Shareholding (1584A)

TIDMCGA

RNS Number : 1584A

China Gateway International PLC

27 January 2011

For immediate release 27 January 2011

("China Gateway International PLC" or "the Company")

Shareholding

TR-1: notification of major interests in shares

 
  1. Identity of the issuer or the underlying 
   issuer of existing shares to which voting                       CHINA GATEWAY INTERNATIONAL 
   rights are attached:                                                         PLC 
 ---------------------------------------------------------------  ----------------------------- 
  2. Reason for the notification (please tick the appropriate 
   box or boxes) 
 -----------------------------------------------------------------------------------  --------- 
  An acquisition or disposal of voting rights                                             x 
 -----------------------------------------------------------------------------------  --------- 
  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): 
 -----------------------------------------------------------------------------------  --------- 
                                                                         Funds under the 
  3. Full name of person(s) subject to                             discretionary management of 
   the notification obligation:                                         Laxey Partners Ltd 
 ---------------------------------------------------------------  ----------------------------- 
                                                                       Credit Suisse Client 
  4. Full name of shareholder(s) (if different                     Nominees UK Ltd and Vidacos 
   from 3.):                                                             Nominees Limited 
 ---------------------------------------------------------------  ----------------------------- 
  5. Date of the transaction and date 
   on which the threshold is crossed or 
   reached:                                                              20 January 2011 
 ---------------------------------------------------------------  ----------------------------- 
  6. Date on which issuer notified:                                      20 January 2011 
 ---------------------------------------------------------------  ----------------------------- 
  7. Threshold(s) that is/are crossed 
   or reached:                                                          Percentage change 
 ---------------------------------------------------------------  ----------------------------- 
                                                                      24.49% on 8 
  8. Notified details:                                               October 2010 
 ---------------------------------------------------------------  ------------------  --------- 
 A: Voting rights attached to shares 
----------------------------------------------------------------------------------------------- 
 Class/type 
 of shares if 
 possible         Situation previous 
 using the         to the Triggering       Resulting situation after the triggering 
 ISIN CODE         transaction              transaction 
---------------  -----------------------  ----------------------------------------------------- 
                              Number 
                  Number of    of Voting   Number of   Number of voting       % of voting 
                  Shares       Rights      shares       rights                rights 
 --------------  ----------  -----------  ----------  ---------------------  ------------------ 
                                           Direct      Direct      Indirect   Direct   Indirect 
 --------------  ----------  -----------  ----------  ----------  ---------  -------  --------- 
 GB00B1P70L34     6,104,911   6,104,911    6,584,911   6,584,911              25.91% 
---------------  ----------  -----------  ----------  ----------  ---------  -------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------ 
 Type of           Expiration   Exercise/        Number of         % of voting 
 financial          date        Conversion       voting rights      rights 
 instrument                     Period           that may be 
                                                 acquired if the 
                                                 instrument is 
                                                 exercised/ 
                                                 converted. 
----------------  -----------  ---------------  ----------------  ------------ 
 
 
 
 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------- 
 Type of      Exercise   Expiration   Exercise/    Number of    % of voting 
 financial    price      date         Conversion   voting       rights 
 instrument                           Period       rights 
                                                   instrument 
                                                   refers to 
-----------  ---------  -----------  -----------  -----------  ---------------- 
                                                                Nominal   Delta 
-----------  ---------  -----------  -----------  -----------  --------  ------ 
 
 
 
 Total (A+B+C) 
---------------------------------------------- 
 Number of voting rights    % of voting rights 
-------------------------  ------------------- 
 6,584,911 shares           25.91% 
-------------------------  ------------------- 
 
 
 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: 
------------------------------------------ 
 
 
                                  Used new Issued Share Capital figure 
 13. Additional information:       of 25,410,732 shares 
-------------------------------  ------------------------------------- 
 14. Contact name:                Laxey Partners Ltd 
-------------------------------  ------------------------------------- 
 15. Contact telephone number:    + 44 (0) 1624 690900 
-------------------------------  ------------------------------------- 
 

For further information, please contact:

China Gateway International PLC Ken Wills Tel:[phone]

Beaumont Cornish Limited Roland Cornish Tel:[phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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