TIDMWSM

RNS Number : 8685A

Wellstream Holdings PLC

08 February 2011

 
 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer or the        Wellstream Holdings 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 
--------------------------------------------------------------- 
 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           u 
  economic effect to qualifying financial instruments 
--------------------------------------------------------------- 
 An event changing the breakdown of voting rights 
--------------------------------------------------------------- 
 Other (please 
  specify): 
--------------------------------------------------------------- 
 
 
 
 3. Full name of person(s) subject      Arrowgrass Capital Partners 
  to the notification obligation:        LLP 
-------------------------------------  ---------------------------- 
 4. Full name of shareholder(s) (if 
  different from 3.):                   Arrowgrass Master Fund Ltd 
-------------------------------------  ---------------------------- 
 5. Date of the transaction and date 
  on which the threshold is crossed 
  or reached:                           04 February 2011 
-------------------------------------  ---------------------------- 
 6. Date on which issuer notified:      07 February 2011 
-------------------------------------  ---------------------------- 
 7. Threshold(s) that is/are crossed 
  or reached:                           3% 
-------------------------------------  ---------------------------- 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------- 
 Class/type   Situation           Resulting situation after the triggering 
 of shares    previous to the      transaction 
 if           triggering 
 possible     transaction 
 using the 
 ISIN CODE 
-----------  ------------------  ----------------------------------------------- 
              Number   Number     Number   Number of voting    % of voting 
              of        of        of        rights             rights 
              Shares    Voting    shares 
                        Rights 
-----------  -------  ---------  -------  ------------------  ------------------ 
                                  Direct   Direct   Indirect   Direct   Indirect 
-----------  -------  ---------  -------  -------  ---------  -------  --------- 
 
 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------ 
 Type of financial   Expiration   Exercise/     Number of voting   % of voting 
  instrument          date         Conversion   rights that may     rights 
                                   Period       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 
------------  ----------  ------------  ------------  ------------  ----------------- 
 CfD                                                   0             Nominal    Delta 
------------  ----------  ------------  ------------  ------------  ---------  ------ 
                                                                                0% 
     ------------------------------------------------------------------------  ------ 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 0                         0% 
------------------------  ---------------------------- 
 
 
 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:         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:      N/A 
-------------------------------  -------------- 
 14. Contact name:                Moana Moore 
-------------------------------  -------------- 
 15. Contact telephone number:    0203 100 1000 
-------------------------------  -------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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