14th Apr 2009 11:48
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):
Summit Germany Limited
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:
An event changing the breakdown of voting rights:
Other (please specify):
3. Full name of person(s) subject to the notification obligation (iii):
Midas Capital plc
4. Full name of shareholder(s) (if different from 3.) (iv):
See section 9 below
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
07/04/2009
6. Date on which issuer notified:
08/04/2009
7. Threshold(s) that is/are crossed or reached:
Was 7.88%, Now 4.97%
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) |
GB00B126Y552 |
21,675,000 |
21,675,000 |
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 |
GB00B126Y552 |
13,675,000 |
13,675,000 |
4.97% |
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 |
Total (A+B)
Number of voting rights |
% of voting rights |
13,675,000 |
4.97% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
CF Midas Income Fund 6,325,000
(Registered Bank of New York Nominees a/c 392513)
Midas Income & Growth Trust 1,425,000
(Registered: State Street Nominees Ltd a/c XCE3)
Segregated Account 475,000
(Bank of New York Nominees Ltd a/c 156547)
CF Midas Growth Fund 4,600,000
(Registered Bank of New York Nominees a/c 392512)
Segregated Account 275,000
(Registered Bank of New York Nominees a/c 318901)
Segregated Account 325,000
(Registered Bank of New York Nominees a/c 111359)
Segregated Account 250,000
(Registered Roy Nominees Ltd 570035)
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
Midas Capital Partners Ltd, Miton Asset Management Ltd and iimia Plc are all subsidiaries of Midas Capital Plc
14. Contact name:
John Bradley
15. Contact telephone number:
0151 906 2462
Related Shares:
MGR.L