Holding(s) in Company (4050C)

TIDMEBP

RNS Number : 4050C

East Balkan Properties PLC

30 April 2012

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                East Balkan Properties PLC 
  issuer 
  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                                     yes 
-----------------------------------------------------------------------------  ------- 
 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                        Utilico Emerging Markets Ltd 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                                     27 April 2012 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                       30 April 2012 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                       24, 25, 26% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                   Resulting situation after the triggering 
 of              to the triggering                    transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  -----------------------------------  ----------------------------------------------------------------------- 
                Number           Number              Number         Number of voting          % of voting rights 
                 of               of                  of shares      rights                    (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ------------------  -------------  ------------------------  ------------------------------ 
                                                     Direct         Direct         Indirect   Direct           Indirect 
                                                                     (xi)           (xii) 
-------------    ----  -------  ------  -----  ---  -------------  -------------  ---------  ---------------  ------------- 
 GB00BOQB4K42 
  EURO0.01      32,360,483       32,360,483          37,360,483     37,360,483                26.69% 
               ---------------  ------------------  -------------  -------------  ---------  ---------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration       Exercise/                       Number of voting                % of voting 
  instrument             date (xiii)      Conversion Period               rights that may                 rights 
                                          (xiv)                           be 
                                                                          acquired if the 
                                                                          instrument is 
                                                                          exercised/ converted. 
---------------------  ---------------  ------------------------------  ------------------------------  ------------------- 
 
 
 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 rights 
 financial         price          date (xvii)    Conversion          rights instrument              (xix, xx) 
 instrument                                      period              refers to 
                                                 (xviii) 
---------------  -------------  -------------  ------------------  -----------------------------  ------------------------- 
                                                                                                   Nominal        Delta 
---------------  -------------  -------------  ------------------  -----------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ---------------------------------------------------------- 
 37,360,483                                                       26.69% 
---------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------------- 
                                                                Utilico Emerging Markets 
                                                                                     Ltd 
                                                                              % of total 
                                                                 No. of voting    voting 
              Client                       rights          rights      Registration name 
                                                                Utilico Emerging Markets 
          Ltd                        37,360,483      26.69%       Chase Nominees Limited 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                  Utilico Emerging Markets 
                                                                                     Ltd 
---------------------------------------------------------  ----------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
---------------------------------------------------------  ----------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
---------------------------------------------------------  ----------------------------- 
 
                                                       Calculation based on Total Voting 
  13. Additional information:                               Rights figure of 140,000,000 
 
                                                  Mr Charles Jillings, who is a director 
                                                       of East Balkan Properties plc, is 
                                                      a member of the Investment Team of 
                                                      ICM Limited, which manages Utilico 
                                                                   Emerging Markets Ltd. 
--------------------------------------------  ------------------------------------------ 
 14. Contact name:                             Michael Bassi, F&C Management Ltd 
                                                (Administrator to Utilico Emerging 
                                                Markets Ltd) 
--------------------------------------------  ------------------------------------------ 
 15. Contact telephone number:                 0131 718 1093 
--------------------------------------------  ------------------------------------------ 
 
 

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The company news service from the London Stock Exchange

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