TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
AorTech International Plc
2. Reason for the notification (please state Yes/No):
An acquisition or disposal of voting rights: ( Yes )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to
which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation:
GAM UK Equity Hedge Investments Inc.
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
2 June 2009
6. Date on which issuer notified:
4 June 2009
7. Threshold(s) that is/are crossed or reached:
3%
8. Notified details:
A: Voting rights attached to shares:
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
|
|
Number of shares |
Number of voting Rights |
GB0033360586 |
45,120 |
45,120 |
Resulting situation after the triggering transaction (vii)
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
GB0033360586 |
39,320 |
39,320 |
|
0.814% |
|
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument |
Expiration Date |
Exercise/Conversion Period |
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
Resulting situation after the triggering transaction (xii)
Type of financial instrument |
Exercise price |
Expiration date |
Exercise/Conversion Period |
Number of voting rights instrument refers to |
% of voting rights |
|
|
|
|
|
|
Nominal |
Delta |
CFD |
|
|
|
131,757 |
2.726% |
1 |
Total (A+B+C)
Number of voting rights |
% of voting rights |
171,077 |
3.54% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
GAM UK Equity Hedge Investments Inc holds 131,757 CFDs (2.726%) and 39,320 Ordinary Shares (0.814%)
Proxy Voting:
10. Name of the proxy holder:
Institutional Shareholder Services
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:
14. Contact name:
15. Contact number:
A: Identity of the persons or legal entity subject to the notification obligation
Full name:
GAM UK Equity Hedge Investments Inc.
Contact address
12 St. James's Place
London
SW1A 2NX
Phone number & email:
Other useful information (at least legal representative for legal persons):
B: Identity of the notifier, if applicable (xvii)
Full name:
Nick Cordell-Cagan
Contact address:
As above
Phone number:
020 7917 2252
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)
UK Compliance Officer of GAM International Management Limited (discretionary investment manager for GAM UK Equity Hedge Investments Inc)