3rd Sep 2010 17:47
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | |||||||||
| 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: | Tate & Lyle PLC | ||||||||
| 2 Reason for the notification (please tick the appropriate box or boxes): | |||||||||
| An acquisition or disposal of voting rights | X | ||||||||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |||||||||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | |||||||||
| An event changing the breakdown of voting rights | |||||||||
| Other (please specify): | |||||||||
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| 3. Full name of person(s) subject to thenotification obligation: | Harbinger Capital Partners LLC as the investment adviser to (i) Harbinger Capital Partners Master Fund I, Ltd. and (ii) Harbinger Capital Partners Special Situations Fund, L.P. | ||||||||
| 4. Full name of shareholder(s)(if different from 3.): | Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P. | ||||||||
| 5. Date of the transaction and date onwhich the threshold is crossed orreached: | 10 August 2010 | ||||||||
| 6. Date on which issuer notified: | 3 September 2010 | ||||||||
| 7. Threshold(s) that is/are crossed orreached: | Below 4% | ||||||||
| 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 | |||||||||||||||||||||||||||
| Ordinary shares of £0.25 | 19,329,739 | 19,329,739 | 18,244,739 | 18,244,739 | 3.92% | ||||||||||||||||||||||||||
| ISIN Code:GB0008754136 | |||||||||||||||||||||||||||||||
| B: Qualifying Financial Instruments | |||||||||||||||||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||
| Type of financialinstrument | Expirationdate | Exercise/ Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||||||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||||||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||
| Type of financialinstrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to | % of voting rights | ||||||||||||||||||||||||||
| Total (A+B+C) | |||||||||||||||||||||||||||||||
| Number of voting rights | Percentage of voting rights | ||||||||||||||||||||||||||||||
| 18,244,739 | 3.92% | ||||||||||||||||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | |||||
| Harbinger Capital Partners LLC serves as an investment adviser to (i) Harbinger Capital Partners Master Fund I, Ltd (which holds 5,931,069 voting rights in the issuer (1.27%)) and (ii) Harbinger Capital Partners Special Situations Fund, L.P. (which holds 12,313,670 voting rights in the issuer (2.64%). The manager of Harbinger Capital Partners LLC is Harbinger Holdings, LLC, which is in turn controlled by Philip A. Falcone. | |||||
| Proxy Voting: | |||||
| 10. Name of the proxy holder: | |||||
| 11. Number of voting rights proxy holder will ceaseto hold: | |||||
| 12. Date on which proxy holder will cease to holdvoting rights: | |||||
| 13. Additional information: | |||||
| 14. Contact name: | |||||
| 15. Contact telephone number: | |||||
| Listed Company Contact Name: | Robert Gibber. Company Secretary 020 7626 6525 | ||||
Copyright Business Wire 2010
Related Shares:
Tate & Lyle