23rd Apr 2013 16:59
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | DOLPHIN CAPITAL INVESTORS LIMITED | |||
2. Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | YES | |||
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): | ||||
3. Full name of person(s) subject to thenotification obligation: iii | FIR TREE INC. | |||
4. Full name of shareholder(s) (if different from 3.):iv | See box 9 below | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 18 April 2013 | |||
6. Date on which issuer notified: | 23 April 2013 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5% | |||
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
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 x | |||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
VGG2803G1028
| 31,205,000 | 31,205,000 | 38,425,000 | 38,425,000 | 5.98% | ||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
Resulting situation after the triggering transaction
| |||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| ||||||||||||
US$ 2,020,000 of convertible bonds | US$ 0.7246 | Maturity 31.03.2016 |
Convertible until 22.03.2016
| 2,787,745 (approx) | Nominal | Delta | |||||||||||
0.43% | |||||||||||||||||
Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
41,212,745 | 6.41% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||||||||||||||||||||
FIR TREE INC., investor manager of:-
| ||||||||||||||||||||
Proxy Voting: | ||||||||||||||||||||
10. Name of the proxy holder: | N/A | |||||||||||||||||||
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |||||||||||||||||||
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |||||||||||||||||||
13. Additional information: |
Calculation based on:
·; 642,440,167 total shares in issue.
·; FCO holds convertible bonds convertible to approx 2,787,745 shares (based on conversion price: US$0.7246)
·; If FCO exercised all convertible bonds held (and assuming no other convertible bonds or warrants had been exercised), the funds described at box 9 above would hold a combined total 6.41% of voting rights in the then issued share capital
| |||||||||||||||||||
14. Contact name: | Martin T. Towey, Fir Tree Inc. | |||||||||||||||||||
15. Contact telephone number: | 212-599-0090 | |||||||||||||||||||
Related Shares:
Dci Advisors