26th May 2010 10:46
SIRIUS REAL ESTATE LIMITED(Registered in Guernsey - Number 46442)Registered Office:Martello Court, Admiral Park, St Peter Port, Guernsey, GY1 3HBTelephone: +44 1481 211 000Facsimile: +44 1481 211 001Email: [email protected]
For Immediate Release
SIRIUS REAL ESTATE LIMITED(a Company incorporated in Guernsey)
TR-1 NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
SIRIUS REAL ESTATE LIMITED
2. Reason for the Notification State YES or NO An acquisition or disposal of voting YES rights: An acquisition or disposal of financial NO instruments which may result in the acquisition of shares already issued to which voting rights are attached: An event changing the breakdown of voting NO rights: Other (please specify): NO 3. Full name of person(s) subject to the Hound Partners, LLC notification obligation: 4. Full name of shareholder(s) (if different Hound Partners, LP; Hound from 3 above): Partners Offshore Fund, LP 5. Date of the transaction (and date on which 25 May 2010 the threshold is crossed or reached if different): 6. Date on which issuer notified: 26 May 2010 7. Threshold(s) that is/are crossed or Less than 3% reached: 8. Notified details:
A: Voting Rights attached to Shares
Class/type of Situation previous to Resulting situation after the triggering
shares if the triggering transaction possible transaction using the ISIN CODE Number of Number of Number Number of Voting % of Voting Shares Voting of Rights Rights Rights Shares Direct Indirect Direct Indirect GG00B1W3VF54 16,508,574 16,508,574
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Date Exercise/ Number of % of Voting Financial Conversion Voting Rights Rights Instrument Period/Date that may be acquired if the instrument is exercised/ converted
C. Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of Exercise Expiration Execise/ Number of Voting % of Voting Financial Price Date rights Rights Converstion instrument Instrument Period refers to Nominal Delta TOTAL (A + B+C) Number of Voting Rights % of Voting Rights
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
PROXY VOTING
10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will N/A cease to hold: 12. Date on which proxy holder will cease to N/A hold voting rights: 13. Additional information N/A 14. Contact name: N/A 15. Contact telephone number: N/A
ANNEX NOTIFICATION OF MAJOR INTERESTS IN SHARES
A: Identity of the person or legal entity subject to the notification obligations
Full Name (including legal form for legal Hound Partners, LLC
entities):
Contact Address: 101 Park Avenue48th FloorNew YorkNY 10178United States of AmericaTelephone Number: (212) [email protected]
Other Useful Information (at least legal Stirling Levy
Representative for legal persons):
B: Identity of the notifier, if applicable
Full Name: Stirling Levy
Contact Address: c/o Hound Partners, LLC101 Park Avenue48th FloorNew YorkNY 10178United States of AmericaTelephone Number: (212) [email protected] Useful Information (e.g. functionalrelationship with the person or legal entitysubject to the notification obligation):
C: Additional Information
Enquiries:
Intertrust Fund Services (Guernsey) LimitedCompany SecretaryMartello CourtAdmiral ParkSt Peter PortGuernseyTelephone: 01481 211000Facsimile: 01481 211001
vendorRelated Shares:
Sirius Real Estate