Transparency Directive Disclo

RNS Number : 2481P

New City High Yield Fund Limited

13 July 2010

 



For filings with the FSA include the annex For filings with issuer exclude the annex
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: ii				New City High Yield 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		Brewin Dolphin 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		5th July 2010
6. Date on which issuer notified:		6th July 2010
7. Threshold(s) that is/are crossed or reached: vi, vii		15%

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

JE00B1LZS514

13,358,718

13,358,718

n/a

n/a

23,017,155

n/a

15.0142%

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

23,017,155

15.0142%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Indirect-Brewin Nominees Limited-1,771,263                             1.1555% Indirect-Giltspur Nominees Limited-10,987,202                          7.167% Indirect-BDS Nominees Limited-7,015,976                                 4.5765% Indirect-Brewin Nominees Limited A/c Charity-2,208,705           1.4407% Indirect-Brewin Nominees Limited A/c Offbond-573,919             0.3744% Indirect-Brewin Nominees (Channel Islands) Limited-460,090    0.3001%
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:	Figures based on shares in issue of 153,303,028 The indirect voting rights under (9) relate to shares held in client portfolios, managed by those firms, under discretionary investment management agreements.
14. Contact name:	Mark Taylor
15. Contact telephone number:	0845 059 6332

 

END

 

 

HOLGIGDRLGBBGGX