TR-1 Notifcations of Major Interests in Shares

 
TIDMSAM 
 
For immediate release: 
 
                        Syndicate Asset Management plc 
 
                    ("Syndicate", "Company" or the "Group") 
 
TR-1: Notifications of Major Interests in Shares 
 
1. Identity of the issuer or the underlying issuer of   Syndicate Asset 
existing shares to which voting rights are attached:    Management plc 
 
2. Reason for notification (yes/no) 
 
An acquisition or disposal of voting rights                            Yes 
 
An acquisition or disposal of financial instruments which may result   No 
in the acquisition of shares already issued to which voting rights are 
attached 
 
An event changing the breakdown of voting rights                       No 
 
Other (please specify):______________                                  No 
 
3. Full name of person(s) subject to             Gartmore Investment Limited 
notification obligation: 
 
4. Full name of shareholder(s) (if different     See attached schedule 
from 3): 
 
5. Date of transaction (and date on which the    09 December 2010 
threshold is crossed or reached if different): 
 
6. Date on which issuer notified:                10 December 2010 
 
7. Threshold(s) that is/are crossed or reached:  10% 
 
8: Notified Details 
 
A: Voting rights attached to shares 
 
Class/type Situation previous to   Resulting situation after the triggering 
of shares  the triggering          transaction 
           transaction 
If 
possible 
use ISIN 
code 
 
Number of    Number of   Number of   Number of voting       Percentage of voting 
shares       voting      shares      rights                 rights 
             rights 
                                     Direct        Indirect Direct       Indirect 
 
GB00B0GR9291 347,772,882 347,772,882 173,172,882            173,172,882           9.599% 
 
B: Financial Instruments 
 
Resulting situation after the triggering transaction 
 
Type of        Expiration     Exercise/       No. of voting      Percentage of 
financial      date           conversion      rights that may be voting rights 
instrument                    period/date     acquired (if the 
                                              instrument 
                                              exercised/ 
                                              converted) 
 
 
Total (A+B) 
 
Number of voting rights                 Percentage of voting rights 
 
173,172,882                             9.599% 
 
9. Chain of controlled undertakings through which the voting rights and /or the 
financial instruments are effectively held, if applicable: 
 
 
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:             All figures are based on the Company's 
                                        issued share capital of 1,804,015,296 
                                        as provided by Exshare 
 
                                        E mail contact [e-mail] 
 
14 Contact name:                        RDU 
 
15. Contact telephone number:           0207 782 2224 
 
For further information please contact: 
 
Syndicate Asset Management Plc 
 
Jonathan Freeman (Group CEO) Tel: [phone] 
 
Cenkos Securities plc 
 
Stephen Keys/Julian Morse Tel: [phone] 
 
GTH Communications 
 
Toby Hall/Christian Pickel Tel: [phone] 
 
 
 
END