Holding(s) in Company

RNS Number : 5094G

Bank of Georgia Holdings PLC

29 June 2012

 

The following announcement is made in accordance with 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					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		OP-Pohjola Group Central Cooperative
4. Full name of shareholder(s)  (if different from 3.):iv		OP-Fund Management Company Ltd. on behalf of OP- Eastern Europe Fund, OP-Emerging Europe and OP-Russia Fund
5. Date of the transaction and date on which the threshold is crossed or reached: v		28.6.2012
6. Date on which issuer notified:		29.6.2012
7. Threshold(s) that is/are crossed or reached: vi, vii		below 3%

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

GB00B759CR16

1 431 642,00

1 431 642,00

1 065 659,00

1 065 659,00

2,97%

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

1 065 659,00

2,97%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
OP-Pohjola Group Central Cooperative (Central Cooperative) is the central institution of OP-Pohjola Group. It is in charge of Group steering and control. One of the main subsidiaries of Central Cooperative is OP Fund Management Company Ltd (hereinafter 'the Fund Management Company'), which manages the OP-Pohjola Group's mutual funds. Both the Fund Management Company and the Central Cooperative are separate legal entities and the Fund Management Company is one hundred per cent (100%) owned subsidiary of 'the Central Cooperative' (the Parent Company). The corporate form of 'The Central Cooperative' is co-operative (society).  The regulatory authority of both corporations is the Financial Supervisory Authority (FIN-FSA) in Finland. The Fund Management Company is a UCITS Management Company as stated in the EU Directive (2009/65/EC). The Fund Management Company is responsible for the management of the funds and it represents the funds in its own name and acts on their behalf in matters concerning the funds and exercises the rights associated with the funds' assets (i.e. shares). The majority of Board of Directors of the Fund Management Company is appointed by the Central Cooperative. OP-Itä-Eurooppa-sijoitusrahasto/OP-Eastern European -Fund and OP-Kehittyvä Eurooppa -sijoitusrahasto / OP Emerging Europe -Fund and OP-Venäjä-sijoitusrahasto/ OP-Russia Fund (hereinafter 'the Funds') are UCITS -funds and the regulation of 'The Funds' is based on the Finnish Act on Common Funds 29.1.1999/48 which has been enacted pursuant to Council Directive 2009/65/EC 13th July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) of the European Parliament. 'The Funds' are not separate legal entities (i.e. legal persons). 'The Funds' are mutual funds and OP-Itä-Eurooppa -sijoitusrahasto/OP-Eastern European -Fund invests to Eastern Europe and Russia and OP-Kehittyvä-Eurooppa-sijoitusrahasto/OP- Emerging  Europe -Fund invests only to Eastern Europe (Russia excluded) and OP-Venäja/ OP-Russia invests primarily in the Russian equity markets. The unitholders (i.e. investors) are legal owners of the fund units, but not the shares.
Proxy Voting:
10. Name of the proxy holder:		Not named
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:	OP-Pohjola Group Central Cooperative OP Fund Management Company Ltd Address: Teollisuuskatu 1b, 00100 Helsinki, Finland
14. Contact name:	Mr. Jukka Laatu, Risk Manager OP Fund Management Company Ltd
15. Contact telephone number:	Phone: [phone]

 

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