12th Sep 2008 13:56
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
New City Energy Limited.
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify) : ( )
……………..
3. Full name of person(s) subject to the notification obligation:
Midas Capital 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 if different):
09/09/08
6. Date on which issuer notified:
11/09/08
7. Threshold(s) that is/are crossed or reached:
11%
8. Notified details:
N/A
A: Voting rights attached to shares.
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction (vi) |
Resulting situation after the triggering transaction (vi) |
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|
Ordinary Shares JE00B2B0SY27 |
Number Of Shares |
Number Of Voting Rights (viii) |
Number Of Shares |
Number Of Voting Rights (ix) |
% of Voting rights |
|||
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
||||
|
5,775,000 |
5,775,000 |
6,050,000 |
6,050,000 |
N/A |
11.37% |
N/A |
||
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
|
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. |
% of voting rights. |
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|
Converted. |
||||||||
|
N/A |
N/A |
N/A |
N/A |
N/A |
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|
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv) :
|
CF Midas Balanced Income Fund (Registered: Bank of New York Nominees A/C 392513 |
4,525,000 |
|
Discretionary Client (Registered: State Street Nominees Ltd.) |
350,000 |
|
CF iimia Accelerated Fund (Registered: Bank of New York Nominees Ltd A/C 391998 |
575,000 |
|
CF iimia Growth Fund (registered: HSBC Global Custody Nominee (UK) Ltd A/C 949182) |
600,000 |
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:
Iimia plc, Miton Asset Management Ltd and Midas Capital Partners Ltd are all subsidiaries of Midas Capital plc.
14. Contact name:
Helen Craig
15. Contact telephone number:
01392 475972
Related Shares:
NCE.LMGR.L