 020 7153 7203 | ||||
Listed Company Contact name: |
Lucie Gilbert, Deputy Company Secretary
020 7626 6525 |