Notification of Major Interests

 

TIDMBLD TIDMMDS 
 
RNS Number : 2863P 
Bulgarian Land Development PLC 
23 March 2009 
 

 
 
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| For filings with the FSA include the    | 
| annex                                   | 
| For filings with issuer exclude the     | 
| annex                                   | 
+-----------------------------------------+ 
 
 
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| TR-1: Notifications of Major Interests in Shares                            | 
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+-----------------------------------------------+------------------------------+ 
| 1. Identity of the issuer or the underlying   | Bulgarian Land Development   | 
| issuer of existing shares to which voting     | plc                          | 
| rights are attached:                          |                              | 
+-----------------------------------------------+------------------------------+ 
 
 
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| 2. Reason for notification (yes/no)                                          | 
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| An acquisition or disposal of voting rights                       | Yes      | 
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| An acquisition or disposal of financial instruments which may     | No       | 
| result in the acquisition of shares already issued to which       |          | 
| voting rights are attached                                        |          | 
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| An event changing the breakdown of voting rights                  | No       | 
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| Other (please specify):______________                             | No       | 
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| 3. Full name of person(s) subject to   | Midas Capital plc                   | 
| notification obligation:               |                                     | 
+----------------------------------------+-------------------------------------+ 
| 4. Full name of shareholder(s) (if     | See section 9 below                 | 
| different from 3):                     |                                     | 
+----------------------------------------+-------------------------------------+ 
| 5. Date of transaction (and date on    | 18/03/09                            | 
| which the threshold is crossed or      |                                     | 
| reached if different):                 |                                     | 
+----------------------------------------+-------------------------------------+ 
| 6. Date on which issuer notified:      | 20/03/09                            | 
+----------------------------------------+-------------------------------------+ 
| 7. Threshold(s) that is/are crossed or | Was 5.50%, Now 0.00%                | 
| reached:                               |                                     | 
+----------------------------------------+-------------------------------------+ 
 
 
 
 
+--------------+-----------+-----------+----------+----------+----------+----------+----------+ 
| 8: Notified Details                                                                         | 
+---------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                         | 
|                                                                                             | 
+---------------------------------------------------------------------------------------------+ 
| Class/type   | Situation previous    | Resulting situation after the triggering transaction | 
| of shares    | to the triggering     |                                                      | 
| If           | transaction           |                                                      | 
| possible     |                       |                                                      | 
| use ISIN     |                       |                                                      | 
| code         |                       |                                                      | 
+              +-----------------------+------------------------------------------------------+ 
|              | Number    | Number    | Number   | Number of voting    | Percentage of       | 
|              | of        | of        | of       | rights              | voting rights       | 
|              | shares    | voting    | shares   |                     |                     | 
|              |           | rights    |          |                     |                     | 
+              +           +           +          +---------------------+---------------------+ 
|              |           |           |          | Direct   | Indirect | Direct   | Indirect | 
+--------------+-----------+-----------+----------+----------+----------+----------+----------+ 
| GB00B11PLD04 | 2,200,000 | 2,200,000 | 0        | n/a      | 0        | n/a      | 0.00%    | 
+--------------+-----------+-----------+----------+----------+----------+----------+----------+ 
 
 
 
 
 
 
 
 
+---------------+---------------+---------------+----------------------+---------------+ 
| B: Financial Instruments                                                             | 
|                                                                                      | 
+--------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                 | 
|                                                                                      | 
+--------------------------------------------------------------------------------------+ 
| Type of       | Expiration    | Exercise/     | No. of voting        | Percentage of | 
| financial     | date          | conversion    | rights that          | voting rights | 
| instrument    |               | period/date   | may be               |               | 
|               |               |               | acquired (if         |               | 
|               |               |               | the                  |               | 
|               |               |               | instrument           |               | 
|               |               |               | exercised/converted) |               | 
+---------------+---------------+---------------+----------------------+---------------+ 
| n/a           | n/a           | n/a           | n/a                  | n/a           | 
+---------------+---------------+---------------+----------------------+---------------+ 
 
 
 
 
+--------------------------------------+--------------------------------------+ 
| Total (A+B)                                                                 | 
|                                                                             | 
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| Number of voting rights              | Percentage of voting rights          | 
+--------------------------------------+--------------------------------------+ 
| 0                                    | 0.00%                                | 
+--------------------------------------+--------------------------------------+ 
 
 
 
 
 
 
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| 9. Chain of controlled undertakings through which the voting rights and /or | 
| the financial instruments are effectively held, if applicable:              | 
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| CF Midas Growth Fund / Bank of New York Nominees Ltd a/c 392512 / 0         | 
+-----------------------------------------------------------------------------+ 
 
 
+--------------------------------------+--------------------------------------+ 
| Proxy Voting:                                                               | 
|                                                                             | 
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| 10. Name of proxy holder:            | n/a                                  | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| 11. Number of voting rights proxy    | n/a                                  | 
| holder will cease to hold:           |                                      | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
| 12. Date on which proxy holder will  | n/a                                  | 
| cease to hold voting rights:         |                                      | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
 
 
+--------------------------------------+--------------------------------------+ 
| 13. Additional information:          | Midas Capital Partners Ltd, Miton    | 
|                                      | Asset Management Ltd and iimia Plc   | 
|                                      | are all subsidiaries of Midas        | 
|                                      | Capital Plc                          | 
+--------------------------------------+--------------------------------------+ 
| 14 Contact name:                     | Sarah Marshall                       | 
|                                      | (Company Secretary)                  | 
+--------------------------------------+--------------------------------------+ 
| 15. Contact telephone number:        | 01624 689593                         | 
|                                      |                                      | 
+--------------------------------------+--------------------------------------+ 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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