Holding(s) in Company

 
TIDMSVU 
 
For filings with the FSA include the annex 
 
For filings with issuer exclude the annex 
 
 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 
 
 
 
1. Identity of the issuer or the underlying issuer                    SVM UK ACTIVE FUND 
of existing shares to which voting rights are                                        PLC 
attached:ii 
 
2 Reason for the notification (please tick the appropriate box or boxes): 
 
An acquisition or disposal of voting rights 
 
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):          Transfer of shares/voting rights to a related company x 
 
3. Full name of person(s) subject to the                               CYRUN FINANCE LTD 
notification obligation:iii 
 
4. Full name of shareholder(s)                                 PERSHING NOMINEES LIMITED 
 (if different from 3.):iv 
 
5. Date of the transaction and date on             During the Offer period from 18 March 
which the threshold is crossed or                                 2011 up to 2 June 2011 
reached: v 
 
6. Date on which issuer notified:                                               7/6/2011 
 
7. Threshold(s) that is/are crossed or                                               93% 
reached: vi, vii 
 
 
 
 
 
8. Notified details: 
 
A: Voting rights attached to shares viii, ix 
 
Class/type   Situation previous             Resulting situation after the triggering transaction 
of           to the triggering 
shares       transaction 
 
 
if possible  Number           Number        Number            Number of voting        % of  voting rights x 
using        of               of            of shares         rights 
the ISIN     Shares           Voting 
CODE                          Rights 
                                            Direct            Direct xi  Indirect xii Direct Indirect 
 
 
Ordinary 
Shares       8,162,393        25.69%        29,771,882        29,771,882 N/A          93.72% N/A 
 
GB0009115444 
 
 
 
B: Qualifying Financial Instruments 
 
Resulting situation after the triggering transaction 
 
Type of financial  Expiration      Exercise/                   Number of voting             % of voting 
instrument         date xiii       Conversion Period xiv       rights that may be           rights 
                                                               acquired if the 
                                                               instrument is 
                                                               exercised/ converted. 
 
 
 
 
 
C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments xv, xvi 
 
Resulting situation after the triggering transaction 
 
Type of       Exercise price  Expiration   Exercise/          Number of voting rights    % of voting rights 
financial                     date xvii    Conversion period  instrument refers to       xix, xx 
instrument                                 xviii 
 
 
                                                                                         Nominal Delta 
 
 
 
 
 
Total (A+B+C) 
 
Number of voting rights                            Percentage of voting rights 
 
29,771,882                                         93.72% 
 
 
 
 
 
9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: xxi 
 
Stewart West Indies Trust and Lola Brown Trust (are the controlling 
shareholders of Cyrun Finance Limited) 
 
 
 
 
 
Proxy Voting: 
 
10. Name of the proxy holder:                                                        N/A 
 
11. Number of voting rights proxy holder will cease                                  N/A 
to hold: 
 
12. Date on which proxy holder will cease to hold                                    N/A 
voting rights: 
 
 
 
 
13. Additional information:           CALCULATION BASED ON 31.77 MILLION SHARES IN ISSUE 
 
14. Contact name:                                                            PAUL GLOVER 
 
15. Contact telephone number:                                              020 7460 4372 
 
 
 
 
 
 
END