9th Jun 2011 14:18
TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:ii
Midas Income & Growth Trust PLC
2. Reason for the notification (please state Yes/No):
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: No
3. Full name of person(s) subject to the notification obligation: iii
MAM Funds Plc
4. Full name of shareholder(s) (if different from 3.): iv
See section 9 below
5. Date of the transaction and date on which the threshold is crossed or reached: v
7 June 2011
6. Date on which issuer notified:
9 June 2011
7. Threshold(s) that is/are crossed or reached: vi, vii
Was 11.9%, Now 12.5%
8. Notified details:
A: Voting rights attached to shares viii, ix
Situation previous to the Triggering transaction | ||
Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights |
GB0008769993 | 4,764,989
| 4,764,989 |
Resulting situation after the triggering transaction (vii)
Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rightsx | ||
Direct | Indirect xi | Direct | Indirect | ||
GB0008769993 | 4,989,989 | n/a | 4,989,989 | n/a | 12.5% |
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument | Expiration Date xiii | Exercise/Conversion Period/ Date xiv | 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 |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument | Exercise price | Expiration Date xvii | Exercise/Conversion Period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |
Nominal | Delta | |||||
Total (A+B+C)
Number of voting rights4,989,989 | % of voting rights12.5% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Segregated Account | Bank of New York Nominees Ltd a/c 318901 | 595,064 |
Segregated Account | Bank of New York Nominees Ltd a/c 254905 | 174,925 |
CF Miton Select Assets Portfolio | Bank of New York Nominees Ltd a/c 391998 | 220,000 |
Miton Worldwide Growth Investment Trust | Bank of New York Nominees Ltd a/c 178055 | 375,000 |
CF Midas Income Fund | Bank of New York Nominees Ltd a/c 392513 | 3,625,000 |
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 both subsidiaries of MAM Funds Plc
14. Contact name:
Charles Mearns, Aberdeen Asset Managers Ltd
15. Contact telephone number:
0131 528 4132
Related Shares:
MGR.LSIGT.L