10th Mar 2011 11:37
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | PSource Structured Debt Limited |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | YES | |
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 | |
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | NO | |
An event changing the breakdown of voting rights | NO | |
Other (please specify): |
| NO |
3. Full name of person(s) subject to the notification obligation:
| MAM Funds Plc |
4. Full name of shareholder(s) (if different from 3.):
| See section 9 below |
5. Date of the transaction and date on which the threshold is crossed or reached:
| 03/03/2011 |
6. Date on which issuer notified:
| 09/03/2011 |
7. Threshold(s) that is/are crossed or reached:
| Was 20.15%, Now 19.73% |
8. Notified details: | |||||||
A: Voting rights attached to shares
| |||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights | |||
Direct | Direct | Indirect | Direct | Indirect | |||
GG00B236KR59 | 12,000,000 | 12,000,000 | 11,750,000 | n/a | 11,750,000 | n/a | 19.73% |
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
| ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod | Number of votingrights that may beacquired if theinstrument isexercised/ converted.
| % of votingrights |
n/a | n/a | n/a | n/a | n/a |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction
| ||||||
Type of financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights
| |
Nominal | Delta
| |||||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
11,750,000 | 19.73% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: |
CF Midas Income Fund - Bank of New York Nominees Ltd a/c 392513 - 5,900,000 Midas Income & Growth Trust - State Street Nominees Ltd a/c XCE3 - 1,250,000 iimia Investment Trust - Bank of New York Nominees Ltd a/c 178055 - 400,000 CF Miton Select Assets Portfolio - Bank of New York Nominees Ltd a/c 391998 - 150,000 Segregated Account - Bank of New York Nominees Ltd a/c 156547 - 500,000 CF Midas Growth Fund - Bank of New York Nominees Ltd a/c 392512 - 3,550,000
|
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 will cease to hold voting rights:
| n/a |
13. Additional information:
| Midas Capital Partners Ltd and Miton Asset Management Ltd are all subsidiaries of MAM Funds Plc |
14. Contact name:
| Ian Borrows |
15. Contact telephone number:
| 0151 906 2476 |
Related Shares:
MGR.L