TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (5223I)
16 June 2011 - 2:35AM
UK Regulatory
TIDMPRA TIDMRBS
RNS Number : 5223I
Praesepe PLC
15 June 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 Praesepe
attached: (ii) plc
--------------------------------------------------------------------------------------------------------------- ---------
2 Reason for the notification (please tick the appropriate box or boxes):
--------------------------------------------------------------------------------------------------------------------------
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 X
--------------------------------------------------------------------------------------------------------------- ---------
Other (please specify): Share Price Movement
------------------------------------ ------------------------------------------------------------------------- ---------
3. Full name of person(s) subject
to the
notification obligation: (iii) The Royal Bank of Scotland Group plc
-------------------------------------------------------------------------- ----------------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv) West Register (Investments) Limited
-------------------------------------------------------------------------- ----------------------------------------------
5. Date of the transaction and date
on
which the threshold is crossed or
reached: v 10/06/2011
-------------------------------------------------------------------------- ----------------------------------------------
6. Date on which issuer notified: 14/06/2011
-------------------------------------------------------------------------- ----------------------------------------------
7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 8%
-------------------------------------------------------------------------- ----------------------------------------------
8. Notified details:
---------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
---------------------------------------------------------------------------------------------------------------------------
Class/type of
shares if Situation
possible previous to the
using the triggering
ISIN CODE transaction Resulting situation after the triggering transaction
-------------- ---------------- -----------------------------------------------------------------------------------------
Number
Number of
of Voting Number of Number of voting % of voting rights
Shares Rights shares rights (x)
-------------- ---------------- --------------- ----------------- -------------------------- -------------------------
Indirect
Direct Direct (xi) (xii) Direct Indirect
-------------- ------------ ----------- ----------------- --------------- --------- ------------ -----------
Ord GBP 0.01
GB00B1263L43 24,997,333 24,997,333 24,997,333 24,997,333 5.09
============== ---------------- --------------- ----------------- --------------- --------- ------------ -----------
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
---------------------------------------------------------------------------------------------------------------------------
Type of Exercise/ Number of voting
financial Expiration Conversion rights instrument % of voting rights
instrument Exercise price date (xvii) period (xviii) refers to (xix, xx)
---------------- ---------------- --------------- ------------------- ------------------------ -----------------------
11,248,950
Subject to all
holders paying
10p per warrant
Earlier of: consideration
5 Years after share at the
satisfaction time of exercise.
of the 20p If holders choose
Mid-market trigger or not to pay the
share price 10 years from warrant consideration
Warrant above 20p for date of signing the ordinary
Consideration 10 consecutive Sale & Purchase shares available
Shares business days 20/04/20 Agreement halves. Nominal Delta
---------------- ---------------- --------------- ------------------- ------------------------ ------------ ---------
2.29
-------------- ------------ ----------- ------------- ----------- --------- ------------ ---------
Total (A+B+C)
---------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
----------------------------------------------------- --------------------------------------------------------------------
35,246,283 7.38%
----------------------------------------------------- --------------------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
---------------------------------------------------------------------------
The Royal Bank of Scotland Group plc (7.38%)
The Royal Bank of Scotland plc (7.38%)
West Register (Investments) Ltd (7.38%)
===========================================================================
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 information is provided by RNS
The company news service from the London Stock Exchange
END
HOLGGUPGQUPGGQA
Praesepe (LSE:PRA)
Historical Stock Chart
From May 2024 to Jun 2024
Praesepe (LSE:PRA)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Praesepe (London Stock Exchange): 0 recent articles
More Praesepe News Articles