Shareholding

 

TIDMCGA 
 
RNS Number : 2424U 
China Gateway International PLC 
12 October 2010 
 

FOR IMMEDIATE  RELEASE 
12 October 2010 
 
 
               ("China Gateway International PLC" or "the Company") 
 
                                  SHAREHOLDING 
 
 
+----------------+--------------------+------+----------------------------+--------+ 
|                                                                                  | 
+----------------------------------------------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN                                          | 
| SHARESi                                                                          | 
|                                                                                  | 
+----------------------------------------------------------------------------------+ 
|                                            |                                     | 
+--------------------------------------------+-------------------------------------+ 
| 1. Identity of the issuer or the           |     CHINA GATEWAY INTERNATIONAL PLC | 
| underlying issuer                          |                                     | 
| of existing shares to which voting rights  |                                     | 
| are                                        |                                     | 
| attached:                                  |                                     | 
+--------------------------------------------+-------------------------------------+ 
| 2 Reason for the notification (please tick the 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   |   Funds under the discretionary management | 
| to the                              |                      of Laxey Partners Ltd | 
| notification obligation:            |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 4. Full name of shareholder(s)      |   Credit Suisse Client Nominees UK Ltd and | 
|  (if different from 3.):            |                   Vidacos Nominees Limited | 
+-------------------------------------+--------------------------------------------+ 
| 5. Date of the transaction and date |                             7 October 2010 | 
| on                                  |                                            | 
| which the threshold is crossed or   |                                            | 
| reached:                            |                                            | 
+-------------------------------------+--------------------------------------------+ 
| 6. Date on which issuer notified:   |                             8 October 2010 | 
+-------------------------------------+--------------------------------------------+ 
| 7. Threshold(s) that is/are crossed |  Percentage change from 23.82% on 15 March | 
| or                                  |                                       2010 | 
| reached:                            |                                            | 
+-------------------------------------+--------------------------------------------+ 
|                |                    |      |                            |        | 
+----------------+--------------------+------+----------------------------+--------+ 
 
+--------------+-----------------+----+------+----------+----+--+----------------------+-+-----+-----+----------+-------+---------------------+----+--+------------+ 
| 8. Notified details:                                                                                                                                             | 
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                                                                                              | 
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Class/type   | Situation previous                             | Resulting situation after the triggering transaction                                             | 
| of           | to the triggering                              |                                                                                                  | 
| shares       | transaction                                    |                                                                                                  | 
| if possible  |                                                |                                                                                                  | 
| using        |                                                |                                                                                                  | 
| the ISIN     |                                                |                                                                                                  | 
| CODE         |                                                |                                                                                                  | 
+              +------------------------------------------------+--------------------------------------------------------------------------------------------------+ 
|              | Number                      | Number           | Number                 | Number of            | % of  voting rights                              | 
|              | of                          | of               | of                     | voting               |                                                  | 
|              | Shares                      | Voting           | shares                 | rights               |                                                  | 
|              |                             | Rights           |                        |                      |                                                  | 
+              +                             +                  +------------------------+----------------------+--------------------------------------------------+ 
|              |                             |                  | Direct                 | Direct    | Indirect | Direct                           | Indirect      | 
|              |                             |                  |                        |           |          |                                  |               | 
+--------------+-----------------------------+------------------+------------------------+-----------+----------+----------------------------------+---------------+ 
| GB00B1P70L34 | 5,887,520                   | 5,887,520        | 6,104,911              | 6,104,911 |          | 24.49%                           |               | 
+--------------+                             +                  +                        +           +          +                                  +               + 
|              |                             |                  |                        |           |          |                                  |               | 
+--------------+-----------------------------+------------------+------------------------+-----------+----------+----------------------------------+---------------+ 
|                                                                                                                                                                  | 
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                                                              | 
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                                             | 
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| 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.                                   |                    | 
+-------------------------------------+-----------------+--------------------------------------+----------------------------------------------+--------------------+ 
|                                     |                 |                                      |                                              |                    | 
+-------------------------------------+-----------------+--------------------------------------+----------------------------------------------+--------------------+ 
|                                                                                                                                                                  | 
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments                                                                        | 
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                                             | 
+------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| 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                                               | 
+--------------------------------------------------------------------------------------+---------------------------------------------------------------------------+ 
| 6,104,911 shares                                                                     | 24.49%                                                                    | 
+--------------------------------------------------------------------------------------+---------------------------------------------------------------------------+ 
|              |                 |    |      |          |    |  |                      | |     |     |          |       |                     |    |  |            | 
+--------------+-----------------+----+------+----------+----+--+----------------------+-+-----+-----+----------+-------+---------------------+----+--+------------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 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 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:          |  Used new Issued Share Capital figure of | 
|                                      |                        24,930,732 shares | 
|                                      |                                          | 
+--------------------------------------+------------------------------------------+ 
| 14. Contact name:                    |                       Laxey Partners Ltd | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        |                     + 44 (0) 1624 690900 | 
+--------------------------------------+------------------------------------------+ 
|                                      |           |                              | 
+--------------------------------------+-----------+------------------------------+ 
 
 
For further information please contact: 
+------------------+----------------------+--------------------+ 
| China Gateway    | Ken Wills            | Tel: [phone]  | 
| International    |                      | 822444             | 
| PLC              |                      |                    | 
+------------------+----------------------+--------------------+ 
| Beaumont Cornish | Roland Cornish       | Tel: +44 (0)20     | 
| Limited          |                      | 7628 3396          | 
+------------------+----------------------+--------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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