Shareholding
12 October 2010 - 9:08PM
UK Regulatory
TIDMCGA
RNS Number : 2424U
China Gateway International PLC
12 October 2010
FOR IMMEDIATE RELEASE
12 October 2010
("China Gateway International PLC" or "the Company")
SHAREHOLDING
+----------------+--------------------+------+----------------------------+--------+
| |
+----------------------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN |
| SHARESi |
| |
+----------------------------------------------------------------------------------+
| | |
+--------------------------------------------+-------------------------------------+
| 1. Identity of the issuer or the | CHINA GATEWAY INTERNATIONAL 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 | Yes |
+-------------------------------------------------------------------------+--------+
| 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 | Funds under the discretionary management |
| to the | of Laxey Partners Ltd |
| notification obligation: | |
+-------------------------------------+--------------------------------------------+
| 4. Full name of shareholder(s) | Credit Suisse Client Nominees UK Ltd and |
| (if different from 3.): | Vidacos Nominees Limited |
+-------------------------------------+--------------------------------------------+
| 5. Date of the transaction and date | 7 October 2010 |
| on | |
| which the threshold is crossed or | |
| reached: | |
+-------------------------------------+--------------------------------------------+
| 6. Date on which issuer notified: | 8 October 2010 |
+-------------------------------------+--------------------------------------------+
| 7. Threshold(s) that is/are crossed | Percentage change from 23.82% on 15 March |
| or | 2010 |
| reached: | |
+-------------------------------------+--------------------------------------------+
| | | | | |
+----------------+--------------------+------+----------------------------+--------+
+--------------+-----------------+----+------+----------+----+--+----------------------+-+-----+-----+----------+-------+---------------------+----+--+------------+
| 8. Notified details: |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering transaction |
| of | to the triggering | |
| shares | transaction | |
| if possible | | |
| using | | |
| the ISIN | | |
| CODE | | |
+ +------------------------------------------------+--------------------------------------------------------------------------------------------------+
| | Number | Number | Number | Number of | % of voting rights |
| | of | of | of | voting | |
| | Shares | Voting | shares | rights | |
| | | Rights | | | |
+ + + +------------------------+----------------------+--------------------------------------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
| | | | | | | | |
+--------------+-----------------------------+------------------+------------------------+-----------+----------+----------------------------------+---------------+
| GB00B1P70L34 | 5,887,520 | 5,887,520 | 6,104,911 | 6,104,911 | | 24.49% | |
+--------------+ + + + + + + +
| | | | | | | | |
+--------------+-----------------------------+------------------+------------------------+-----------+----------+----------------------------------+---------------+
| |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| B: Qualifying Financial Instruments |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Expiration | Exercise/ | Number of voting | % of voting |
| instrument | date | Conversion Period | rights that may be | rights |
| | | | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
+-------------------------------------+-----------------+--------------------------------------+----------------------------------------------+--------------------+
| | | | | |
+-------------------------------------+-----------------+--------------------------------------+----------------------------------------------+--------------------+
| |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Exercise | Expiration | Exercise/ | Number of voting | % of voting rights |
| instrument | price | date | Conversion | rights instrument | |
| | | | period | refers to | |
| | | | | | |
+--------------------------------+-----------+---------------+---------------------------+------------------------------+------------------------------------------+
| | | | | | Nominal | Delta |
| | | | | | | |
+ + + + + +-----------------------------+------------+
| | | | | | | |
+--------------------------------+-----------+---------------+---------------------------+------------------------------+-----------------------------+------------+
| |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Total (A+B+C) |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+--------------------------------------------------------------------------------------+---------------------------------------------------------------------------+
| 6,104,911 shares | 24.49% |
+--------------------------------------------------------------------------------------+---------------------------------------------------------------------------+
| | | | | | | | | | | | | | | | | |
+--------------+-----------------+----+------+----------+----+--+----------------------+-+-----+-----+----------+-------+---------------------+----+--+------------+
+--------------------------------------+-----------+------------------------------+
| 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: | |
+--------------------------------------------------+------------------------------+
| 11. Number of voting rights proxy holder will | |
| cease | |
| to hold: | |
+--------------------------------------------------+------------------------------+
| 12. Date on which proxy holder will cease to | |
| hold | |
| voting rights: | |
+--------------------------------------------------+------------------------------+
| |
+---------------------------------------------------------------------------------+
| 13. Additional information: | Used new Issued Share Capital figure of |
| | 24,930,732 shares |
| | |
+--------------------------------------+------------------------------------------+
| 14. Contact name: | Laxey Partners Ltd |
+--------------------------------------+------------------------------------------+
| 15. Contact telephone number: | + 44 (0) 1624 690900 |
+--------------------------------------+------------------------------------------+
| | | |
+--------------------------------------+-----------+------------------------------+
For further information please contact:
+------------------+----------------------+--------------------+
| China Gateway | Ken Wills | Tel: +44 (0) 1843 |
| International | | 822444 |
| PLC | | |
+------------------+----------------------+--------------------+
| Beaumont Cornish | Roland Cornish | Tel: +44 (0)20 |
| Limited | | 7628 3396 |
+------------------+----------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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