SAR - BFS ASIAN ASSETS TRUST LIMITED
November 26 2003 - 2:02AM
UK Regulatory
FORM SAR 3
Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.
A copy must also be sent to the company the shares of which are acquired.
Date of disclosure
November 26, 2003
DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")
Date of acquisition
November 25, 2003
Acquisition in (name of company)
BFS ASIAN ASSETS TRUST LIMITED
1. Class of voting shares (eg ordinary shares)
Capital and Income Shares
Number of shares/rights over shares acquired
3,550,000 Capital Units - Rights
664,948 Income
Shares purchased for 2 funds managed by the Weiss Asset Management and
Weiss Capital:
Capital Income
Brookdale Global Opportunity Fund (BGO) 958,500 179,536
Brookdale International Partners (BIP) 2,591,500 485,412
If rights over shares acquired, as opposed to the shares themselves,
specify nature of rights
-
2. Resultant total holding of voting shares (and % of total voting shares
in issue)
39,381,270 shares 23.17%
Capital Shares
Brookdale Global Opportunity Fund (BGO) 958,500 shares
Brookdale International Partners LP (BIP) 2,591,500 shares
Income Shares
Brookdale Global Opportunity Fund (BGO) 179,536 shares
Brookdale International Partners LP (BIP) 2,435,412 shares
Units
Brookdale Global Opportunity Fund (BGO) 6,159,568 shares
Brookdale International Partners LP (BIP) 10,448,593 shares
Resultant total holding of rights over shares (and % of total voting
shares in issue)
- - %
Total percentage
23.17%
3. Party making disclosure
Weiss Asset Management LLC, Weiss Capital LLC
4. (a) Name of person acquiring shares or rights over shares
and, if different, beneficial owner
Brookdale International Partners LP, Brookdale Global Opportunity Fund
(b) Names of any other persons acting by agreement or understanding (see
SAR 5)
-
Signed, for and on behalf of the party named in (3) above
(Also print name of signatory)
Eitan Milgram
Telephone and extension number
001-617-778-7714
Note. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a
holding of or acquisition by one person. Note 3 on SAR 5 requires
persons who must aggregate holdings to disclose certain disposals.
For full details of the SARs disclosure requirements, see Rules 3 and 5 of
the SARs. If in doubt, contact the Panel on Takeovers and Mergers,
Monitoring
Section. Tel. No: 020 7638 0129.
Email:monitoring@disclosure.org.uk
END