RNS Number : 5533L
  Bulgarian Land Development PLC
  13 January 2009
   

    Form TR-1 with annex. FSA Version 2.1 updated April 2007

 For filings with the FSA include the annex
 For filings with issuer exclude the annex 

 TR-1: Notifications of Major Interests in Shares

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

 2. Reason for notification (yes/no)
                                                                                                                                            
                                                                                X
 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):______________

 3. Full name of person(s) subject to notification obligation:                                                   CLS HOLDINGS PLC

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

 5. Date of transaction (and date on which the threshold is crossed or reached if different):                    14 November 2008
                                                                                                                 14 November 2008
 6. Date on which issuer notified:

 7. Threshold(s) that is/are crossed or reached:                                                                 33%
 8: Notified Details
 A: Voting rights attached to shares

 Class/type of shares            Situation previous to the triggering transaction  Resulting situation after the triggering transaction
 If possible use ISIN code
                                 Number of shares         Number of voting rights  Number of shares                      Number of voting
rights                                              Percentage of voting rights

                                             Direct                                       Indirect       Direct                  Indirect

 GB00B11PLD04                    11,461,787               11,461,787               13,523,787                            13,523,787         
                                                 33.81%

 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument                Expiration date           Exercise/ conversion period/date                          No. of
voting rights that may be acquired (if the instrument                      Percentage of voting rights
                                                                                                                                
exercised/converted)


 Total (A+B)

 Number of voting rights                                                                                 Percentage of voting rights

 13,523,787                                                                                              33.81%

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

 Proxy Voting:

 10. Name of proxy holder:                                                                N/A

 11. Number of voting rights proxy holder will cease to hold:

 12. Date on which proxy holder will cease to hold voting rights:

 13. Additional information:                                                              N/A

 14 Contact name:                                                                         Sarah Marshall, Simcocks Trust Limited
                                                                                          (Company Secretary)
 15. Contact telephone name:                                                              01624 689589


    For notes on how to complete form TR-1 please see the FSA website. 

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