12th Apr 2010 14:59
ACENCIA DEBT STRATEGIES LIMITED
(Registered in Guernsey - Number 43787)
Registered Office:
2ND FLOOR, REGENCY COURT, GLATEGNY ESPLANADE,
ST PETER PORT, GUERNSEY GY1 3NQ
TELEPHONE: +44 1481 720321
FACSIMILE: +44 1481 716117
E-MAIL: [email protected]
For immediate release |
12 April 2010 |
The Company has today been notified of the following interest in its Shares.
TR1 - Notification of Major Interests in Shares |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii |
ACENCIA DEBT STRATEGIES LTD |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
no |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
no |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
no |
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An event changing the breakdown of voting rights |
yes |
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Other (please specify): |
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no |
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3. Full name of person(s) subject to the notification obligation: iii |
Midas Capital Plc |
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4. Full name of shareholder(s) (if different from 3.):iv |
See section 9 below. |
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5. Date of the transaction and date on which the threshold is crossed or reached: v |
07/04/2010 |
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6. Date on which issuer notified: |
08/04/2010 |
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7. Threshold(s) that is/are crossed or reached: vi, vii |
Was 4.61%, Now 5.72% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights x |
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Direct xi |
Indirect xii |
Direct |
Indirect |
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GB00B0MSB420 |
8,750,000 |
8,750,000 |
8,750,000 |
N/A |
8,750,000 |
N/A |
5.72% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date xiii |
Exercise/ Conversion Period xiv |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Exercise price |
Expiration date xvii |
Exercise/ Conversion period xviii |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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8,750,000 |
5.72% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
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CF Midas Income Fund |
Bank of New York Nominees Ltd a/c 392513 |
6,000,000 |
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Midas Income and Growth Trust |
State Street Nominees Ltd a/c XCE3 |
1,750,000 |
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Segregated Account |
Bank of New York Nominees Ltd a/c 156547 |
600,000 |
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Segregated Account |
Bank of New York Nominees Ltd a/c 111359 |
400,000 |
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease to hold: |
N/A |
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12. Date on which proxy holder will cease to hold voting rights: |
N/A |
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13. Additional information: |
Midas Capital Partners Ltd and Miton Asset Management Ltd are both subsidiaries of Midas Capital Plc |
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14. Contact name: |
Ian Borrows |
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15. Contact telephone number: |
0151 906 2476 |
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Enquiries:
Company Secretary
Butterfield Fulcrum Group (Guernsey) Limited
2nd Floor
Regency Court
Glategny Esplanade
St Peter Port
Guernsey GY1 3NQ
Tel: 01481 720321
Fax: 01481 716117
Related Shares:
MGR.L