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TR-1: Notification of Major Interest in Shares

24th May 2013 09:50

CANDOVER INVESTMENTS PLC - TR-1: Notification of Major Interest in Shares

CANDOVER INVESTMENTS PLC - TR-1: Notification of Major Interest in Shares

PR Newswire

London, May 24

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer Candover Investmentsof existing shares to which voting rights are

PLCattached:ii

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights X An acquisition or disposal of qualifying financial instruments which

may result in the acquisition of shares already issued to which votingrights are attached

An acquisition or disposal of instruments with similar economic effectto qualifying financial instruments

An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the Ironsides Partners LLCnotification obligation:iii Ironsides Partners Opportunity Master4. Full name of shareholder(s) Fund 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 21-22 May 2013reached: v 6. Date on which issuer notified: 23 May 2013 7. Threshold(s) that is/are crossed or 13% of outstandingreached: vi, vii ordinary shares 8. Notified details: A: Voting rights attached to shares viii, ix Class/type Situation previous Resulting situation after the triggeringof to the triggering transactionshares transaction Number Number Number Number of voting % of votingif of of of rights rights xpossible Shares Voting sharesusing Rightsthe ISIN Direct Direct xi Indirect Direct IndirectCODE xii Ordinary 675,772 675,772 1,260,272 5.79%Shares B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting rights that % offinancial date xiii Conversion Period may be acquired if the votinginstrument xiv instrument is exercised/ rights converted.

C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments xv, xvi

Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting % of votingfinancial price date xvii Conversion rights rights xix, xxinstrument period xviii instrument refers to Contracts October 18, Nominal Deltafor N/A 2013-DecemberDifference 22, 2022 1,626,001 7.47% 7.47% Total (A+B+C) Number of voting rights Percentage of voting rights 2,886,273 13.26%

A: Identity of the persons or legal entity subject to the notificationobligation

Full name (including legal form of legal entities) Ironsides Partners LLC Contact address c/o Corporation Service Company

(registered office for legal entities) 2711 Centerville Road, Suite 400

County of New Castle, Wilmington, DE 19808 U.S.A. Phone number & email 617-449-3136 [email protected] Other useful information Gustavo Resendiz (at least legal representative for legal Ironsides Partners LLCpersons) 100 Summer Street, Suite 2705, Boston, MA 02110, U.S.A. B: Identity of the notifier, if applicable Full name As above Contact address Phone number & email Other useful information (e.g. functional relationship with the personor legal entity subject to the notificationobligation) C: Additional information

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