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PSource Struct Debt (PSD)

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Thursday 10 March, 2011

PSource Struct Debt

Holding(s) in Company

RNS Number : 7109C
PSource Structured Debt Limited
10 March 2011
 



 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

  PSource Structured Debt Limited

 

2 Reason for the notification (please tick the appropriate box or boxes):

 

An acquisition or disposal of voting rights

 YES

 

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

 NO

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

NO

 

An event changing the breakdown of voting rights

NO

 

Other (please specify):

 

NO

 

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

 

 MAM Funds Plc

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

 

See section 9 below

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

 

 03/03/2011

6. Date on which issuer notified:

 

 09/03/2011

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

 

 Was 20.15%, Now 19.73%

 

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

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect

 GG00B236KR59

 12,000,000

 12,000,000

 11,750,000

 n/a

 11,750,000

 n/a

 19.73%


 

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

 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

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

 






Nominal

Delta

 



 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

 11,750,000

19.73%

 

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

CF Midas Income Fund - Bank of New York Nominees Ltd a/c 392513 - 5,900,000

Midas Income & Growth Trust - State Street Nominees Ltd a/c XCE3 - 1,250,000

iimia Investment Trust - Bank of New York Nominees Ltd a/c 178055 - 400,000

CF Miton Select Assets Portfolio - Bank of New York Nominees Ltd a/c 391998 - 150,000

Segregated Account - Bank of New York Nominees Ltd a/c 156547 - 500,000

CF Midas Growth Fund - Bank of New York Nominees Ltd a/c 392512 - 3,550,000

 

 

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:

 

Midas Capital Partners Ltd and Miton Asset Management Ltd are all subsidiaries of MAM Funds Plc

14. Contact name:

 

Ian Borrows

15. Contact telephone number:

 

 0151 906 2476

 


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