Advance Frontier Markets Fund Ltd Holding(s) in Company (1279P)

TIDMAFMF

RNS Number : 1279P

Advance Frontier Markets Fund Ltd

03 June 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST 
  IN SHARES(i) 
---------------------------------------------------  ------------------------------------ 
 1. Identity of the issuer or the underlying           Advance Frontier Markets Fund Ltd 
  issuer 
  of existing shares to which voting rights 
  are 
  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        Change in our Terms & Conditions restricting the               X 
  specify):            exercise of Voting Rights to Discretionary client 
                       holdings 
-------------------  -----------------------------------------------------------  ------- 
 3. Full name of person(s) subject 
  to the                                           Investec Wealth & Investment Limited 
  notification obligation: (iii) 
                                              ------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
                                                                   N/A 
                                              ------------------------------------------- 
 5. Date of the transaction and date                        1(st) June 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                              ------------------------------------------- 
 6. Date on which issuer notified:                          2(nd) June 2015 
                                              ------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                               3% 
                                              ------------------------------------------- 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 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 rights 
                 of                of                   of shares     rights                   (x) 
                 Shares            Voting 
                                   Rights 
               ----------------  -------------------  ------------  -----------------------  ----------------------------- 
                                                       Direct        Direct        Indirect   Direct         Indirect 
                                                                      (xi)          (xii) 
                 -----  -------  ------  ------  ---  ------------  ------------  ---------  -------------  -------------- 
 
  Ordinary 
  Shares        6,722,353         6,722,353            6,247,706     6,247,706                3.69% 
               ----------------  -------------------  ------------  ------------  ---------  -------------  -------------- 
 GG00B1W59J17 
                 -----  -------  ------  ------  ---  ----------    ---  -------  ---------      ---  ----     ----------- 
 
 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               rights that may              rights 
                                           (xiv)                           be 
                                                                           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        Expiration      Exercise/          Number of voting             % of voting rights 
 financial         price           date (xvii)     Conversion         rights instrument            (xix, xx) 
 instrument                                        period             refers to 
                                                   (xviii) 
                 --------------  --------------  -----------------  ---------------------------  ------------------------- 
                                                                                                  Nominal       Delta 
                 --------------  --------------  -----------------  ---------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
 Number of voting rights                                           Percentage of voting rights 
                                                                  -------------------------------------------------------- 
 6,247,706                                                         3.69% 
                                                                  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
 
        Discretionary client holdings registered in the name of Nominee companies 
                              100% owned by Investec Wealth & Investment 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:                 N/A 
 14. Contact name: 
                                              Phil Beardwell Chartered FCSI 
                                              Senior Compliance Manager 
                                           -------------------------------------- 
 
 15. Contact telephone number:                020 7597 1356 
                                           -------------------------------------- 
 
 

Enquiries:

Advance Emerging Capital Limited (investment manager to Advance Frontier Markets Fund Limited)

   Andrew Lister / Bernard Moody           Tel: [phone] 

Grant Thornton UK LLP (Nominated Adviser)

   Philip Secrett                Tel: [phone] 

Numis Securities Limited (Nominated Broker)

   David Benda                Tel: [phone] 

END

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