Holding(s) in Company

 

TIDMMOLE 
 
RNS Number : 6296H 
Baylon Holdings Limited 
24 February 2010 
 

TR-1:  NOTIFICATION OF MAJOR INTEREST IN SHARES 
 
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| 1. Identity of the issuer or the         |                   Baylon Holdings Ltd | 
| underlying issuer of existing shares to  |                                       | 
| which voting 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                             |  Yes   | 
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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 the             |  Oakwood Nominees Limited | 
| notification obligation:                             |                           | 
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| 4. Full name of shareholder(s) (if different from    |  Oakwood Nominees Limited | 
| 3.):                                                 |                           | 
|                                                      |                           | 
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| 5. Date of the transaction and date on which the     |                23/02/2010 | 
| threshold is crossed or reached:                     |                           | 
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| 6. Date on which issuer notified:                    |                24/02/2010 | 
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| 7. Threshold(s) that is/are crossed or reached:      |                    9%-11% | 
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|                                          |           |                  |        | 
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+---------------+---------------------+--------+------+--+----+----+------+-------------------+----+------------+--------+-----------------------+---+-----+------------+ 
| 8. Notified details:                                                                                                                                                  | 
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| A: Voting rights attached to shares                                                                                                                                   | 
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| 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                 | 
|               | of                                     | of             | of shares              | rights                                      | voting               | 
|               | Shares                                 | Voting         |                        |                                             | rights               | 
|               |                                        | Rights         |                        |                                             |                      | 
+               +                                        +                +------------------------+---------------------------------------------+----------------------+ 
|               |                                        |                | Direct                 | Direct     | Indirect                       | Direct  | Indirect   | 
|               |                                        |                |                        |            |                                |         |            | 
+---------------+----------------------------------------+----------------+------------------------+------------+--------------------------------+---------+------------+ 
| Participating | 12,500,000                             | 12,500,000     | 16,500,000             | 16,500,000 |                                | 11.3%   |            | 
| shares of NPV |                                        |                |                        |            |                                |         |            | 
| GB00B0T2CP59  |                                        |                |                        |            |                                |         |            | 
+---------------+                                        +                +                        +            +                                +         +            + 
|               |                                        |                |                        |            |                                |         |            | 
+---------------+----------------------------------------+----------------+------------------------+------------+--------------------------------+---------+------------+ 
|                                                                                                                                                                       | 
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                                                                   | 
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| Resulting situation after the triggering transaction                                                                                                                  | 
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| Type of financial                            | Expiration   | Exercise/                          | Number of voting                                | % of voting      | 
| instrument                                   | date         | Conversion Period                  | rights that may be                              | rights           | 
|                                              |              |                                    | acquired if the                                 |                  | 
|                                              |              |                                    | instrument is                                   |                  | 
|                                              |              |                                    | exercised/                                      |                  | 
|                                              |              |                                    | converted.                                      |                  | 
+----------------------------------------------+--------------+------------------------------------+-------------------------------------------------+------------------+ 
|                                              |              |                                    |                                                 |                  | 
+----------------------------------------------+--------------+------------------------------------+-------------------------------------------------+------------------+ 
|                                                                                                                                                                       | 
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments                                                                             | 
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| Resulting situation after the triggering transaction                                                                                                                  | 
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| Type of financial                   | Exercise      | Expiration | Exercise/                | Number of voting         | % of voting rights                           | 
| instrument                          | price         | date       | Conversion               | rights instrument        |                                              | 
|                                     |               |            | period                   | refers to                |                                              | 
|                                     |               |            |                          |                          |                                              | 
+-------------------------------------+---------------+------------+--------------------------+--------------------------+----------------------------------------------+ 
|                                     |               |            |                          |                          | Nominal                         | Delta      | 
|                                     |               |            |                          |                          |                                 |            | 
+                                     +               +            +                          +                          +---------------------------------+------------+ 
|                                     |               |            |                          |                          |                                 |            | 
+-------------------------------------+---------------+------------+--------------------------+--------------------------+---------------------------------+------------+ 
|                                                                                                                                                                       | 
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                                                                         | 
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Number of voting rights                                                                     | Percentage of voting rights                                             | 
+---------------------------------------------------------------------------------------------+-------------------------------------------------------------------------+ 
| 16,500,000                                                                                  | 11.3%                                                                   | 
+---------------------------------------------------------------------------------------------+-------------------------------------------------------------------------+ 
|               |                     |        |      |  |    |    |      |                   |    |            |        |                       |   |     |            | 
+---------------+---------------------+--------+------+--+----+----+------+-------------------+----+------------+--------+-----------------------+---+-----+------------+ 
 
+------------------------------------------------+----------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or  | 
| the                                                                         | 
| financial instruments are effectively held, if applicable:                  | 
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|                                                                             | 
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|                                                                             | 
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| Proxy Voting:                                                               | 
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| 10. Name of the 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:                    | Calculated based on        | 
|                                                | 146,300,787 shares in      | 
|                                                | issue                      | 
+------------------------------------------------+----------------------------+ 
| 14. Contact name:                              | Chris D'Souza              | 
+------------------------------------------------+----------------------------+ 
| 15. Contact telephone number:                  | 0151 236 8200              | 
+------------------------------------------------+----------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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