Saltus European Debt Strategies Ltd Holding(s) in Company (2288H)

TIDMSED

RNS Number : 2288H

Saltus European Debt Strategies Ltd

09 July 2012

   TR-1:               notification of major interests in shares 
 
  1. Identity of the issuer or the underlying                                           Saltus European Debt Strategies 
   issuer of existing shares to which voting                                                         Limited 
   rights are attached: 
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  2. Reason for the notification (please tick the appropriate 
   box or boxes) 
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  An acquisition or disposal of voting rights                                                                          X 
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  An acquisition or disposal of qualifying financial instruments 
   which may result in the acquisition of shares already 
   issued to which voting rights are attached 
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  An acquisition or disposal of instruments with similar 
   economic effect to qualifying financial instruments 
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  An event changing the breakdown of voting rights 
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  Other (please specify): 
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  3. Full name of person(s) subject to                                              Paradigm Capital Value Fund 
   the notification obligation: 
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  4. Full name of shareholder(s) (if different 
   from 3.): 
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  5. Date of the transaction and date                                               July 5(th) 2012 
   on which the threshold is crossed or 
   reached: 
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  6. Date on which issuer notified: 
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  7. Threshold(s) that is/are crossed 
   or reached:                                                                      10% 
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  8. Notified details: 
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 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------------- 
 Class/type          Situation previous                                             Resulting situation after the triggering 
  of shares           to the Triggering                                                                          transaction 
  if possible         transaction 
  using the 
  ISIN CODE 
------------------  ------------------------------  ------------------------------------------------------------------------ 
                     Number          Number             Number   Number of voting                  % of voting rights 
                      of Shares       of Voting      of shares    rights 
                                      Rights 
 -----------  ----  --------------  --------------  ----------  --------------------------------  -------------------------- 
                                                        Direct   Direct             Indirect       Direct   Indirect 
 -----------  ----      ---  -----  ----  ---  ---  ----------  -----------------  -------------  -------  ----------------- 
   GG00B1WTM617        2,099,472       2,099,472     4,201,706      4,201,706                      11.73% 
------------------  --------------  --------------  ----------  -----------------  -------------  -------  ----------------- 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration        Exercise/ Conversion          Number of voting                  % of voting 
  instrument              date              Period                        rights that may                   rights 
                                                                          be acquired if 
                                                                          the instrument 
                                                                          is exercised/ 
                                                                          converted. 
----------------------  ----------------  ----------------------------  --------------------------------  ------------------ 
 
 
  Resulting situation after the triggering transaction 
 --------------------------------------------------------------------------------------------------------------------------- 
  Type of      Exercise       Expiration        Exercise/                Number of             % of voting rights 
  financial     price          date              Conversion               voting rights 
  instrument                                     Period                   instrument 
                                                                          refers to 
 -----------  -------------  ----------------  -----------------------  --------------------  ------------------------------ 
                                                                                                Nominal          Delta 
 -----------  -------------  ----------------  -----------------------  --------------------  -----------  ----------------- 
 
  Total (A+B+C) 
 --------------------------------------------------------------------------------------------------------------------------- 
  Number of voting rights                                                % of voting rights 
 ---------------------------------------------------------------------  ---------------------------------------------------- 
  4,201,706                                                              11.73% 
 ---------------------------------------------------------------------  ---------------------------------------------------- 
  9. Chain of controlled undertakings through which the voting rights 
   and/or the financial instruments are effectively held, if applicable 
   : 
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  Proxy Voting: 
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  10. Name of the proxy holder: 
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  11. Number of voting rights proxy holder 
   will cease to hold: 
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  12. Date on which proxy holder will cease 
   to hold voting rights: 
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  13. Additional information: 
 -------------------------------------------------  ------------------------------------------------------------------------ 
  14. Contact name:                                                                                              Ryan Krafft 
 -------------------------------------------------  ------------------------------------------------------------------------ 
  15. Contact telephone number:                                                                             [phone] 
 -------------------------------------------------  ------------------------------------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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