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Holding(s) in Company

3rd Nov 2010 14:15

RNS Number : 5441V
Davis Service Group PLC
03 November 2010
 



 

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:

Davis Service Group plc……………..

 

2. Reason for the notification (please place an X inside the appropriate bracket/s):

 

An acquisition or disposal of voting rights: (   )

 

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) : ( X ) Please refer to question 13.

……………..

 

3. Full name of person(s) subject to the notification obligation:

Silchester Partners Limited (previously known as Silchester International Investors Limited)

 

4. Full name of shareholder(s) (if different from 3.):

 

Silchester International Investors International Value Equity Trust

 

Silchester International Investors International Value Equity Taxable Trust

 

Silchester International Investors International Value Equity Group Trust

 

Silchester International Investors Tobacco Free International Value Equity Trust

 

The Calleva Trust

 

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

1st November 2010……………..

 

6. Date on which issuer notified:

2nd November 2010……………..

 

7. Threshold(s) that is/are crossed or reached:

Falling from over 19% to below 3%……………..

 

8. Notified details:

N/A

A: Voting rights attached to shares

 

Class/type of shares if possible using the ISIN CODE

Situation previous to the Triggering transaction

 

GB00B0F99717

Number of shares32,554,263

Number of voting Rights32,554,263

 

 

 

 

 

Resulting situation after the triggering transaction (vii)

 

Class/type of shares if possible using the ISIN CODE

Number of shares

Number of voting rights

% of voting rights

GB00B0F99717

Direct0

Direct0

Indirect

Direct0%

Indirect

 

 

 

 

 

 

 

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

 

Type of financial instrument

Expiration Date

Exercise/Conversion Period/ Date

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

N/A

N/A

N/A

N/A

 

 

Total (A+B)

Number of voting rights

% of voting rights

0

0%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable

N/A

 

Proxy Voting:

 

10. Name of the proxy holder:

Silchester Partners Limited (previously known as Silchester International Investors Limited)

 

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:

On 1st November 2010, Silchester International Investors Limited ("Silchester Limited") transferred its regulated business to Silchester International Investors LLP ("Silchester LLP"). On the same day, Silchester Limited changed its name to Silchester Partners Limited. All employees of Silchester Limited, including all portfolio managers, investment analysts and members of its administration and operations teams, became partners or employees of Silchester LLP. As of 1st November 2010, Silchester Limited does not exercise any control over the company's shares. Please refer to the regulatory disclosure submitted by Silchester LLP for further information. This notification was therefore triggered by the change in the legal structure of the investment management firm on 1st November 2010 rather than trading activity in the underlying shares.

 

14. Contact name:

Timothy J. Linehan, Head of Operations

 

15. Contact telephone number:

0207 5187125

 

Annex to Notification Of Major Interests In Shares

 

A: Identity of the person or legal entity subject to the notification obligation

 

Full name (including legal form for legal entities):

Silchester Partners Limited (previously known as Silchester International Investors Limited)

 

Contact address (registered office for legal entities):

Time & Life Building

1 Bruton Street, 5th Floor

London W1J 6TL

 

Phone number:

020 7518 7125

 

Other useful information (at least legal representative for legal persons):

Attn: Timothy J. Linehan, Head of Operations

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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