Holding(s) in Company

 

TIDMLEO 
 
RNS Number : 7238F 
Leo Insurance Services PLC 
18 January 2010 
 

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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                               | 
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+-------------------------------------------+-----------------------------------+ 
| 1. Identity of the issuer or the          | Leo Insurance Services plc        | 
| underlying issuer of existing shares to   |                                   | 
| which voting rights are attached:         |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
 
+----------------------------------------------------------+--------------------+ 
| 2 Reason for the notification (please tick the appropriate box or boxes):     | 
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| 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):                                  |                    | 
+----------------------------------------------------------+--------------------+ 
 
 
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| 3. Full name of person(s) subject to the  | Pershing Nominees Limited A/C     | 
| notification obligation:                  | MDCLT                             | 
+-------------------------------------------+-----------------------------------+ 
| 4. Full name of shareholder(s) (if        | Funds under the discretionary     | 
| different from 3.):                       | management of Midas Investment    | 
|                                           | Management Ltd                    | 
+-------------------------------------------+-----------------------------------+ 
| 5. Date of the transaction and date on    | 15 January 2010                   | 
| which the threshold is crossed or         |                                   | 
| reached:                                  |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 6. Date on which issuer notified:         | 15 January 2010                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 7. Threshold(s) that is/are crossed or    | under 13 per cent.                | 
| reached:                                  |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
 
+--------------+--------------+-----------+--------------+----------------+----------+------------+----------+ 
| 8. Notified details:                                                                                       | 
+------------------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                                        | 
|                                                                                                            | 
+------------------------------------------------------------------------------------------------------------+ 
| 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           | 
|              | of           | of        | of           | rights                    | rights                | 
|              | Shares       | Voting    | shares       |                           |                       | 
|              |              | Rights    |              |                           |                       | 
+              +              +           +--------------+---------------------------+-----------------------+ 
|              |              |           | Indirect     | Direct         | Indirect | Direct     | Indirect | 
+--------------+--------------+-----------+--------------+----------------+----------+------------+----------+ 
| GB00B0NN1H9  | 1,002,476    | 1,002,476 |  902,476     | 902,476        |          | 12.59%     |          | 
+--------------+--------------+-----------+--------------+----------------+----------+------------+----------+ 
 
 
+----------------+------------+-----------------+------------------+--------------+ 
| B: Qualifying Financial Instruments                                             | 
+---------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                            | 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
| Type of        | Expiration | Exercise/       | Number of voting | % of voting  | 
| financial      | date       | Conversion      | rights that may  | rights       | 
| instrument     |            | Period          | 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 | Exercise/  | Number of      | % of voting             | 
| financial     |          |            | Conversion | voting         | rights                  | 
| instrument    | price    | date       |            | rights         |                         | 
|               |          |            | period     | instrument     |                         | 
|               |          |            |            | refers to      |                         | 
+---------------+----------+------------+------------+----------------+-------------------------+ 
|               |          |            |            |                |    Nominal    |  Delta  | 
|               |          |            |            |                |               |         | 
+               +          +            +            +                +---------------+---------+ 
|               |          |            |            |                |               |         | 
+---------------+----------+------------+------------+----------------+---------------+---------+ 
 
 
+--------------------------------------+----------------------------------------+ 
| Total (A+B+C)                                                                 | 
|                                                                               | 
+-------------------------------------------------------------------------------+ 
| Number of voting rights              | Percentage of voting rights            | 
+--------------------------------------+----------------------------------------+ 
| 902,476                              | 12.59 per cent.                        | 
+--------------------------------------+----------------------------------------+ 
 
 
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| 9. Chain of controlled undertakings through which the voting rights and/or   | 
| the                                                                          | 
| financial instruments are effectively held, if applicable:                   | 
|                                                                              | 
+------------------------------------------------------------------------------+ 
|                                                                              | 
+------------------------------------------------------------------------------+ 
 
 
+-------------------------------------------+-----------------------------------+ 
| Proxy Voting:                                                                 | 
|                                                                               | 
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| 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:                    |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 13. Additional information:               |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 14. Contact name:                         | David Rodrigues                   | 
+-------------------------------------------+-----------------------------------+ 
| 15. Contact telephone number:             | 00 44 161 242 2895                | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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