26th Nov 2009 13:09
Eatonfield Group plc ("Eatonfield" or "the Company")
Holdings in Company
The directors of Eatonfield announce that on 25 November 2009, the Company received notification from The Royal Bank of Scotland Group plc ("RBS") that as of 20 November, it holds a notifiable interest in the Ordinary Shares of 1 pence each in the Company ("Ordinary Shares").
RBS' notifiable interest is in warrants ("the Warrants") entitling it to acquire in total 12,635,461 Ordinary Shares at an exercise price of 5 pence per share. The Warrants are capable of exercise on or before 16 September 2014. RBS' notifiable interest is held through West Register (Investments) Ltd ("West Register").
If the Warrants were exercised in their entirety and assuming no other outstanding warrants or options were exercised, West Register's resultant holding of 12,635,461 Ordinary Shares would represent 5.16% of the total voting rights of the Company. The Company currently has 232,234,775 Ordinary Shares in issue with voting rights.
Separately, on 25 November 2009 the Company received notification from Gartmore Investment Limited ("Gartmore") that following the placing of Ordinary Shares approved by shareholders at a general meeting of the Company on 19 November 2009, Gartmore holds a notifiable interest in 26,600,000 Ordinary Shares, representing 11.45% of the Company's total voting rights.
For further information contact:
Eatonfield Group plc
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Tel: +44 (0)1829 261 910 |
Paul Williams (Executive Chairman) |
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Rob Lloyd (Group Chief Executive)
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Evolution Securities Limited
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Tel: +44 (0)113 243 1619 |
Joanne Lake/Peter Steel |
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Orbis Equity Partners Limited
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Tel: +44 (0)203 137 1904 |
Jeremy King |
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End
Related Shares:
RBS.L