RNS Number : 8406Y
  Ambrian Capital PLC
  10 July 2008
   

    Form TR-1 with annex. FSA Version 2.1 updated April 2007

 For filings with the FSA include the annex
 For filings with issuer exclude the annex 

 TR-1: Notifications of Major Interests in Shares

                                                       Ambrian Capital Plc
 1. Identity of the issuer or the underlying issuer    Ord 10p
 of existing shares to which voting rights are
 attached:

 2. Reason for notification (yes/no)
                                                                             Yes
 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):______________
                                 Artemis Investment Management Ltd
 3. Full name of person(s)
 subject to notification
 obligation:
                                                          Artemis UK Special Situations
 4. Full name of shareholder(s)
 (if different from 3):
                                 3rd June 2008
 5. Date of transaction (and
 date on which the threshold is
 crossed or reached if
 different):
                                 10th July 2008
 6. Date on which issuer
 notified:
                                 6%
 7. Threshold(s) that is/are
 crossed or reached:



    
 8: Notified Details
 A: Voting rights attached to shares 
 Class/type of sharesIf                Situation previous to the triggering                 Resulting situation after the triggering
transaction
 possible use ISIN code                                         transaction
                                     Number of shares      Number of voting  Number of shares   Number of voting rights     Percentage of
voting
                                                                     rights                                                              
rights
                                                                                                  Direct       Indirect        Direct  
Indirect
 GB0003763140                               6,741,445             6,741,445         6,491,445  6,491,445                        5.85%       
   




 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)




 Total (A+B)

 Number of voting rights  Percentage of voting rights
 6,491,445                5.85%


    
 



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


 Proxy Voting:

 10. Name of proxy holder:                                         
                                                                   
 11. Number of voting rights proxy holder will cease to hold:      
                                                                   
 12. Date on which proxy holder will cease to hold voting rights:  
                                                                   

 13. Additional information:

 14 Contact name:             Alistair Fleming

 15. Contact telephone name:  0131 718 0411


    For notes on how to complete form TR-1 please see the FSA website.   
    Note: Annex should only be submitted to the FSA not the issuer

 Annex: Notification of major interests in shares


 A: Identity of the persons or legal entity subject to the notification obligation
 Full name                                                            Artemis Investment Management Ltd
 (including legal form of legal entities)

 Contact address                                                                     42 Melville Street
 (registered office for legal entities)                                              Edinburgh, EH3 7HA

 Phone number & email                                                 0131 718 0411

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



 B: Identity of the notifier, if applicable
 Full name                                                                          
                                                                                    
 Contact address                                                                    
                                                                                    
 Phone number & email                                                               
                                                                                    
 Other useful information                                                           
                                                                                    
                                                                                    
 (e.g. functional relationship with the person or legal entity subject to the       
 notification obligation)                                                           

 C: Additional information



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