GCP Asset Backed Income Fund Ltd Holding(s) in Company (7620O)

TIDMGABI

RNS Number : 7620O

GCP Asset Backed Income Fund Ltd

09 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the                                 GCP ASSET BACKED INCOME FUND LTD 
  underlying issuer                                                                        ORD NPV 
  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                                     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)                                          Close Asset Management Limited 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                                               08/11/16 
  and date on which the threshold 
  is crossed or reached: (v) 
-----------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                                                  09/11/16 
  notified: 
-----------------------------------------------------------  ------------------------------------- 
 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     Situation previous                Resulting situation after the 
  of             to the triggering                 triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------  --------------------------------------------------------------------- 
                Number           Number           Number          Number of                   % of voting 
                 of               of               of shares       voting                      rights (x) 
                 Shares           Voting                           rights 
                                  Rights 
-------------  ---------------  ---------------  --------------  --------------------------  ------------------------- 
                                                  Direct          Direct        Indirect      Direct        Indirect 
                                                                   (xi)          (xii) 
-------------      -----------    -----------    --------------  ------------  ------------  ------------  ----------- 
 JE00BYXX8B08   6,669,381        6,669,381        7,867,139       7,867,139                   5.26% 
               ---------------  ---------------  --------------  ------------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                        Number of voting              % of voting 
 financial           date           Conversion                       rights that                   rights 
 instrument          (xiii)         Period (xiv)                     may 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 
 financial         price         date           Conversion         rights instrument             rights (xix, 
 instrument                      (xvii)         period             refers to                     xx) 
                                                (xviii) 
---------------  -------------  -------------  ----------------  ----------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  -------------  -------------  ----------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 7,867,139                                          5.26% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------------------- 
 
   Close Asset Management Limited 
 
 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: 
-------------------------------------------------------------  ----------------------------------- 
 
                                                                On 8(th) November 2016, Close 
  13. Additional information:                                   Brothers Asset Management 
                                                                purchased 1,197,758 shares 
                                                                in GCP Asset Baked Income 
                                                                Fund Ltd Ord NPV. This brought 
                                                                our shareholding to 7,867,139 
                                                                and 5.26% of the shares in 
                                                                issue. 
 
                                                                This is based on the shares 
                                                                in issue figure of 149,647,349 
                                                                as at 8(th) November 2016. 
 
                                                                This is the required notification 
                                                                that the holding has crossed 
                                                                5% of the shares in issue. 
-------------------------------------------------------------  ----------------------------------- 
 14. Contact name:                                                                   Ciara Elliott 
-------------------------------------------------------------  ----------------------------------- 
 15. Contact telephone number:                                                       020 7426 4124 
-------------------------------------------------------------  ----------------------------------- 
 
 

HOLUKVSRNKAARAA

(END) Dow Jones Newswires

November 09, 2016 10:04 ET (15:04 GMT)