Holding(s) in Company

RNS Number : 5243Y

Bank of Georgia Holdings PLC

01 March 2012

 



The following announcement is made in accordance of DTR 5

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			Bank of Georgia Holdings plc
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):	Tender Offer			x
3. Full name of person(s) subject to the notification obligation: iii		East Capital AB on behalf of East Capital Holding AB, Sakaropel Ltd, East Capital Russian Fund, East Capital Eastern European Fund, East Capital (Lux) Russian Fund, East Capital (Lux) Eastern European Fund and East Capital (Lux) Convergence Eastern European Fund
4. Full name of shareholder(s)  (if different from 3.):iv		As per the above
5. Date of the transaction and date on which the threshold is crossed or reached: v		Acceptance notice was given on 2 February 2012. The offering was made unconditional and the BGH shares admitted to trading on 28 February, 2012
6. Date on which issuer notified:		28 February 2012
7. Threshold(s) that is/are crossed or reached: vi, vii		7,16%

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

0

0

2 571 056

2 616

2 568 440

0.007%

7.153%

GB00B759CR16

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

2 571 056

7.16%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
East Capital Holdings AB owns all BGH shares directly (2616 votes). East Capital AB manages shares held by the funds below indirectly. Sakaropel Ltd (888,733 votes) East Capital Russian Fund (1,280,571 votes) East Capital Eastern European Fund (171,035 votes) East Capital (Lux) Russian Fund (195,731 votes) East Capital (Lux) Eastern European Fund (27,682 votes) East Capital (Lux) Convergence Eastern European Fund (4,688 votes)
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:	No change in actual holding, the notification is triggered by the listing and the offering from the issuer (BGH) to all shareholders in Bank of Georgia.
14. Contact name:	Nina Jonsson
15. Contact telephone number:	[phone]

 

END

 

 

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