Holding(s) in Company

RNS Number : 2965T
Schroder AsiaPacific Fund PLC
02 December 2011
 



 

 

 

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: (X)

 

An acquisition or disposal of 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) :(  )

 

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) :

 

-

 

5. Date of transaction and date on which the threshold is crossed or reached:

 

29 November, 2011

 

6. Date on which issuer notified:

 

1 December, 2011

 

7. Threshold(s) that is/are crossed or reached:

 

From 30% to 31% if all subscription shares were converted - Only 28.54 % of outstanding voting rights



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

41,372,332

Number of voting rights

41,372,332




 

Resulting situation after the triggering transaction

 

 

 

Number of shares

 

  

 

 Number of voting rights

 

% of voting rights




Direct

 

   N/AN/A

 Direct


        Indirect

       41,651,332

Direct


Indirect

 28.54%







 

B: Qualifying 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









 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

 

% of voting rights

GB00B3Z0B573 - Subscription Shares

245 pence 10-1-11 until 12-31-12

12-31-2012

Quarter, last day of March, June, September and December until 2012

3,697,742 shares to be newly created at time of conversion

 

Nominal

Delta

13.00 %

 2.53 %

 



 

Total (A+B +C)

Number of voting rights


Percentage of voting rights


45,349,074 if all subscription shares were converted

31.07 % (if all shares are converted and if there were no new shares created)

 

 

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:

 

-

 

13. Additional information:

 

Resulting situation based on voting rights of 145,949,115 as published by the fund on the London Stock Exchange. Any conversion of Subscription Shares will result in the creation of new shares with voting rights.

 

14. Contact name:

 

Jonathan McGuire

 

15. Contact telephone number:

 

020 7658 3496

 

     Date:  2 December 2011

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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