Sherborne Investors (Guernsey) A Holding(s) in Company (1473R)
October 23 2013 - 2:00AM
UK Regulatory
TIDMSIAG
RNS Number : 1473R
Sherborne Investors (Guernsey) A
23 October 2013
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or Sherborne Investors (Guernsey)
the underlying issuer A Limited
of existing shares to which
voting rights are
attached: (ii)
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2 Reason for the notification (please tick the appropriate
box or boxes):
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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
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
------------------------------------------------------------- -------------------------------------
An event changing the breakdown of voting rights
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Other (please
specify):
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3. Full name of person(s) (i) Sherborne Investors Management
subject to the (Guernsey) LLC
notification obligation: (ii) Sherborne Investors Management
(iii) LP
(iii) Sherborne Investors
Management GP, LLC
(iv) Edward Bramson
------------------------------------------------------------ --------------------------------------
4. Full name of shareholder(s) (i) Sherborne Strategic Fund
(if different from 3.):(iv) C, LLC acting by its managing
member Sherborne Investors
LP and Sherborne Investors
LP each as a counterparty
to the investment management
agreement with Sherborne Investors
Management LP; and
(ii) SIGA, LP acting by its
general partner Sherborne
Investors (Guernsey) GP, LLC
and Sherborne Investors (Guernsey)
GP, LLC each as a counterparty
to the investment management
agreement with Sherborne Investors
Management (Guernsey) LLC
------------------------------------------------------------ --------------------------------------
5. Date of the transaction 22 October 2013
and date on
which the threshold is
crossed or
reached: (v)
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6. Date on which issuer 22 October 2013
notified:
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7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 26%
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
-------------- ---------------------------------------------- ------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
-------------- --------------- ----------------------------- ----------- -------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
-------------- ----------- ----------- ------------ ----------- --------- --------- ------------ -----------
Ordinary
Shares
(ISIN Code:
GG00BFH56B54) 2,256,723 2,256,723 85,304 26.44%
--------------- ----------------------------- ----------- --------- --------- ------------ -----------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
------------------ --------------- ---------------------------------------- ---------------------- ---------------------
N/A N/A N/A N/A N/A
------------------ --------------- ---------------------------------------- ---------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
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Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
---------------- --------------- ------------- -------------- --------------------------------- -----------------------
N/A N/A N/A N/A N/A Nominal Delta
---------------- --------------- ------------- -------------- --------------------------------- ------------ ---------
N/A
N/A
-------------- ----------- ----------- ------------ --------- ------- --------- ------------ ---------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
---------------------------------------------------------------- ----------------------------------------------------------
85,304 26.44%
---------------------------------------------------------------- ----------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
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Edward Bramson is the managing member of Sherborne Investors
Management GP, LLC. Edward Bramson, Stephen Welker and
Craig McKibben are each members of an investment committee
of Sherborne Investors Management GP, LLC which makes
all decisions regarding the acquisition, holding, voting,
or disposition of investment securities managed, directly
or indirectly, by Sherborne Investors Management GP,
LLC.
Sherborne Investors Management GP, LLC is the general
partner of Sherborne Investors Management LP. Sherborne
Investors Management LP is the sole member of Sherborne
Investors Management (Guernsey) LLC.
Sherborne Investors Management LP is an investment manager
which is entitled to exercise discretion over the voting
rights in the issuer held by Sherborne Investors LP
as the managing member of Sherborne Strategic Fund C,
LLC.
Sherborne Investors Management (Guernsey) LLC is an
investment manager which is entitled to exercise discretion
over the voting rights in the issuer held by Sherborne
Investors (Guernsey) GP, LLC as the general partner
of SIGA, LP.
Proxy Voting:
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10. Name of the proxy holder: N/A
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11. Number of voting rights proxy N/A
holder will cease
to hold:
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12. Date on which proxy holder will N/A
cease to hold
voting rights:
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13. Additional information: Sherborne Investors Management
LP is an investment adviser
registered with the United
States Securities and Exchange
Commission under the U.S.
Investment Advisers Act 1940.
Sherborne Investors Management
(Guernsey) LLC, as a wholly
owned subsidiary of Sherborne
Investors Management LP,
is registered and regulated
under the U.S. Investment
Advisers Act 1940 as an investment
adviser relying on the registration
of its parent, Sherborne
Investors Management LP.
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14. Contact name: Craig McKibben
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15. Contact telephone number: +1 (212) 735-1000
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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