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Elec & Gen Inv Tst (ENG)

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Tuesday 26 April, 2011

Elec & Gen Inv Tst

Holding(s) in Company

RNS Number : 4422F
Electric & General Inv Tst PLC
26 April 2011
 

 

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 (ii):

 

ELECTRIC & GENERAL INVESTMENT TRUST 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 event changing the breakdown of voting rights: ()

 

Other (please specify):  ()

 

3. Full name of person(s) subject to the notification obligation (iii):

 

Weiss Asset Management LP

 

4. Full name of shareholder(s) (if different from 3.) (iv):

 

Brookdale International Partners LP, Brookdale Global Opportunity Fund

 

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

 

20 April 2011

 

6. Date on which issuer notified:

 

26 April 2011

 

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

 

>9%

 

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 (vi)



Number of shares


Number of voting Rights (viii)


Ordinary Shares

GB0003090197

 

59,550

59,550

 

 

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 (x)







Direct (xi)


Indirect (xii)


Direct


Indirect

Ordinary Shares

GB0003090197

 

59,550

59,550

N/A

0.1%

N/A

 

 

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

 

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




N/A

N/A

N/A

N/A

N/A

 

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 (xvii)


Exercise/

Conversion period (xviii)

Number of voting rights instrument refers to

% of voting rights (xix, xx)






Nominal

Delta

CFD

N/A

N/A

N/A

5,909,831

9.0%

1

 

 

Total (A+B+C)

Number of voting rights

5,969,381

% of voting rights

9.1%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

 

Brookdale International Partners, L.P:  6.4%

Brookdale Global Opportunity Fund:  2.7%

 

Proxy Voting:

 

10. Name of the 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:

 

N/A

 

14. Contact name:

 

Georgiy Nikitin

 

15. Contact telephone number:

 

+1-617-778-7725

                         

Date: 26 April 2011


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