Notifications of Major Interests in Shares (2494K)
July 12 2011 - 7:56AM
UK Regulatory
TIDMARP
RNS Number : 2494K
Ashcourt Rowan PLC
12 July 2011
For immediate release:
Ashcourt Rowan Plc
TR-1: Notifications of Major Interests in Shares
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1. Identity of the issuer or the underlying
issuer of existing shares to which voting
rights are attached: Ashcourt Rowan PLC
-------------------------------------------------------------------- -----------------------------
2. Reason for notification (yes/no)
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An acquisition or disposal of voting rights Yes
---------------------------------------------------------------------------------------- ---------
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):______________
---------------------------------------------------------------------------------------- ---------
Kestrel Opportunities, a
3. Full name of person(s) subject cell of Guernsey Portfolios
to notification obligation: PCC Limited
----------------------------------------------------------- --------------------------------------
4. Full name of shareholder(s) (if
different from 3): As in 3 above
----------------------------------------------------------- --------------------------------------
5. Date of transaction (and date on
which the threshold is crossed or
reached if different): 8 July 2011
----------------------------------------------------------- --------------------------------------
6. Date on which issuer notified: 12 July 2011
----------------------------------------------------------- --------------------------------------
7. Threshold(s) that is/are crossed
or reached: Above 5%
----------------------------------------------------------- --------------------------------------
8: Notified Details
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A: Voting rights attached to shares
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Class/type
of shares
If possible Situation previous
use ISIN to the triggering Resulting situation after the triggering
code transaction transaction
------------ ------------------------ -----------------------------------------------------------
Number Percentage
Number of voting Number Number of voting of voting
of shares rights of shares rights rights
------------ ----------- ----------- ------------ ------------------------- ------------------
Direct Indirect Direct Indirect
------------ ----------- ----------- ------------ -------------- --------- ------- ---------
Ordinary
Shares 86,700,000 86,700,000 102,700,000 102,700,000 Nil 5.62% Nil
------------ ----------- ----------- ------------ -------------- --------- ------- ---------
B: Financial Instruments
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Resulting situation after the triggering transaction
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Type of Expiration Exercise/ No. of voting rights Percentage
financial date conversion that may be acquired of voting
instrument period/date (if the instrument rights
exercised/converted)
-------------- ----------- ------------- --------------------- -----------
Total (A+B)
------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------ ----------------------------
102,700,000 5.62%
------------------------ ----------------------------
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:
-----------------------------------
Notification using the total
13. Additional information: voting rights figure of 1,827,781,960
------------------------------- ---------------------------------------
14 Contact name: Oliver Scott (Kestrel Partners)
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15. Contact telephone number: 0203 371 6100
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This information is provided by RNS
The company news service from the London Stock Exchange
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