For filings with the FSA include the annex
For filings with issuer exclude the annex
TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Schroder AsiaPacific Fund Plc
2. Reason for the notification
(please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( )
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) : (X)
As a result of the tender and return of un tendered shares today by our Custodian
3. Full name of person(s) subject to notification obligation:
City of London Investment Management Company Limited
4. Full name of shareholder(s) (if different from 3) :
N/A
5. Date of transaction (and date on which the threshold is crossed or reached if different):
2 February 2011
6. Date on which issuer notified:
22 February 2011
7. Threshold(s) that is/are crossed or reached:
From 29% to 23%
8. Notified Details:
A: Voting rights attached to shares
Class/type of shares if possible use ISIN CODE |
Situation previous to the triggering transaction |
|
Ordinary Shares
GB0007918872 |
Number of shares 51,013,211 |
Number of voting rights |
|
|
|
Resulting situation after the triggering transaction |
||||||
Class/type of shares if possible use ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
|||
|
|
Direct |
Indirect |
Direct |
Indirect |
|
|
|
|
|
|
|
|
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument |
Expiration date |
Exercise/conversion period/date |
No. of voting rights that may be acquired (if the instrument exercised/ converted) |
% of voting rights |
N/A
|
|
|
|
|
Total (A+B)
Number of voting rights |
% of voting rights |
34,740,348 |
23.83% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
All Voting Rights on all Shares are controlled by City of London Investment Management Limited
Proxy Voting:
10. Name of proxy holder:
City of London Investment Management Company Limited
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
Resulting situation based on voting rights of 145,801,291 as published by the fund on the London Stock Exchange web site following the tender.
Situation previous to the triggering transaction represents the number of shares owned prior to the tender cut off of 28 January 2011.
The delay in disclosing was due to the discrepancies in shares accepted for tender via 5 Custodians.
14. Contact name:
Jonathan McGuire
15. Contact telephone number:
020 7658 3496
Date: 22 February 2011