Holding(s) in Company

 

TIDMSOV 
 
RNS Number : 2835Q 
SovGEM Limited 
07 April 2009 
 

 
 
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| Press release                           |                          7 April 2009 | 
+-----------------------------------------+---------------------------------------+ 
 
 
SovGEM Limited 
 
 
("SovGEM" or "the Company") 
 
 
 
 
Notification of Interest 
 
 
 
 
The Company was informed on 6 April 2009 that Threadneedle Emerging Debt 
Crescendo Fund ("the Threadneedle Fund") holds 1,519,961 ordinary shares in the 
Company, representing 6.67% of the Company's issued ordinary share capital and 
that Ameriprise Financial, Inc and its group (of which Threadneedle Asset 
Management Holdings Limited is the ultimate intermediate holding company in the 
UK) no longer has any beneficial interest in the Company's issued share capital. 
This change is as a result of the transfer of the ultimate beneficial ownership 
of the Threadneedle Fund's manager from Threadneedle Investments Ltd to Adelante 
Asset Management Ltd. 
 
 
- Ends - 
 
 
For further information: 
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| SovGEM Limited                                  |                              | 
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| Hugh de Lusignan, Chief Executive Officer       |   Tel: [phone]  | 
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| [e-mail]                  |               www.sovgem.com | 
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NOMAD 
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| Smith & Williamson Corporate Finance Limited    |                              | 
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| Azhic Basirov/Joanne Royden-Turner              |    Tel: [phone] | 
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| [e-mail]              |   www.smith.williamson.co.uk | 
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Broker 
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| Hanson Westhouse Limited                        |                              | 
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| Tim Metcalfe / Martin Davison                   |     Tel: [phone] | 
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| [e-mail]                |      www.hansonwesthouse.com | 
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Media enquiries: 
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| Abchurch Communications Limited                 |                              | 
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| Charlie Jack / Jack Ballantyne                  |    Tel: [phone] | 
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| [e-mail]              |      www.abchurch-group.com  | 
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Notes to Editors 
 
 
SovGEM Limited is an emerging market finance house incorporated in Jersey. Its 
geographic investment focus includes China and other emerging markets.  SovGEM 
joined AIM in November 2004 (AIM: SOV). 
 
 
The Company invests in high-growth companies, the majority of which are already 
profitable. SovGEM has an extensive network of professional advisors and 
associates giving the Company access to the small cap Chinese and other emerging 
markets. The Company aims to realise profits by investing in these companies as 
they undertake a major step change either through pre-IPO, listing or evolving 
to a more senior financial market. These investments may comprise straight 
equity or debt instruments with an equity conversion scheme. 
 
 
Further information can be found at www.sovgem.com 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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