TR-1: Notifications of Major Interests in Shares |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Reneuron Group plc |
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2. Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An event changing the breakdown of voting rights |
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Other (please specify): Dilution due to share capital increase |
YES |
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3. Full name of person(s) subject to notification obligation: |
1. Awal Bank BSC 2. Maan Abdulwahed Al-Sanea (as parent undertaking of Awal Bank BSC) |
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4. Full name of shareholder(s) (if different from 3): |
Vidacos Nominees Limited |
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5. Date of transaction (and date on which the threshold is crossed or reached if different): |
N/A |
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6. Date on which issuer notified: |
12 May 2009 |
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7. Threshold(s) that is/are crossed or reached: |
29%, 28%, 27%, 26%, 25%, 24% & 23% |
8: Notified Details |
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A: Voting rights attached to shares |
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Class/type of shares If possible use ISIN code |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of shares |
Number of voting rights |
Number of shares |
Number of voting rights |
Percentage of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
Direct |
Indirect |
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GB00B0DZML60 Ordinary |
45,890,476 |
45,890,476 |
- |
45,890,476 |
- |
45,890,476 |
- |
22.60% |
B: Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ conversion period/date |
No. of voting rights that may be acquired (if the instrument exercised/converted) |
Percentage of voting rights |
- |
- |
- |
- |
- |
Total (A+B) |
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Number of voting rights |
Percentage of voting rights |
45,890,476 |
22.60% |
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
Maan Abdulwahed Al-Sanea is subject to a notification obligation pursuant to DTR 5.2.1(e) as an indirect holder of 45,860,475 shares. He indirectly holds these shares through being a 'parent undertaking' of Awal Bank BSC, the entity that indirectly holds these shares. |
Proxy Voting: |
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10. Name of proxy holder: |
N/A |
11. Number of voting rights proxy holder will cease to hold: |
N/A |
12. Date on which proxy holder will cease to hold voting rights: |
N/A |
13. Additional information: |
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14 Contact name: |
Christopher C. Hart, Clive Jory |
15. Contact telephone number: |
+41 22 715 0303 |