27th Apr 2010 16:48
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Insetco Plc
2. Reason for the notification (please state Yes/No): ( )
An acquisition or disposal of voting rights: (Yes)
An acquisition or disposal of 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 (please specify): (No)
3. Full name of person(s) subject to the notification obligation (iii):
ADM ISI Nominees
4. Full name of shareholder(s) (if different from 3.) (iv):
N/A
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
21 April 2010
6. Date on which issuer notified:
27 April 2010
7. Threshold(s) that is/are crossed or reached:
Below 3%
8. Notified details:
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction (vi) |
|
|
|
Number of shares |
Number of voting Rights (viii) |
|
GB00B5KNBL14 Ordinary shares |
850,000 |
- |
Resulting situation after the triggering transaction (vii)
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
||
|
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
GB00B5KNBL14 Ordinary shares |
Not disclosable |
|
|
|
|
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/ converted. |
% of voting rights |
|
|
|
|
|
|
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 rights |
% of voting rights |
|
Not disclosable |
|
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
N/A
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:
Note: The above calculations do not take into account 60,435,779 unexercised warrants
14. Contact name:
Guy Masson
15. Contact telephone number:
020 7716 8650
Related Shares:
INC.L