Holding(s) in Company

RNS Number : 4676F

Africa Opportunity Fund Limited

24 April 2014

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Africa Opportunity Fund Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					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
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		City of London Investment Management Company Limited
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		17 April 2014
6. Date on which issuer notified:		23 April 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		From 0.14% to 21.02%

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

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

KYG012921048

98,000

98,000

98,000

98,000

0.14%

KYG012921121

0

0

15,000,000

15,000,000

20.88%

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

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

15,098,000

21.02%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
All voting rights on all shares are controlled by City of London Investment Management Company Limited.
Proxy Voting:
10. Name of the proxy holder:		City of London Investment Management Company Limited
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:	Africa Opportunity Fund (AOF) - Total Voting Rights RNS Number : 0851F Africa Opportunity Fund Limited 17 April 2014 Africa Opportunity Fund Limited (the "Company") Total Voting Rights In conformity with the FCA's Disclosure and Transparency Rules ("the  Rules"), the Company would like  to notify the market  that the Company's issued  share capital consisted of the following as at 17 April 2014: - 42,630,327 ordinary shares; and - 29,200,000 C shares. The ordinary shares and  the C shares  carry the right to  1 voting right  per share as  if  the C  shares  and the  ordinary  shares were  a  single  class. Therefore, holders of ordinary shares and/or C shares should use 71,830,327 as the denominator for the calculations by which they will determine if they  are required to notify their  interest in, or  a change to  their interest in  the Company under the Rules.
14. Contact name:	Ben Heatley or Chris Weaver
15. Contact telephone number:	[e-mail]  - 0207 711 1565  OR [e-mail] - 0207 860 8329

 

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