News Releases
News releases 2009
17 June 2009
Holding(s) in Company
| TR-1: Notifications of Major Interests in Shares |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii |
Hanson Westhouse Holdings plc (formerly SovGEM Limited) | |||
| 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 voting rights are attached | ||||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
| An event changing the breakdown of voting rights | X | |||
| Other (please specify): | Reverse takeover | X | ||
| 3. Full name of person(s) subject to the notification obligation: iii |
Hargreave Hale Limited | |||
| 4. Full name of shareholder(s) (if different from 3.):iv |
Discretionary clients | |||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v |
16 June 2009 | |||
| 6. Date on which issuer notified: | 17 June 2009 | |||
| 7. Threshold(s) that is/are crossed or reached: vi, vii |
5% | |||
| 8. Notified details: | |||||||||||||||||||
| A: Voting rights attached to shares viii, ix | |||||||||||||||||||
| Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction | |||||||||||||||||
| Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights x | |||||||||||||||
| Direct | Indirect | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||||
| JE00B4N02Q47 | 1,270,000 | 1,270,000 | 160,000 | 160,000 | 1.396% | ||||||||||||||
| B: Qualifying Financial Instruments | |||||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||||
| Type of financial instrument |
Expiration date xiii |
Exercise/ Conversion Period xiv |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||||
| Type of financial instrument |
Exercise price | Expiration date xvii | Exercise/ Conversion period xviii |
Number of voting rights instrument refers to |
% of voting rights xix, xx |
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| Nominal | Delta | ||||||||||||||||||
| Total (A+B+C) | |||||||||||||||||||
| Number of voting rights | Percentage of voting rights | ||||||||||||||||||
| 160,000 | 1.396% | ||||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
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150,000 of these shares are for unit trusts operated by Marlborough Fund Managers Ltd for who Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis. |
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| 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: | The number of shares shown as previous to the triggering transaction is the pre-consolidation holding | |
| 14. Contact name: | David Clueit | |
| 15. Contact telephone number: | 01253 754 739 | |