Notification of Major Interests
23 March 2009 - 9:44PM
UK Regulatory
TIDMBLD TIDMMDS
RNS Number : 2863P
Bulgarian Land Development PLC
23 March 2009
+-----------------------------------------+
| For filings with the FSA include the |
| annex |
| For filings with issuer exclude the |
| annex |
+-----------------------------------------+
+-----------------------------------------------------------------------------+
| TR-1: Notifications of Major Interests in Shares |
+-----------------------------------------------------------------------------+
+-----------------------------------------------+------------------------------+
| 1. Identity of the issuer or the underlying | Bulgarian Land Development |
| issuer of existing shares to which voting | plc |
| rights are attached: | |
+-----------------------------------------------+------------------------------+
+-------------------------------------------------------------------+----------+
| 2. Reason for notification (yes/no) |
+------------------------------------------------------------------------------+
| An acquisition or disposal of voting rights | Yes |
+-------------------------------------------------------------------+----------+
| An acquisition or disposal of financial instruments which may | No |
| result in the acquisition of shares already issued to which | |
| voting rights are attached | |
+-------------------------------------------------------------------+----------+
| An event changing the breakdown of voting rights | No |
+-------------------------------------------------------------------+----------+
| Other (please specify):______________ | No |
+-------------------------------------------------------------------+----------+
+----------------------------------------+-------------------------------------+
| 3. Full name of person(s) subject to | Midas Capital plc |
| notification obligation: | |
+----------------------------------------+-------------------------------------+
| 4. Full name of shareholder(s) (if | See section 9 below |
| different from 3): | |
+----------------------------------------+-------------------------------------+
| 5. Date of transaction (and date on | 18/03/09 |
| which the threshold is crossed or | |
| reached if different): | |
+----------------------------------------+-------------------------------------+
| 6. Date on which issuer notified: | 20/03/09 |
+----------------------------------------+-------------------------------------+
| 7. Threshold(s) that is/are crossed or | Was 5.50%, Now 0.00% |
| reached: | |
+----------------------------------------+-------------------------------------+
+--------------+-----------+-----------+----------+----------+----------+----------+----------+
| 8: Notified Details |
+---------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
| |
+---------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering transaction |
| of shares | to the triggering | |
| If | transaction | |
| possible | | |
| use ISIN | | |
| code | | |
+ +-----------------------+------------------------------------------------------+
| | Number | Number | Number | Number of voting | Percentage of |
| | of | of | of | rights | voting rights |
| | shares | voting | shares | | |
| | | rights | | | |
+ + + + +---------------------+---------------------+
| | | | | Direct | Indirect | Direct | Indirect |
+--------------+-----------+-----------+----------+----------+----------+----------+----------+
| GB00B11PLD04 | 2,200,000 | 2,200,000 | 0 | n/a | 0 | n/a | 0.00% |
+--------------+-----------+-----------+----------+----------+----------+----------+----------+
+---------------+---------------+---------------+----------------------+---------------+
| B: Financial Instruments |
| |
+--------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+--------------------------------------------------------------------------------------+
| Type of | Expiration | Exercise/ | No. of voting | Percentage of |
| financial | date | conversion | rights that | voting rights |
| instrument | | period/date | may be | |
| | | | acquired (if | |
| | | | the | |
| | | | instrument | |
| | | | exercised/converted) | |
+---------------+---------------+---------------+----------------------+---------------+
| n/a | n/a | n/a | n/a | n/a |
+---------------+---------------+---------------+----------------------+---------------+
+--------------------------------------+--------------------------------------+
| Total (A+B) |
| |
+-----------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+--------------------------------------+--------------------------------------+
| 0 | 0.00% |
+--------------------------------------+--------------------------------------+
+-----------------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and /or |
| the financial instruments are effectively held, if applicable: |
+-----------------------------------------------------------------------------+
| CF Midas Growth Fund / Bank of New York Nominees Ltd a/c 392512 / 0 |
+-----------------------------------------------------------------------------+
+--------------------------------------+--------------------------------------+
| Proxy Voting: |
| |
+-----------------------------------------------------------------------------+
| 10. Name of 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: | Midas Capital Partners Ltd, Miton |
| | Asset Management Ltd and iimia Plc |
| | are all subsidiaries of Midas |
| | Capital Plc |
+--------------------------------------+--------------------------------------+
| 14 Contact name: | Sarah Marshall |
| | (Company Secretary) |
+--------------------------------------+--------------------------------------+
| 15. Contact telephone number: | 01624 689593 |
| | |
+--------------------------------------+--------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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