Holding(s) in Company
16 May 2003 - 2:06AM
UK Regulatory
RNS Number:1618L
Thistle Hotels PLC
15 May 2003
THISTLE HOTELS PLC
15 MAY 2003
Thistle Hotels Plc ("the Company")
NOTIFICATION OF MAJOR INTEREST IN SHARES
On 1 May 2003, BIL International Limited ("BIL") announced that the offer (the
"Offer") made by HSBC Bank plc on behalf of BIL (UK) Limited ("BIL (UK)") for
the entire issued share capital of the Company not already owned by the BIL
group had been declared unconditional in all respects. The Offer has been
recommended by the Company's board.
Further to that announcement, the Company received a further notification from
BIL on 15 May 2003 such that, as a result of valid acceptances having been
received in respect of a total of 22,657,941 ordinary shares in the Company as
at 3.00pm on 14 May 2003, BIL is interested in a total of 330,954,981 ordinary
shares in the Company.
Class of security: Ordinary shares of 25 13/20 pence
Name of person having a major interest: BIL International Limited through its wholly-owned
subsidiaries BIL (UK) and Ableton Holdings Limited
Date of notice to company: 15/05/03
Date of change in interest: from 13/05/03 up to and including 14/05/03 as a
result of acceptances of the Offer
Names of registered holders and number of shares Ableton Holdings Limited
held by each:
221,094,639 ordinary shares
BIL (UK) Limited
1 (one) ordinary share
Acceptances received from shareholders
109,860,341 ordinary shares
Change in the number of shares in which the 22,657,941
substantial shareholder is interested:
Relevant percentage of the issued class 4.70%
of security:
Total holding of the substantial shareholder 330,954,981
following this notification:
Total percentage holding of the substantial 68.61%
shareholder following this notification:
Name of contact and telephone number for queries: Ian Cattermole
020 7895 2000
In its notifications to the Company, BIL indicated that the terms of engagement
between BIL (UK) and Capita IRG Plc, in its capacity as receiving and escrow
agent for the purposes of the Offer, may constitute an agreement for the
purposes of section 204 of the Companies Act 1985 in relation to shares which
are the subject of acceptances of the Offer.
Submitted by Ian Cattermole, Company Secretary, on behalf of Thistle Hotels Plc
This information is provided by RNS
The company news service from the London Stock Exchange
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