TR-1 Notification of Major In

RNS Number : 4390U

Baker Steel Resources Trust Ltd

14 October 2010

 



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				BAKER STEEL RESOURCES TRUST              (ISIN GG00B6686L20)
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		BAKER STEEL CAPITAL MANAGERS LLP (DISCRETIONARY CLIENTS OF AND ASSOCIATED OR CONNECTED/RELATED PARTIES)
4. Full name of shareholder(s)  (if different from 3.):iv		Genus Dynamic Gold Fund CF Ruffer Baker Steel Gold Fund Baker Steel Gold Fund Genus Natural Resources Master Fund Baker Steel Capital Managers LLP Baker Steel Capital Managers (Cayman) Ltd
5. Date of the transaction and date on which the threshold is crossed or reached: v		1st September 2010
6. Date on which issuer notified:		13th October 2010
7. Threshold(s) that is/are crossed or reached: vi, vii		25%

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

GG00B6686L20

17,015,486

17,015,486

15,484,500

14,905,184

579,316

22.57%

0.88%

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

N/A

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

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

15,484,500

23.45%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
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:	BAKER STEEL CAPITAL MANAGERS LLP
14. Contact name:	ANEIL BHATT
15. Contact telephone number:	020 7389 8239

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in sharexxii

 

END

 

 

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