Holding(s) in Company

 

TIDMSGL 
 
RNS Number : 7454S 
Summit Germany Limited 
22 May 2009 
 
 
 
 
 
+-----------------------------------------------------------------------------+ 
| TR-1: Notifications of Major Interests in Shares                            | 
+-----------------------------------------------------------------------------+ 
 
 
+-----------------------------------------------+------------------------------+ 
| 1. Identity of the issuer or the underlying   | Summit Germany Limited       | 
| issuer of existing shares to which voting     |                              | 
| rights are attached:                          |                              | 
+-----------------------------------------------+------------------------------+ 
 
 
+-------------------------------------------------------------------+----------+ 
| 2. Reason for notification (yes/no)                                          | 
+------------------------------------------------------------------------------+ 
| An acquisition or disposal of voting rights                       | Disposal | 
+-------------------------------------------------------------------+----------+ 
| An acquisition or disposal of financial instruments which may     |          | 
| result in the acquisition of shares already issued to which       |          | 
| voting rights are attached                                        |          | 
+-------------------------------------------------------------------+----------+ 
| An event changing the breakdown of voting rights                  |          | 
+-------------------------------------------------------------------+----------+ 
| Other (please specify):______________                             |          | 
+-------------------------------------------------------------------+----------+ 
 
 
+----------------------------------------+-------------------------------------+ 
| 3. Full name of person(s) subject to   | Beneficial Owner                    | 
| notification obligation:               | 1. AVI Focused European Fund        | 
|                                        | 2.The European Asset Value Fund     | 
|                                        | 3.Segregated Accounts               | 
|                                        |                                     | 
+----------------------------------------+-------------------------------------+ 
| 4. Full name of shareholder(s) (if     | 1. Chase Nominees                   | 
| different from 3):                     | 2. Pictet Nominees                  | 
|                                        | 3. Mellon Nominees                  | 
|                                        |                                     | 
+----------------------------------------+-------------------------------------+ 
| 5. Date of transaction (and date on    | 20 May 2009                         | 
| which the threshold is crossed or      |                                     | 
| reached if different):                 |                                     | 
+----------------------------------------+-------------------------------------+ 
| 6. Date on which issuer notified:      | 21 May 2009                         | 
+----------------------------------------+-------------------------------------+ 
| 7. Threshold(s) that is/are crossed or | 8%, 7%, 6%, 5%, 4%, 3%              | 
| reached:                               |                                     | 
+----------------------------------------+-------------------------------------+ 
 
 
 
 
+--------------+------------+------------+----------+----------+----------+----------+----------+ 
| 8: Notified Details                                                                           | 
+-----------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                           | 
|                                                                                               | 
+-----------------------------------------------------------------------------------------------+ 
| Class/type   | Situation previous      | Resulting situation after the triggering transaction | 
| of shares    | to the triggering       |                                                      | 
| If           | transaction             |                                                      | 
| possible     |                         |                                                      | 
| use ISIN     |                         |                                                      | 
| code         |                         |                                                      | 
+              +-------------------------+------------------------------------------------------+ 
|              | Number     | Number     | Number   | Number of voting    | Percentage of       | 
|              | of         | of         | of       | rights              | voting rights       | 
|              | shares     | voting     | shares   |                     |                     | 
|              |            | rights     |          |                     |                     | 
+              +            +            +          +---------------------+---------------------+ 
|              |            |            |          | Direct   | Indirect | Direct   | Indirect | 
+--------------+------------+------------+----------+----------+----------+----------+----------+ 
| Ordinary     | 23,974,247 | 23,974,247 | 0        | 0        | 0        | 0        | 0        | 
| Shares       |            |            |          |          |          |          |          | 
| GB00B126Y552 |            |            |          |          |          |          |          | 
+--------------+------------+------------+----------+----------+----------+----------+----------+ 
 
 
 
 
 
 
+---------------+---------------+---------------+----------------------+---------------+ 
| B: Financial Instruments                                                             | 
|                                                                                      | 
+--------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                 | 
|                                                                                      | 
+--------------------------------------------------------------------------------------+ 
| Type of       | Expiration    | Exercise/     | No. of voting        | Percentage of | 
| financial     | date          | conversion    | rights that          | voting rights | 
| instrument    |               | period/date   | may be               |               | 
|               |               |               | acquired (if         |               | 
|               |               |               | the                  |               | 
|               |               |               | instrument           |               | 
|               |               |               | exercised/converted) |               | 
+---------------+---------------+---------------+----------------------+---------------+ 
| N/A           |               |               |                      |               | 
+---------------+---------------+---------------+----------------------+---------------+ 
 
 
 
 
+--------------------------------------+--------------------------------------+ 
| Total (A+B)                                                                 | 
|                                                                             | 
+-----------------------------------------------------------------------------+ 
| Number of voting rights              | Percentage of voting rights          | 
+--------------------------------------+--------------------------------------+ 
| 0                                    | 0                                    | 
+--------------------------------------+--------------------------------------+ 
 
 
 
 
 
 
+-----------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and /or | 
| the financial instruments are effectively held, if applicable:              | 
+-----------------------------------------------------------------------------+ 
| JPMorgan Chase Nominees acts as custodian for AVI Focused European Fund     | 
| Pictet Nominees acts as custodian for The European Asset Value Fund         | 
| Mellon Nominees acts as custodian for all segregated accounts               | 
+-----------------------------------------------------------------------------+ 
 
 
+--------------------------------------+--------------------------------------+ 
| Proxy Voting:                                                               | 
|                                                                             | 
+-----------------------------------------------------------------------------+ 
| 10. Name of 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:          | Asset Value Investors acts as         | 
|                                      | discretionary manager for all funds   | 
|                                      | mentioned in 3.                       | 
+--------------------------------------+---------------------------------------+ 
| 14 Contact name:                     | Asset Value Investors Limited         | 
|                                      | Daniel Sadler                         | 
+--------------------------------------+---------------------------------------+ 
| 15. Contact telephone number:        | 0207 647 2919                         | 
|                                      |                                       | 
+--------------------------------------+---------------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLEALSAASDNEFE