9th Jul 2008 08:30
NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS
A form TR-1 containing the following information has been received by the Company.
TR-1 notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Caspian Holdings plc
2. Reason for the notification
A disposal of voting rights
3. Full name of person(s) subject to the notification obligation:
Harbert Fund Advisors, Inc., in its capacity as investment adviser to (i) Harbinger Capital Partners Master Fund I, Ltd. and (ii) Harbinger Capital Partners Special Situations Fund, L.P.
4. Full name of shareholder(s) (if different from 3):
Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P.
5.Date of the transaction (and date on which the threshold is crossed or reached if different):
Threshold crossed during trading on 4 July 2008
6. Date on which issuer notified:
09 July 2008
7. Threshold(s) that is/are crossed or reached:
5%
8. Notified details:
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
|||||
|
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
|||
|
Direct |
Direct |
Indirect |
Direct |
Indirect |
|||
|
Ordinary Shares ISIN Code: GB00B0358H47 |
Above 5% |
Above 5% |
4,850,000 |
4,850,000 |
4.91% |
||
B: Financial Instruments
|
Resulting situation after the triggering transaction |
||||
|
Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|
N/A |
N/A |
N/A |
N/A |
N/A |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
4,850,000 |
4.91% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Harbert Fund Advisors, Inc. serves as an investment adviser to (i) Harbinger Capital Partners Master Fund I, Ltd. and (ii) Harbinger Capital Partners Special Situations Fund, L.P. Harbert Fund Advisors, Inc. is an indirect, wholly-owned subsidiary of Harbert Management Corporation.
Proxy Voting:
10. Name of the Proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder cease to hold voting rights:
N/A
13. Additional information:
N/A
Related Shares:
WRES.L