TIDMIGR

RNS Number : 6842Z

International Greetings PLC

10 February 2014

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                      International Greetings 
  the underlying issuer                                                      plc 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  ------------------------------ 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
--------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
----------------------------------------------------------------------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------------------------------------- 
 An acquisition or disposal of instruments with                                             X 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------------------------------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------------------------------- 
 Other (please                                              Company Issued New Shares 
  specify): 
---------------------------------------------------------  ------------------------------ 
 3. Full name of person(s)                                    SFM UK Management LLP 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                               Quantum Partners LP 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                   February 7(th) , 2014 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                      February 10(th) , 2014 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are                                  Below 3% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type    Situation previous                    Resulting situation after the 
 of             to the triggering                     triggering transaction 
 shares         transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
------------  ------------------------------------  ------------------------------------------------------------------ 
               Number             Number             Number          Number of                % of voting 
               of                  of                 of shares       voting                   rights (x) 
               Shares              Voting                             rights 
                                   Rights 
------------  -----------------  -----------------  --------------  -----------------------  ------------------------- 
                                                     Direct          Direct     Indirect      Direct        Indirect 
                                                                     (xi)        (xii) 
------------      -------------    -------------    --------------  ---------  ------------  ------------  ----------- 
 N/A           N/A                N/A                N/A             N/A        N/A           N/A           N/A 
              -----------------  -----------------  --------------  ---------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of           Expiration       Exercise/                          Number of voting           % of voting 
 financial          date             Conversion                         rights that                rights 
 instrument         (xiii)           Period (xiv)                       may be 
                                                                        acquired if 
                                                                        the 
                                                                        instrument 
                                                                        is 
                                                                        exercised/ 
                                                                        converted. 
----------------  ---------------  ---------------------------------  -------------------------  --------------------- 
 N/A               N/A              N/A                                N/A                        N/A 
----------------  ---------------  ---------------------------------  -------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of         Exercise         Expiration       Exercise/         Number of voting           % of voting 
 financial        price           date             Conversion         rights instrument          rights (xix, 
 instrument                       (xvii)           period             refers to                  xx) 
                                                   (xviii) 
--------------  ---------------  ---------------  ----------------  -------------------------  ----------------------- 
 Contract        N/A              N/A              N/A                                          Nominal       Delta 
 for 
 Difference 
--------------  ---------------  ---------------  ----------------                             ------------  --------- 
                                                                     N/A                        < 3%          < 3% 
------------      -------------    -------------      ------------  -------------------------  ------------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
 N/A                                                   Below 3% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------- 
 
   This statement relates to a Contract for Difference 
   ("CFD") held for the account of Quantum Partners LP, 
   a Cayman Islands exempted limited partnership ("Quantum 
   Partners"). SFM UK Management LLP, a sub-advisor to 
   Soros Fund Management LLC, serves as investment manager 
   to Quantum Partners and has been granted investment 
   discretion over portfolio investments, including the 
   CFD, held for the account of Quantum Partners. 
 
 Proxy Voting: 
----------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                    N/A 
-------------------------------------------------------  -------------------- 
 11. Number of voting rights proxy                                N/A 
  holder will cease 
  to hold: 
-------------------------------------------------------  -------------------- 
 12. Date on which proxy holder will                              N/A 
  cease to hold 
  voting rights: 
-------------------------------------------------------  -------------------- 
 
                                                          N/A 
  13. Additional information: 
-------------------------------------------------------  -------------------- 
 14. Contact name:                                        Jade Cornell 
                                                           Compliance Officer 
-------------------------------------------------------  -------------------- 
 15. Contact telephone number:                            020 7758 4826 
-------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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