TIDMNLD TIDM85TY

RNS Number : 0067X

Nordic Land PLC

29 November 2010

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the 
 underlying issuer of existing 
 shares to which voting rights are 
 attached:                                       Nordic Land Plc 
------------------------------------  ------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
--------------------------------------------------------------------------- 
 An acquisition or disposal of voting 
 rights                                                  X 
-------------------------------------  ------------------------------------ 
 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 
-------------------------------------  ------------------------------------ 
 Other (please 
  specify): 
------------------------------------   ------------------------------------ 
 3. Full name of person(s) subject                Morgan Stanley 
  to the                                (Institutional Securities Group and 
  notification obligation:                   Global Wealth Management) 
------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s) 
 (if different from 3.): 
------------------------------------  ------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached:                                           22.11.10 
------------------------------------  ------------------------------------- 
 6. Date on which issuer notified:                   25.11.10 
------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                               3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% 
------------------------------------  ------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------ 
 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 
                 of               Voting          Number         Number of voting 
                 Shares           Rights           of shares      rights                  % of voting rights 
-------------  ---------------  ---------------  -------------  -----------------------  ------------------------- 
                                                  Direct         Direct        Indirect   Direct        Indirect 
-------------    -----------      -----------    -------------  ------------  ---------  ------------  ----------- 
 JE00B1Z91C77   Below 3%         Below 3%         2,000,000      2,000,000                10.07% 
               ---------------  ---------------  -------------  ------------  ---------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------ 
                                                                   Number of voting 
                                                                    rights that may 
                                                                    be 
 Type of                                                            acquired if the 
 financial        Expiration       Exercise/                        instrument is             % of voting 
 instrument        date             Conversion Period               exercised/ converted.      rights 
---------------  ---------------  ------------------------------  -------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------ 
 Type of                                        Exercise/        Number of voting 
 financial      Exercise       Expiration       Conversion        rights instrument 
 instrument     price          date             period            refers to                 % of voting rights 
-------------  -------------  ---------------  ---------------  -------------------------  ----------------------- 
                                                                                            Nominal       Delta 
-------------  -------------  ---------------  ---------------  -------------------------  ------------  --------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  --------------------------------------------------------------- 
 2,000,000                                          10.07% 
-------------------------------------------------  --------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------ 
 Morgan Stanley Securities Ltd 2,000,000 10.07% 
 
 Proxy Voting: 
------------------------------------------------------------------------------ 
 10. Name of the proxy holder:            N/A 
---------------------------------------  ------------------------------------- 
 11. Number of voting rights proxy        N/A 
 holder will cease to hold: 
---------------------------------------  ------------------------------------- 
 12. Date on which proxy holder will      N/A 
 cease to hold voting rights: 
---------------------------------------  ------------------------------------- 
 
 13. Additional information: 
-------------------------------------  --------------------------------------- 
 14. Contact name:                      1) Hollie Falle - Ogier Fund 
                                        Administration (Jersey) Limited as 
                                        Company Secretary 2) David Lindsay - 
                                        Morgan Stanley 
-------------------------------------  --------------------------------------- 
 15. Contact telephone number:          1) + 44 1534 504000 
                                         2) 020 7677 5468 
-------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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