Holding(s) in Company

 
TIDMKGR 
 
KGR ABSOLUTE RETURN PCC LIMITED 
(Registered in Guernsey - Number 43789) 
 
Registered Office: 
 
Martello Court, Admiral Park, St Peter Port, Guernsey, GY1 3HB 
 
Telephone: [phone] 
Facsimile: [phone] 
Email: [e-mail] 
 
For Immediate Release 
 
KGR ABSOLUTE RETURN PCC LIMITED - KGR ASIA DYNAMIC 1 (GBP) 
 
(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: 
 
KGR ABSOLUTE RETURN PCC ASIA DYNAMIC 
 
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       Midas Capital plc 
          notification obligation: 
 
4.        Full name of shareholder(s) (if different   See section 9 below 
          from 3 above): 
 
5.        Date of the transaction (and date on which  15 May 2009 
          the threshold is crossed or reached if 
          different): 
 
6.        Date on which issuer notified:              19 May 2009 
 
7.        Threshold(s) that is/are crossed or         Was 10.93%, Now 11.18% 
          reached: 
 
8.        Notified details: 
 
A: Voting Rights attached to Shares 
 
Class/type of  Situation previous    Resulting situation after the triggering 
  shares if     to the triggering                   transaction 
possible using     transaction 
the ISIN CODE 
 
               Number of Number of Number of Number of Voting     % of Voting 
                Shares    Voting    Shares        Rights            Rights 
                          Rights 
 
                                   Direct    Direct  Indirect  Direct   Indirect 
 
GMB00B0MSVZ38  6,520,000 6,520,000 6,670,000 N/A     6,670,000 N/A      11.18% 
 
 
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 
 
N/A             N/A             N/A             N/A             N/A 
 
TOTAL (A + B) 
 
Number of Voting Rights                 % of Voting Rights 
 
6,670,000                               11.18% 
 
9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: 
 
CF Midas Growth Fund Bank of New York Nominees Ltd A/C 392512 3,600,000 
 
Segregated Account Bank of New York Nominees Ltd A/C 318901 420,000 
 
Segregated Account Bank of New York Nominees Ltd A/C 111359 350,000 
 
CF iimia Growth Fund HSBC Global Custody Nom (UK) Ltd A/C 949182 755,000 
 
iimia Investment Trust Bank of New York Nominees Ltd A/C 178055 1,120,000 
 
CF iimia Accelerated Fund Bank of New York Nominees Ltd A/C 391998 425,000 
 
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                      Midas Capital Partners 
                                                      Limited, 
 
                                                      Miton Asset Management 
                                                      Ltd and iimia plc are all 
                                                      subsidiaries of Midas 
                                                      Capital plc 
 
14.       Contact name:                               John Bradley 
 
15.       Contact telephone number:                   0151 906 2462 
 
 
Enquiries: 
 
Fortis Fund Services (Guernsey) Limited 
Company Secretary 
Martello Court 
Admiral Park 
St Peter Port 
Guernsey 
 
Telephone: [phone] 
Facsimile: 01481 751001 
 
 
 
END