Holding(s) in Company
February 12 2007 - 8:13AM
UK Regulatory
RNS Number:1061R
Teesland Plc
12 February 2007
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing Teesland Plc
shares to which voting rights are attached:
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 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):___________________________________________
3. Full name of person(s) subject to the notification Polygon Global Opportunities Master Fund
obligation: Polygon Investment Partners LP
Polygon Investment Partners LLP
Polygon Investment Partners HK Limited
Polygon Investments Limited
4. Full name of shareholder(s) (if different from 3.): Morstan Nominees Limited
5. Date of the transaction (and date on which the threshold is 8 February 2007
crossed or reached if different):
6. Date on which issuer notified: 9 February 2007
7. Threshold(s) that is/are crossed or reached: 26%
8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous to Resulting situation after the triggering transaction
shares the Triggering
transaction
if possible Number of Number of Number of Number of voting rights % of voting rights
using the ISIN Shares Voting shares
CODE Rights Direct Direct Indirect Direct Indirect
Ordinary 1p 31,542,623 31,542,623 33,433,513 33,433,513 n/a 26.61%
ISIN
GB0031695223
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration date Exercise/ Conversion Number of voting rights % of voting
instrument Period/ Date that may be acquired if rights
the instrument is
exercised/ converted.
Total (A+B)
Number of voting rights % of voting rights
33,433,513 26.61%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable:
Polygon Investment Partners LLP, Polygon Investment Partners LP and Polygon Investment Partners HK Limited (the
"Investment Managers") and Polygon Investments Ltd. (the "Manager") share voting power of the securities held by Polygon
Global Opportunities Master Fund. The Investment Managers are wholly-owned subsidiaries of the Manager.
Proxy Voting:
10. Name of the 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: Sean Cote
15. Contact telephone number: 0207 901 8330
This information is provided by RNS
The company news service from the London Stock Exchange
END
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