9th Sep 2008 11:45
|
For immedaite Release |
9 September 2008 |
AssetCo plc
Regulatory News
TR-1: Notifications of Major Interests in Shares - 9th September 2008
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ASSETCO PLC
2. Reason for notification: An acquisition of voting rights:
3. Full name of person(s) subject to notification obligation: NORTH ATLANTIC VALUE LLP (AS INVESTMENT MANAGER/ADVISOR)
4. Full name of shareholder(s): (i) North Atlantic Value LLP (as investment manager/adviser to fund management clients (ii) Oryx International Growth Fund Limited
5. Date of transaction (and date on which the threshold is crossed or reached if different): 29th August 2008
6. Date on which issuer notified: 8th September 2008
7. Threshold(s) that is/are crossed or reached: Total Holding Above 5%
8. Notified Details: A: Voting rights attached to shares: Class/type of shares Ordinary Shares of 25p
Situation previous to the triggering transaction:
|
Holder |
Number of Shares |
Number of Voting Rights |
|
North Atlantic Value LLP |
1,328,500 |
1,328,500 |
|
Oryx International Growth Fund Limited |
2,250,000 |
2,250,000 |
Resulting situation after the triggering transaction:
|
Holder |
Number of Shares |
Number of Voting Rights |
Percentage of Voting Rights |
|
North Atlantic Value LLP |
1,798,500 |
1,798,500 |
2.49% |
|
Oryx International Growth Fund Limited |
2,250,000 |
2,250,000 |
3.12% |
|
Total |
4,048,500 |
4,048,500 |
5.61% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting: Not applicable
10. Name of proxy holder: Not applicable
11. Number of voting rights proxy holder will cease to hold: Not applicable
12. Date on which proxy holder will cease to hold voting rights: Not applicable
13. Additional information: North Atlantic Value LLP is the investment manager/adviser in respect of the full holding of 5.61% as it is investment manager/adviser to holders 1 and 2.
14. Contact name and Telephone Number: Bonita Guntrip (North Atlantic Value LLP) 020 7747 5681 Michael Lavender (AssetCo plc) 020 8515 3801
Related Shares:
Assetco