Holding(s) in Company
14/01/2011 1:06pm
UK Regulatory
TIDMCASA
CASTLE ASIA ALTERNATIVE PCC LIMITED
(Registered in Guernsey - Number 43789)
Registered Office:
Martello Court, Admiral Park, St Peter Port, Guernsey, GY1 3HB
Telephone: +44 1481 211 000
Facsimile: +44 1481 211 001
Email: fundscosec@intertrustgroup.com
For Immediate Release
CASTLE ASIA ALTERNATIVE PCC LIMITED - STERLING CLASS, A CELL OF CASTLE ASIA
ALTERNATIVE PCC LIMITED
(a closed-ended protected cell company incorporated in Guernsey)
TR-1 NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:
STERLING CLASS - A CELL OF CASTLE ASIA ALTERNATIVE PCC LIMITED
2. Reason for the Notification State YES or NO
An acquisition or disposal of voting YES
rights:
An acquisition or disposal of financial NO
instruments which may result in the
acquisition of shares already issued to
which voting rights are attached:
An event changing the breakdown of voting NO
rights:
Other (please specify): NO
3. Full name of person(s) subject to the Overseas Asset Management
notification obligation: (Cayman) Ltd
4. Full name of shareholder(s) (if different OAM Asian Recovery Fund
from 3 above): and RBC Dominion
Securities
5. Date of the transaction (and date on which 11 January 2011
the threshold is crossed or reached if
different):
6. Date on which issuer notified: 11 January 2011
7. Threshold(s) that is/are crossed or Below 5%
reached:
8. Notified details:
A: Voting Rights attached to Shares
Class/type Situation previous Resulting situation after the triggering
of shares if to the triggering transaction
possible transaction
using the
ISIN CODE
Number of Number of Number of Number of Voting % of Voting
Shares Voting Shares Rights Rights
Rights
Direct Indirect Direct Indirect
GB00B0MSVZ38 2,850,000 2,850,000 1,950,000 4.05%
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Date Exercise/ Number of % of Voting
Financial Conversion Voting Rights Rights
Instrument Period/Date that may be
acquired if the
instrument is
exercised/
converted
C. Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Resulting situation after the triggering transaction
Type of Exercise Expiration Execise/ Number of Voting % of Voting
Financial Price Date rights Rights
Converstion instrument
Instrument Period refers to
Nominal Delta
TOTAL (A + B+C)
Number of Voting Rights % of Voting Rights
1,950,000 4.05%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
Overseas Asset Management (Cayman) Ltd is the investment manager of OAM Asian
Recovery Fund which holds its shares through Deutsche Bank as custodian and
State Stree as sub-custodian and for Account # 245-01159 at RBC Dominion
Securities who hold the shares in the name of Roy Nominees Ltd. Overseas Asset
Management (Cayman) Ltd has discretion to vote these shares pursuant to
discretionary investment management agreements with its clients. The shares are
held as follows: Indirect - State Street Nominees Limited - 1,850,000; Indirect
- Roy Nominees Ltd - 100,000.
PROXY VOTING
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will N/A
cease to hold:
12. Date on which proxy holder will cease to N/A
hold voting rights:
13. Additional information Overseas Asset Management
(Cayman) Ltd
14. Contact name: Desmond Kinch
15. Contact telephone number: 1 (345) 949 8787
ANNEX NOTIFICATION OF MAJOR INTERESTS IN SHARES
A: Identity of the person or legal entity subject to the notification
obligations
Full Name (including legal form for legal
entities):
Contact Address:
Telephone Number:
Other Useful Information (at least legal
Representative for legal persons):
B: Identity of the notifier, if applicable
Full Name:
Contact Address:
Telephone Number:
Other Useful Information (e.g. functional
relationship with the person or legal entity
subject to the notification obligation):
C: Additional Information
Enquiries:
Intertrust Fund Services (Guernsey) Limited
Company Secretary
Martello Court
Admiral Park
St Peter Port
Guernsey
Telephone: 01481 211000
Facsimile: 01481 211001
END