Holding(s) in Company
June 22 2007 - 1:00PM
UK Regulatory
RNS Number:9060Y
Absolute Capital Mgmt Holdings Ltd
22 June 2007
Absolute Capital Management Holdings Limited (the "Company")
Holdings in Company
The major shareholder notification released on 20 June 2007 indicated that
Wisynco Investments Inc. then had an interest in 6,150,000 shares in the
Company, representing 8.9 per cent. of the issued share capital. This was an
error and should have read 5,770,000 shares in the Company, representing 8.4
per cent. of the issued share capital.
The Company was notified on 21 June 2007 that CSI Asset Management Establishment
("CSI") has purchased 210,000 shares from each of Wisynco Investments Inc. and
Doyne Investments Limited at a price of 462 pence per share. CSI now has an
interest in 23,814,163 shares, representing 34.6 per cent. of the issued share
capital. Wisynco Investments Inc. has an interest in 5,560,000 shares in the
Company, representing 8.1 per cent. of the issued share capital. Doyne
Investments Limited has an interest in 3,960,279 shares in the Company,
representing 5.8 per cent. of the issued share capital.
CSI is a Liechtenstein Anstalt, the potential beneficiaries of which include the
children of Florian Homm. Wisynco represents certain vendors of Argo Capital
Management. Doyne Investments Limited is owned by First Tower Trustees Limited
as Trustee of the Trust, of which the potential beneficiaries include Sean
Ewing.
Enquiries
Absolute Capital Management
Sean Ewing, Chairman and CEO T: 020 7659 6155
Panmure Gordon
Dominic Morley T: 020 7459 3600
Cardew Group
Tim Robertson T: 020 7930 0777
Shan Shan Willenbrock
David Roach
Note:
Statutory disclosure of significant shareholdings in the Cayman Islands is
different to that in the UK and may not always ensure compliance with the
requirements of AIM Rule 17.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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