19th Feb 2013 16:13
CANDOVER INVESTMENTS PLC - Notification of Major Interest in SharesCANDOVER INVESTMENTS PLC - Notification of Major Interest in Shares
PR Newswire
London, February 19
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights XAn acquisition or disposal of qualifying financial instruments which mayresult in the acquisition of shares already issued to which voting rightsare attached
An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments
An event changing the breakdown of voting rightsOther (please specify):3. Full name of person(s) subject to the Ironsides Partners LLCnotification obligation:iii Ironsides Partners Opportunity Master Fund4. Full name of shareholder(s) L.P. (if different from 3.):iv Ironsides Partners Special Situations Master Fund L.P.5. Date of the transaction and date onwhich the threshold is crossed or 13-15 February 2013reached: v6. Date on which issuer notified: 18 February 20137. Threshold(s) that is/are crossed or 8% of outstandingreached: vi, vii ordinary shares8. Notified details:A: Voting rights attached to shares viii, ixClass/ Situation previous Resulting situation after the triggeringtype of to the triggering transactionshares transactionif Number Number Number Number of voting % of votingpossible of of of shares rights rights xusing Shares Votingthe ISIN RightsCODE Indirect Direct Direct xi xii Direct IndirectOrdinary 0 0 0 0 260,000 0 1.19%SharesB: Qualifying Financial InstrumentsResulting situation after the triggering transactionType of Expiration Exercise/ Number of voting % of votingfinancial date xiii Conversion Period rights that may be rightsinstrument xiv acquired if the instrument is exercised/ converted.C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments xv, xvi
Resulting situation after the triggering transactionType of Exercise Expiration Exercise/ Number of % of votingfinancial price date xvii Conversion voting rights rights xix,instrument period xviii instrument xx refers toContracts for April 18, 1,626,001 Nominal DeltaDifference N/A 2017-September N/A 20, 2012 7.47% 7.47%Total (A+B+C)Number of voting rights Percentage of voting rights1,886,001 8.66%9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi
Ironsides Partners LLC, a U.S. registered investment advisor, is an indirectholder of the shares and is entitled to exercise the above voting rights andthe rights pursuant the contracts for difference because Ironsides Partners LLCis the discretionary investment manager of Ironsides Partners OpportunityMaster Fund L.P. and the Ironsides Partners Special Situations Master Fund L.P.(the "Shareholders").
The Shareholders are the direct holders of the above shares and/or parties tothe contracts for difference.Proxy Voting:10. Name of the proxy holder:11. Number of voting rights proxy holder will ceaseto hold:12. Date on which proxy holder will cease to holdvoting rights:13. Additional information:14. Contact name: Gustavo Resendiz15. Contact telephone number: (617) 449-3136Related Shares:
CDI.L