Kenwood Appliances - Holding under SAR 3
May 15 1998 - 7:04AM
UK Regulatory
RNS No 5314e
KENWOOD APPLIANCES PLC
Date of disclosure.......15 MAY 1998.....
DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")
Date of acquisition......13 MAY 1998..............
Acquisition in.........KENWOOD APPLIANCES PLC................(name of company)
(1) Class of voting shares Number of shares/rights If rights over shares
(eg ordinary shares) over shares acquired acquired, as opposed
to the shares
themselves, specify
nature of rights
ORDINARY SHARES .500,000 ........shares ........................
...N/A...........rights
(2) Resultant total holding Resultant total holding Total percentage
of voting shares (and % of rights over shares
of total voting shares (and % of total voting
in issue) shares in issue)
..7,145,000 ....(15.6%) ..............( %) ..7,145,000.....(15.6%)
(3) Party making disclosure.......SINCLAIR ROCHE & TEMPERLEY..................
(4) (a) Name of person acquiring shares or rights over shares..SEE BELOW.....
and, if different, beneficial owner..................................
(b) Names of any other persons acting by
agreement or understanding (see SAR 5)...SEE BELOW..................
Signed, for and on behalf of the party named in (3) above......................
(Also print name of signatory)........SINCLAIR ROCHE & TEMPERLEY..............
Telephone and extension number........0171 452 4139 - JAMES PEGGIE............
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 Take-overs and Mergers, Tel. No: 01-382
9026.
Attachment to SAR disclosure dated 14 May 1998
relating to Kenwood Appliance PLC ("the Company")
1. On 13 May 1998, UKAV Continuation Fund, Inc. ("Continuation") acquired
471,250 ordinary shares of 10p each ("Ordinary Shares") in the capital of
the Company, taking its total holding to 5,451,125.
2. On 13 May 1998, UKAV Multifund, Inc. ("Multifund") acquired 28,750
Ordinary Shares taking its total holding to 73,875.
3. On 13 May 1998, Kalco Investments Limited ("Kalco") had a holding of
1,620,000 Ordinary Shares.
Each of Continuation, Multifund and Kalco (together the "Funds") is managed by
Active Value Fund Managers Limited and, accordingly, pursuant to Note 2 of Rule
5 of The Rules Governing Substantial Acuqisitions of Shares (the "SARs"), the
Funds are deemed to be one person for the purpose of the SARs.
END
SATFLGMKGKMLRMM
Kendrick Resources (LSE:KEN)
Historical Stock Chart
From Jul 2024 to Aug 2024
Kendrick Resources (LSE:KEN)
Historical Stock Chart
From Aug 2023 to Aug 2024