29th Feb 2012 09:22
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESiNOTIFICATION OF MAJOR INTEREST IN SHAR | |||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | TAU Capital Plc | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | |||||
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): | Due to cancellation and de-listing of ordinary shares by the Tau Capital PLC, following the buy back of 11,491,538 ordinary shares | X | |||
3. Full name of person(s) subject to thenotification obligation: iii | LIM Asia Multi-Strategy Fund Inc | ||||
4. Full name of shareholder(s) (if different from 3.):iv | |||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 24 Feb 2012 | ||||
6. Date on which issuer notified: | 29 Feb 2012 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 14% | ||||
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 | ||||||||||||
Ordinary Shares | 33,329,661 | 33,329,661 | 33,329,661 | 14.69% | ||||||||||||
(TAU LN) | ||||||||||||||||
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 | ||||||||||||
N/A | N/A | N/A | N/A | N/A | ||||||||||||
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
| |||||||||||
N/A | N/A | N/A | N/A | N/A | Nominal | Delta | ||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
33,329,661 | 14.69% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | LIM Asia Multi-Strategy Fund Inc. | |
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: | As a result of the share buy back from the Company the total number of shares in issue has changed from 238,450,002 to now 226,958,464 and with our existing share ownership unchanged this resulted in LIM Asia Multi-Strategy Fund Inc. crossing the reporting threshold. | |
14. Contact name: | Oscar Wan | |
15. Contact telephone number: | 852 2533 0961 | |
Related Shares:
TAU.L