Holding(s) in Company (3585E)

TIDMARP

RNS Number : 3585E

Ashcourt Rowan PLC

29 May 2012

 
 TR-1: Notifications of Major Interests in Shares 
------------------------------------------------- 
 
 
 1. Identity of the issuer or the underlying          Ashcourt Rowan PLC 
  issuer of existing shares to which voting 
  rights are attached: 
---------------------------------------------------  ------------------------------ 
 2. Reason for notification (please tick appropriate box or boxes) 
----------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                 Yes 
------------------------------------------------------------------------  --------- 
 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):______________ 
------------------------------------------------------------------------  --------- 
 3. Full name of person(s) subject          Kestrel Opportunities, a cell 
  to notification obligation:                of Guernsey Portfolios PCC Limited 
-----------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)             As in 3 above 
  (if different from 3): 
-----------------------------------------  ---------------------------------------- 
 5. Date of transaction and date            25 May 2012 
  on which the threshold is crossed 
  or reached: 
-----------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:          29 May 2012 
-----------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed        Above 7% 
  or reached: 
-----------------------------------------  ---------------------------------------- 
 
 
 
 8: Notified Details 
---------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------- 
 Class/type           Situation previous            Resulting situation after the triggering 
  of shares            to the triggering             transaction 
  If possible          transaction 
  use ISIN 
  code 
-------------------  ----------------------------  ------------------------------------------------------------- 
                      Number        Number          Number       Number of voting        % of voting 
                       of shares     of voting       of shares    rights                  rights 
                                     rights 
-------------------  ------------  --------------  -----------  ----------------------  ------------------------ 
 
                                                     Direct       Direct      Indirect    Direct      Indirect 
-------------------  ------------  -------  -----  -----------  ----------  ----------  ----------  ------------ 
 Ordinary 
  Shares of 
  20p each            1,869,349     1,869,349       1,892,349    1,892,349   Nil         7.02%       Nil 
-------------------  ------------  --------------  -----------  ----------  ----------  ----------  ------------ 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration             Exercise/           No. of voting               Percentage 
  instrument           date                   conversion          rights that may             of voting 
                                              period              be acquired if              rights 
                                                                  the instrument 
                                                                  exercised/converted 
-------------------  ---------------------  ------------------  --------------------------  -------------------- 
 
 
 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
----------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------- 
 Type of       Expiration   Expiration   Exercise/     No. of voting        Percentage 
  financial     price        date         conversion    rights instrument    of voting rights 
  instrument                              period        refers to 
------------  -----------  -----------  ------------  -------------------  -------------------- 
                                                                            Nominal      Delta 
------------  -----------  -----------  ------------  -------------------  -----------  ------- 
 
 
 
 Total (A+B) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 1,892,349                 7.02% 
------------------------  ---------------------------- 
 
 
 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:    Notification using the total 
                                 voting rights figure of 26,938,473 
-----------------------------  ------------------------------------ 
 14 Contact name:               Oliver Scott (Kestrel Partners) 
-----------------------------  ------------------------------------ 
 15. Contact telephone name:    020 3371 6100 
-----------------------------  ------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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