TIDMFAN

RNS Number : 0615E

First Artist Corporation PLC

31 March 2011

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the 
 underlying issuer of existing shares to 
 which voting rights are attached: (ii)           First Artist Corporation plc 
------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
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 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 economic 
  effect to qualifying financial instruments 
---------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
---------------------------------------------------------------------  ------- 
 Other (please    Issuer has issued 8,700,000 shares in a placing 
  specify):        which has diluted the percentage held by the Fund.     X 
---------------  ----------------------------------------------------  ------- 
 3. Full name of person(s) subject 
  to the 
  notification obligation: (iii)         SF T1ps Smaller Companies Growth Fund 
------------------------------------  ---------------------------------------- 
 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 
  reached: (v)                                                 30th March 2011 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                           31(st) March 2011 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                       10% 
------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type 
 of shares 
 if 
 possible     Situation previous 
 using the     to the triggering                  Resulting situation after the triggering 
 ISIN CODE     transaction                         transaction 
-----------  ----------------------------------  --------------------------------------------------------------------- 
                              Number 
              Number           of 
               of              Voting             Number        Number of voting         % of voting rights 
               Shares          Rights              of shares     rights                   (x) 
-----------  --------------  ------------------  ------------  -----------------------  ------------------------------ 
                                                                Direct        Indirect 
                                                  Direct         (xi)          (xii)     Direct         Indirect 
-----------    ---  -------  ------  -----  ---  ------------  ------------  ---------  -------------  --------------- 
 
              6,229,500       6,229,500           6,229,500     6,229,500                9.44 
-----------  --------------  ------------------  ------------  ------------  ---------  -------------  --------------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
                                                                     Number of voting 
                                                                      rights that may 
                                                                      be 
                                      Exercise/                       acquired if the 
 Type of financial   Expiration        Conversion Period              instrument is               % of voting 
  instrument          date (xiii)      (xiv)                          exercised/ converted.        rights 
------------------  ---------------  -----------------------------  ---------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
                                             Exercise/ 
 Type of                                      Conversion        Number of voting 
 financial      Exercise      Expiration      period             rights instrument           % of voting rights 
 instrument      price         date (xvii)    (xviii)            refers to                    (xix, xx) 
-------------  ------------  -------------  -----------------  ---------------------------  -------------------------- 
                                                                                             Nominal       Delta 
-------------  ------------  -------------  -----------------  ---------------------------  ------------  ------------ 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                      Percentage of voting rights 
-----------------------------------------------------------  --------------------------------------------------------- 
 6,229,500                                                    9.44% 
-----------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------ 
 
 
 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: 
--------------------------------------  -------------------------------------- 
 14. Contact name:                                                Nick Woolard 
--------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                    01624 641305 
--------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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