Holding(s) in Company (1779F)
April 19 2011 - 7:04AM
UK Regulatory
TIDMDBAY
RNS Number : 1779F
Douglasbay Capital PLC
19 April 2011
TR-1: notification of major interests in shares
1. Identity of the issuer or the DouglasBay Capital plc
underlying issuer of existing shares to
which voting rights are attached:
------------------------------------------- ---------------------------------
2. Reason for the notification (please tick the appropriate
box or boxes)
---------------------------------------------------------------------- ------
An acquisition or disposal of voting rights
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An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already
issued to which voting rights are attached
---------------------------------------------------------------------- ------
An acquisition or disposal of instruments with similar
economic effect to qualifying financial instruments
---------------------------------------------------------------------- ------
An event changing the breakdown of voting rights YES
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Other (please specify):___________________________________________
---------------------------------------------------------------------- ------
3. Full name of person(s) subject to Laxey Partners Ltd and
the notification obligation: funds under its discretionary
management
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4. Full name of shareholder(s) (if Credit Suisse Client Nominees
different from 3.): UK Ltd, Vidacos Nominees
Limited and Securities
Nominees Limited
------------------------------------------- ---------------------------------
5. Date of the transaction and date 18 April 2011
on which the threshold is crossed or
reached:
------------------------------------------- ---------------------------------
6. Date on which issuer notified: 19 April 2011
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7. Threshold(s) that is/are crossed Percentage Change
or reached:
------------------------------------------- ---------------------------------
8. Notified details: 97.08% on 25 November
2010
------------------------------------------- ---------------------------------
A: Voting rights attached to shares
-------------------------------------------------------------------------------------------------------------
Class/type
of shares
if possible Situation previous
using the to the Triggering Resulting situation after the triggering
ISIN CODE transaction transaction
-------------- ------------------------------ -------------------------------------------------------------
Number
Number of Voting Number Number of voting % of voting
of Shares Rights of shares rights rights
-------------- -------------- -------------- -------------- ------------------------- ------------------
Direct Direct Indirect Direct Indirect
-------------- -------------- -------------- -------------- -------------- --------- ------- ---------
IM00B3BLTZ08 1,244,950,774 1,244,950,774 1,244,950,774 1,244,950,774 90.54%
-------------- -------------- -------------- -------------- -------------- --------- ------- ---------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of % of voting
financial date Conversion voting rights rights
instrument Period( ) that may be
acquired if the
instrument is
exercised/
converted.
---------------- ----------- --------------- ---------------- ------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments
---------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
---------------------------------------------------------------------------------------
Number of
voting
Type of Exercise/ rights
financial Exercise Expiration Conversion instrument % of voting
instrument price date Period( ) refers to rights
------------- ---------- ------------ ------------ ------------ ------------------
Contracts
for
Differences N/A N/A N/A 7,012,500 Nominal Delta
------------- ---------- ------------ ------------ ------------ -------- --------
0.51%
--------------------------------------------------------------- -------- --------
Total (A+B+C)
----------------------------------------------
Number of voting rights % of voting rights
------------------------- -------------------
1,251,963,274 shares 91.05%
------------------------- -------------------
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 the proxy holder:
------------------------------------------
11. Number of voting rights proxy holder
will cease to hold:
------------------------------------------
12. Date on which proxy holder will cease
to hold voting rights:
------------------------------------------
Shareholding has decreased as a result
of the exercise of share options which
has resulted in the new issued share
capital figure increasing to 1,374,974,804
13. Additional information: shares (as announced on 19 April 2010)
------------------------------- --------------------------------------------
14. Contact name: Laxey Partners Ltd
------------------------------- --------------------------------------------
15. Contact telephone number: + 44 (0) 1624 690900
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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