India Capital Growth Fund Limited Holding(s) in Company (0514C)

TIDMIGC

RNS Number : 0514C

India Capital Growth Fund Limited

10 April 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                     INDIA CAPITAL GROWTH FUND 
  the underlying issuer                                                                             LIMITED 
  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                                               Receipt of new shares as a result 
  specify):                                                  of Placement and also due to an increase 
                                                             in the number of voting shares issued 
                                                             by the Company. 
----------------------------------------------------------  ------------------------------------------- 
 3. Full name of person(s)                                                     LIM Asia Multi-Strategy Fund 
  subject to the                                                                                       Inc. 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------------------- 
 5. Date of the transaction                                                                    3 April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------------------- 
 6. Date on which issuer                                                                      10 April 2017 
  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) 
----------------      -----------    -----------    -------------  ------------  -----------  ------------  ----------- 
 
 
  Ordinary 
  Shares 
  (GB00B0P8RJ60)   6,185,698        6,185,698        5,313,276      5,313,276                  4.72% 
                  ---------------  ---------------  -------------  ------------  -----------  ------------  ----------- 
 
 
 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                  rights 
                        (xiii)         Period (xiv)                    may 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 (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Exercise       Expiration     Exercise/        Number of voting             % of voting 
  instrument          price         date           Conversion        rights instrument            rights (xix, 
                                    (xvii)         period            refers to                    xx) 
                                                   (xviii) 
------------------  -------------  -------------  ---------------  ---------------------------  ----------------------- 
 N/A                 N/A            N/A            N/A              N/A                          Nominal       Delta 
------------------  -------------  -------------  ---------------  ---------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ----------------------------------------------------------------- 
 5,313,276                                             4.72% 
----------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------- 
 LIM Advisors Limited acts as investment manager for 
  LIM Asia Multi-Strategy Fund Inc. LIM Advisors Limited 
  has indirect interest by virtue of the rights over the 
  shares as investment manager of the Fund. 
 
 Proxy Voting: 
--------------------------------------------------------------- 
 10. Name of the proxy holder:             LIM Advisors Limited 
---------------------------------------  ---------------------- 
 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: 
---------------------------------------  ---------------------- 
 
 
  13. Additional information:                               N/A 
---------------------------------------  ---------------------- 
 14. Contact name:                               Karen Gardiner 
---------------------------------------  ---------------------- 
 15. Contact telephone number:                    020 7068 9872 
---------------------------------------  ---------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 10, 2017 05:10 ET (09:10 GMT)