22nd Jun 2012 16:40
PRESS ANNOUNCEMENT | ||||||||||||||||||
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FOR IMMEDIATE RELEASE | ||||||||||||||||||
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22 June 2012 |
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SOMERO ENTERPRISES, INC. | ||||||||||||||||||
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TR-1: Notifications 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: | Somero Enterprises, Inc. |
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2. Reason for notification (yes/no) |
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An acquisition or disposal of voting rights | Yes |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to notification obligation: | Hargreave Hale Limited |
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4. Full name of shareholder(s) (if different from 3): | Discretionary clients |
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5. Date of transaction (and date on which the threshold is crossed or reached if different): |
23 JANUARY 2012 (CROSS 5% THRESHOLD 5.1631%) Since this date the holding has changed due to a number of acquisitions and disposals resulting in the current position disclosed in section 8 - None of these acquisitions or disposals have crossed any further reporting thresholds. |
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6. Date on which issuer notified: | 30 May 2012 |
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7. Threshold(s) that is/are crossed or reached: | 5% |
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8: Notified Details |
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A: Voting rights attached to shares |
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Class/type of shares | Situation previous to the triggering transaction | Resulting situation after the triggering transaction |
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If possible use ISIN code | Number of shares | Number of voting rights | Number of shares | Number of voting rights | % of voting rights |
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| Indirect | Direct | Indirect | Direct | Indirect |
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USU834501038 | 1,913,300 | 1,913,300 | 4,266,300 |
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| 7.56% |
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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 | Exercise/ Conversion Period | 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 |
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Resulting situation after the triggering transaction |
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Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights |
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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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4,266,300 | 7.56% |
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9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
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3,033,300 of these shares are held for a unit trust operated by Marlborough Fund Managers Ltd, for whom Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis. The remaining shares are held for other Discretionary clients. |
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N/A |
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Proxy Voting: |
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10. Name of 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: | Also see section 5 - The 5% was crossed on the 23rd January 2012. |
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14 Contact name: | David Clueit |
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15. Contact telephone name: | 01253 754739 |
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Related Shares:
Somero