Holding(s) in Company
April 17 2009 - 10:37AM
UK Regulatory
TIDMMBE
RNS Number : 7785Q
MWB Business Exchange Plc
17 April 2009
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
GLG Partners LP has assumed indirect control of 3,974,707 shares in MWB Business
Echange following the purchase by GLG Partners, Inc., the NYSE-listed parent
company of the former Societe Generale Asset Management UK Ltd business (now GLG
Partners UK Ltd) as at close of business 3 April 2009. Beneficial ownership (by
underlying funds/accounts for whom GLG Partners UK Ltd acts as investment
manager) of the shares in question has not changed.
+-----------------------+-----------------------+-----------------------------+
| 1. Identity of the issuer or the underlying issuer of existing shares to |
| which voting rights are attached (ii): |
| MWB Business Exchange PLC |
| |
+-----------------------------------------------------------------------------+
| 2. Reason for the notification (please state Yes/No): |
+-----------------------------------------------------------------------------+
| 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) : (YES - INTERNAL TRANSFER) |
| |
+-----------------------------------------------------------------------------+
| 3. Full name of person(s) subject to the notification obligation (iii): |
| GLG Partners LP |
| |
+-----------------------------------------------------------------------------+
| 4. Full name of shareholder(s) (if different from 3.) (iv): |
| N/A |
| |
+-----------------------------------------------------------------------------+
| 5. Date of the transaction (and date on which the threshold is crossed or |
| reached if different) (v): |
| 03.04.2009 |
| |
+-----------------------------------------------------------------------------+
| 6. Date on which issuer notified: |
| 17.04.2009 |
| |
+-----------------------------------------------------------------------------+
| 7. Threshold(s) that is/are crossed or reached: |
| >5% |
| |
+-----------------------------------------------------------------------------+
| 8. Notified details: 5.78% |
| |
+-----------------------------------------------------------------------------+
| A: Voting rights attached to shares |
| |
+-----------------------------------------------------------------------------+
| Class/type of shares | Situation previous to the Triggering transaction |
| if possible using the | (vi) |
| ISIN CODE | |
+-----------------------+-----------------------------------------------------+
| | Number of shares | Number of voting Rights |
| | | (viii) |
| | | |
+-----------------------+-----------------------+-----------------------------+
| Ordinary Shares | <5% | <5% |
| GB00B0S53N07 | | |
+-----------------------+-----------------------+-----------------------------+
+----------------------+---------------+-----------+------------+------------+-----+----+
| Resulting situation after the triggering transaction (vii) |
+----------------------------------------------------------------------------------+
| Class/type of shares | Number of | Number of voting | % of voting rights |
| if possible | shares | rights (ix) | |
| using the ISIN CODE | | | |
+----------------------+---------------+------------------------+-----------------------+
| | Direct | Direct | Indirect | Direct | Indirect |
| | | (x) | (xi) | | |
| | | | | | |
+----------------------+---------------+-----------+------------+------------+----------+
| Ordinary Shares | 3,974,707 | 3,974,707 | | 5.78% | |
| GB00B0S53N07 | | | | | |
+----------------------+---------------+-----------+------------+------------+-----+----+
+------------+--------------+---------------------+--------------------+--------+--------+
| B: Financial Instruments |
+-------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction (xii) |
+-------------------------------------------------------------------------------+
| Type of | Expiration | Exercise/Conversion | Number of voting | % of voting |
| financial | Date (xiii) | Period/ Date (xiv) | rights that may be | rights |
| instrument | | | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
| | | | | |
+------------+--------------+---------------------+--------------------+-----------------+
| | | N/A | | |
+------------+--------------+---------------------+--------------------+--------+--------+
+--------------------+--------------------+
| Total (A+B) |
+-----------------------------------------+
| Number of voting | % of voting rights |
| rights | |
| | |
+--------------------+--------------------+
| 3,974,707 | 5.78% |
+--------------------+--------------------+
+--------------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights |
| and/or the financial instruments are effectively held, if applicable |
| (xv): |
| GLG Partners is an investment management firm investing money on behalf |
| of clients and investment funds |
| |
+--------------------------------------------------------------------------+
| Proxy Voting: |
| N/A |
| |
+--------------------------------------------------------------------------+
| 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: |
| Keval Pankhania |
| |
+--------------------------------------------------------------------------+
| 15. Contact telephone number: |
| 020 7868 7255 |
+--------------------------------------------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLGUUAWCUPBGCM
MWB Business Exchange (LSE:MBE)
Historical Stock Chart
From May 2024 to Jun 2024
MWB Business Exchange (LSE:MBE)
Historical Stock Chart
From Jun 2023 to Jun 2024
