Holding(s) in Company
12 March 2011 - 3:30AM
UK Regulatory
TIDMBRE
For filings with the FSA include the |
annex |
=---------------------------------------+---------------------------------------
For filings with issuer exclude the |
annex |
=---------------------------------------+---------------------------------------
+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) |
+---------------------------------------------+--------------------------------+
|
+---------------------------------------------+--------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | Brit Insurance Holdings NV|
|of existing shares to which voting rights are| |
|attached:(ii) | |
+---------------------------------------------+--------------------------------+
|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 to | |
|the | Jupiter Asset Management Limited|
|notification obligation:(iii) | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | |
| (if different from 3.):(iv) | |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | 10 Mar 2011|
|reached:(v) | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 11 Mar 2011|
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| Below 3%|
|reached:(vi, vii) | |
+-----------------------+--------------++-----+-----------------------+--------+
+------------------------------------------------------------------------------+
|8. Notified details: |
+------------------------------------------------------------------------------+
|A: Voting rights attached to shares (viii, ix) |
+-----------+------------------------+-----------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
| +---------+--------------+-------+-----------------+---------------+
|if possible|Number |Number |Number |Number of voting |% of voting |
|using |of |of |of |rights |rights (x) |
|the ISIN |Shares |Voting |shares | | |
|CODE | |R g ts +-------+--------+--------+------+--------+
|Sedol: | | |Direct |Direct |Indirect|Direct|Indirect|
|B58HZJ1 | | | |(xi) |(xii) | | |
+-----------+---------+--------------+-------+--------+--------+------+--------+
|Ordinary |4,530,729|4,530,729 | | |64,317 | |0.080% |
|shares | | | | | | | |
+-----------+---------+--------------+-------+--------+--------+------+--------+
+------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------+-----------+--------------------------+-----------+-------------+
|Type of |Expiration |Exercise/ |Number of |% of voting |
|financial |date(xiii) |Conversion Period(xiv) |voting |rights |
|instrument | | |rights that| |
| | | |may be | |
| | | |acquired if| |
| | | |the | |
| | | |instrument | |
| | | |is | |
| | | |exercised/ | |
| | | |converted. | |
+-------------+-----------+--------------------------+-----------+-------------+
| | | | | |
+-------------+-----------+--------------------------+-----------+-------------+
+------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments (xv, xvi) |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+------------+----------+-----------+---------------+-----------+--------------+
|Type of |Exercise |Expiration |Exercise/ |Number of |% of voting |
|financial |price |date (xvii)|Conversion |voting |rights (xix, |
|instrument | | |period(xviii) |rights |xx) |
| | | | |instrument | |
| | | | |refers to | |
| | | | | | |
+------------+----------+-----------+---------------+-----------+------+-------+
| | | | | | |Delta |
| | | | | +------+-------+
| | | | | | | |
+------------+----------+-----------+---------------+-----------+------+-------+
+------------------------------------------------------------------------------+
|Total (A+B+C) |
+-------------------------------------+----------------------------------------+
|Number of voting rights |Percentage of voting rights |
+-------------------------------------+----------------------------------------+
|64,317 |0.080% |
+-----------+++-------+-+-+---------+++------+------+++--------+++----++-------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable:(xxi) |
+------------------------------------------------------------------------------+
|The Ordinary shares will apear on the register in the following name: |
|Nortrust Nominees - 64,317 |
| |
| |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|Proxy Voting: |
+------------------------------------------------+-----------------------------+
|10. Name of the proxy holder: | |
+------------------------------------------------+-----------------------------+
|11. Number of voting rights proxy holder will | |
|cease | |
|to hold: | |
+------------------------------------------------+-----------------------------+
|12. Date on which proxy holder will cease to | |
|hold | |
|voting rights: | |
+------------------------------------------------+-----------------------------+
+-----------------------------+------------------------------------------------+
| |This is due to the recent corporate action where|
|13. Additional information: |we agreed to take the cash offer. |
+-----------------------------+------------------------------------------------+
|14. Contact name: |Gloria Ajok |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|0207 098 6909 |
+-----------------------------+------------------+-----------------------------+
Note: Annex should only be submitted to the FSA not the issuer
=-------------------------------------------------------------------------------
Annex: Notification of major interests in shares(xxii)
=-------------------------------------------------------------------------------
+------------------------------------------------------------------------------+
|A: Identity of the persons or legal entity subject to the notification |
|obligation |
+-------------------------------------------+----------------------------------+
|Full name | |
|(including legal form of legal entities) | Jupiter Asset Management Limited|
| | |
+-------------------------------------------+----------------------------------+
|Contact address | |
|(registered office for legal entities) |1 Grosvenor Place, London SW1X 7JJ|
| | |
+-------------------------------------------+----------------------------------+
|Phone number & email | 02074120703|
| | |
+-------------------------------------------+----------------------------------+
|Other useful information | |
|(at least legal representative for legal | |
|persons) | |
| | |
+-------------------------------------------+----------------------------------+
|
+-------------------------------------------+----------------------------------+
|B: Identity of the notifier, if applicable |
+-------------------------------------------+----------------------------------+
|Full name | |
| | |
+-------------------------------------------+----------------------------------+
|Contact address | |
| | |
+-------------------------------------------+----------------------------------+
|Phone number & email | |
| | |
+-------------------------------------------+----------------------------------+
|Other useful information | |
|(e.g. functional relationship with the | |
|person or legal entity subject to the | |
|notification obligation) | |
+-------------------------------------------+----------------------------------+
+------------------------------------------------------------------------------+
|C: Additional information |
+------------------------------------------------------------------------------+
| |
+------------------------------------------------------------------------------+
For notes on how to complete form TR-1 please see the FSA website.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Brit Insurance Holdings N.V. via Thomson Reuters ONE
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