Holding(s) in Company
December 08 2005 - 7:01AM
UK Regulatory
RNS Number:3512V
Worldsec Ld
08 December 2005
To: Company Announcement Office
NOTIFICATION OF MAJOR INTERESTS IN SHARES
Worldsec Limited (the "Company") was notified on 8 December 2005 that The Bank
of Tokyo - Mitsubishi, Ltd., ("BTM") disposed of 3,225,000 ordinary shares of
US$0.001 each in Worldsec Limited on 6 December 2005 representing approximately
24.1% of the ordinary shares in issue to Grand Acumen Holdings Limited.
Following the above disposal, BTM is no longer interested in any shares of
Worldsec Limited.
The Company was notified by Grand Acumen Holdings Limited ("GAH") that GAH, a
company incorporated in the British Virgin Islands with limited liability, is
equally owned by Messrs Alec Tsui Yiu Wa, Yue Wai Keung, Li Song Xiao, Henry
Ying Chew Cheong. While Messrs Tsui, Yue, and Li are independent third parties
and have no interests in the issued share capital of the Company before the
above acquisition by GAH, Mr Henry Ying Chew Cheong is currently Worldsec
Limited's Deputy Chairman and Non-executive Director and personally holds
950,000 ordinary shares in the Company representing approximately 7.1% of the
ordinary shares in issue.
RESIGNATION OF DIRECTOR
The Board of Directors of Worldsec Limited announces that
Mr Sakae Hashizume has resigned as a Non-Executive Director of the Company on
8th December 2005.
Paul K K Cheng
Finance Director and Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
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