Holding(s) in Company (8332B)

TIDMOCH TIDMBKWB

RNS Number : 8332B

Orchid Developments Group Ltd

24 February 2011

 
 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer or the        ORCHID DEVELOPMENTS GROUP 
  underlying issuer of existing shares    LTD 
  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 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 
-----------------------------------------------------------------  ------ 
 Other (please 
  specify): 
-----------------  ----------------------------------------------  ------ 
 
 
 
 3. Full name of person(s) subject     BROOKWELL LIMITED 
  to the notification obligation: 
------------------------------------  -------------------------- 
 4. Full name of shareholder(s) (if    NORTRUST NOMINESS LIMITED 
  different from 3.): 
------------------------------------  -------------------------- 
 5. Date of the transaction and date   24 FEBRUARY 2011 
  on which the threshold is crossed 
  or reached: 
------------------------------------  -------------------------- 
 6. Date on which issuer notified:     24 FEBRUARY 2011 
------------------------------------  -------------------------- 
 7. Threshold(s) that is/are crossed   >7% 
  or reached: 
------------------------------------  -------------------------- 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------- 
 Class/type 
 of shares if   Situation 
 possible       previous to the 
 using the      triggering          Resulting situation after the triggering 
 ISIN CODE      transaction          transaction 
-------------  ------------------  ----------------------------------------------------- 
                         Number 
                Number    of 
                of        Voting    Number of   Number of voting       % of voting 
                Shares    Rights    shares       rights                rights 
-------------  -------  ---------  ----------  ---------------------  ------------------ 
                                    Direct      Direct      Indirect   Direct   Indirect 
-------------  -------  ---------  ----------  ----------  ---------  -------  --------- 
 ORD SHARES 
  KYG6791P102   0        0          6,565,447   6,565,477              7.42% 
-------------  -------  ---------  ----------  ----------  ---------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------ 
 Type of financial   Expiration   Exercise/     Number of voting   % of voting 
  instrument          date         Conversion   rights that may     rights 
                                   Period       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 
------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------- 
 Type of      Exercise   Expiration   Exercise/    Number of    % of voting 
 financial     price      date        Conversion   voting        rights 
 instrument                           period       rights 
                                                   instrument 
                                                   refers to 
-----------  ---------  -----------  -----------  -----------  ---------------- 
    N/A         N/A         N/A          N/A          N/A       Nominal   Delta 
-----------  ---------  -----------  -----------  -----------  --------  ------ 
                                                                  N/A      N/A 
-----------  ---------  -----------  -----------  -----------  --------  ------ 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 6,585,447                 7.42% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting 
  rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------- 
 N/A 
------------------------------------------------------------- 
 
 
 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: 
------------------------------------  ---- 
 
 
                                  Progressive AIM Realisation 
                                   Limited is Investment Manager 
 13. Additional information:       to Brookwell Limited 
-------------------------------  ------------------------------- 
 14. Contact name:                Russell Scott 
-------------------------------  ------------------------------- 
 15. Contact telephone number:    020 7490 4355 
-------------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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