Holding(s) in Company
26 January 2010 - 9:27PM
UK Regulatory
TIDMMOLE
RNS Number : 1254G
Baylon Holdings Limited
26 January 2010
TR-1: notification of major interests in shares
+------------------------------------------------+-----------+-----------+-----------+
| 1. Identity of the issuer or the underlying |BAYLON HOLDINGS LIMITED FORMERLY |
| issuer of existing shares to which voting | MOLECTRA GROUP LTD |
| 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 financial instruments which | |
| may result in the acquisition of shares already issued to | |
| which voting rights are attached | |
+------------------------------------------------------------+-----------------------+
| An event changing the breakdown of voting rights | |
+------------------------------------------------------------+-----------------------+
| Other (please specify):Change to the number of voting | v |
| rights in issue | |
+------------------------------------------------------------+-----------------------+
| 3. Full name of person(s) subject to the | NIGEL WILLIAM WRAY |
| notification obligation: | |
+------------------------------------------------+-----------------------------------+
| 4. Full name of shareholder(s) (if different | PERSHING NOMINEES LIMITED |
| from 3.): | PIHL EQUITY LLP |
+------------------------------------------------+-----------------------------------+
| 5. Date of the transaction (and date on which | 22 JANUARY 2010 |
| the threshold is crossed or reached if | |
| different): | |
+------------------------------------------------+-----------------------------------+
| 6. Date on which issuer notified: | 25 JANUARY 2010 |
+------------------------------------------------+-----------------------------------+
| 7. Threshold(s) that is/are crossed or | 10% to 12% change at direct |
| reached: | interest level |
+------------------------------------------------+-----------------------------------+
| 8. Notified details: | N/A |
+------------------------------------------------+-----------+-----------+-----------+
+---------------+-------------+-------------+------------+-----------+-------------+----------+-----------+
| A: Voting rights attached to shares |
+---------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering transaction |
| of shares | to the Triggering | |
| if | transaction | |
| possible | | |
| using the | | |
| ISIN CODE | | |
+ +---------------------------+-------------------------------------------------------------+
| | Number of | Number | Number | Number of voting | % of voting rights |
| | Shares | of | of | rights | |
| | | Voting | shares | | |
| | | Rights | | | |
+ + + +------------+-------------------------+----------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
+---------------+-------------+-------------+------------+-----------+-------------+----------+-----------+
| ORDINARY | 18,126,366 | 18,126,366 | 626,366 | 626,366 | 17,500,000 | 0.428% | 11.96% |
| SHARES | | | | | | | |
| GB00B0T2CP59 | | | | | | | |
+---------------+-------------+-------------+------------+-----------+-------------+----------+-----------+
+----------------+------------+-------------------+--------------------+------------+
| B: Financial Instruments |
+-----------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+-----------------------------------------------------------------------------------+
| Type of | Expiration | Exercise/ | Number of voting | % of |
| financial | date | Conversion | rights that may be | voting |
| instrument | | Period/ Date | acquired if the | rights |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
+----------------+------------+-------------------+--------------------+------------+
| | | | | |
+----------------+------------+-------------------+--------------------+------------+
+--------------------+--------------------+--------------------+--------------------+
| Total (A+B) |
+-----------------------------------------------------------------------------------+
| Number of voting rights | % of voting rights |
+-----------------------------------------+-----------------------------------------+
| 18,126,366 including 17,500,000 held by | 12.39% |
| PIHL Equity LLP, a partnership in which | |
| Mr Wray controls or is beneficially | |
| interested in 44.99% of the partnership | |
| capital | |
+-----------------------------------------+-----------------------------------------+
| 9. Chain of controlled undertakings |
| through which the voting rights and/or |
| the financial instruments are |
| effectively held, if applicable: |
+-----------------------------------------+
| Nigel William Wray has a beneficial |
| interest in shares in Baylon Holdings |
| Ltd (former name Molectra Group Ltd |
| held by the following nominees |
| Pershing Nominees Limited 626,366 |
| In addition Mr Nigel William Wray |
| controls or is beneficially interested |
| in 44.99% of the partnership capital of |
| PIHL Equity LLP which owns |
| 17,500,000 ordinary shares in Baylon |
| Holdings Ltd (former name Molectra |
| Group Ltd) |
+--------------------+--------------------+--------------------+--------------------+
+-------------------------------------------------+----------------------------+
| Proxy Voting: |
+------------------------------------------------------------------------------+
| 10. Name of the proxy holder: | N/A |
+-------------------------------------------------+----------------------------+
| 11. Number of voting rights proxy holder will | N/A |
| cease to hold: | |
+-------------------------------------------------+----------------------------+
| 12. Date on which proxy holder will cease to | N/A |
| hold voting rights: | |
+-------------------------------------------------+----------------------------+
+---------------------------------+--------------------------------------------+
| 13. Additional information: | Figures are based on a revised total |
| | number of voting rights of 146,300,787 |
+---------------------------------+--------------------------------------------+
| 14. Contact name: | Nigel Wray |
+---------------------------------+--------------------------------------------+
| 15. Contact telephone number: | 020 7647 7657 |
+---------------------------------+--------------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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