24th Jul 2008 12:04
24 July 2008
LONRHO PLC
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Lonrho 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: placement by Lonrho Plc of 42,720,208 shares on July 18 2008 ( X )
Other (please specify): ( )
……………..
3. Full name of person(s) subject to the notification obligation:
Ospraie Management LLC
4. Full name of shareholder(s) (if different from 3.):
See section 9 below
5. Date of the transaction (and date on which the threshold is crossed or reached if
different):
18 July 2008
6. Date on which issuer notified:
23 July 2008
7. Threshold(s) that is/are crossed or reached:
6.00% (Ospraie Management, LLC)
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 |
|
|
|
Number of shares |
Number of voting Rights |
|
GB0002568813 |
22,824,511 *as of previous filing on 7/5/2008 |
6.03% *as of previous filing on 7/5/2008 |
Resulting situation after the triggering transaction
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
Direct |
Direct |
Indirect |
Direct |
Indirect |
|
GB0002568813 |
n/a |
n/a |
22,824,511 (Ospraie Management LLC) |
n/a |
5.41% (Ospraie Management LLC) |
B: Financial Instruments
Resulting situation after the triggering transaction
|
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 |
|
22,824,511 |
5.41% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
IN THE NARRATIVE BELOW, THE FIGURES IN BRACKETS INDICATE THE AMOUNT OF VOTING RIGHTS AND THE PERCENTAGE HELD BY CONTROLLED UNDERTAKINGS WHERE RELEVANT.
OSPRAIE MANAGEMENT, LLC (22,824,511; 5.41%), A DISCRETIONARY INVESTMENT MANAGER, IS A CONTROLLER OF THE OSPRAIE PORTFOLIO LTD (16,508,375; 3.92%).
OSPRAIE ADVISORS, L.P. ("OSPRAIE ADVISORS"), A DISCRETIONARY INVESTMENT MANAGER, IS A CONTROLLER OF OSPRAIE SPECIAL OPPORTUNITIES MASTER HOLDINGS LTD (6,316,136; 1.50%). OSPRAIE ADVISORS, LLC, IN ITS CAPACITY AS GENERAL PARTNER, IS A CONTROLLER OF OSPRAIE ADVISORS. OSPRAIE MANAGEMENT, LLC, IN ITS CAPACITY AS MANAGING MEMBER, IS A CONTROLLER OF OSPRAIE ADVISORS, LLC.
Proxy Voting:
10. Name of the proxy holder:
N/A
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:
THE SHARES REFERRED TO IN SECTION 9 ABOVE ARE HELD IN PORTFOLIOS MANAGED BY THOSE FIRMS ON A DISCRETIONARY BASIS FOR ITS CLIENTS.
14. Contact name:
Jim Hughes
15. Contact telephone number:
+44 (0)20 7016 5105
Related Shares:
Lonrho