Holding(s) in Company (1779F)

TIDMDBAY

RNS Number : 1779F

Douglasbay Capital PLC

19 April 2011

TR-1: notification of major interests in shares

 
 1. Identity of the issuer or the                  DouglasBay Capital 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 
----------------------------------------------------------------------  ------ 
 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                         YES 
----------------------------------------------------------------------  ------ 
 Other (please specify):___________________________________________ 
----------------------------------------------------------------------  ------ 
 3. Full name of person(s) subject to              Laxey Partners Ltd and 
  the notification obligation:                  funds under its discretionary 
                                                         management 
-------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s) (if            Credit Suisse Client Nominees 
 different from 3.):                              UK Ltd, Vidacos Nominees 
                                                   Limited and Securities 
                                                      Nominees Limited 
-------------------------------------------  --------------------------------- 
 5. Date of the transaction and date                   18 April 2011 
  on which the threshold is crossed or 
  reached: 
-------------------------------------------  --------------------------------- 
 6. Date on which issuer notified:                     19 April 2011 
-------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are crossed                 Percentage Change 
  or reached: 
-------------------------------------------  --------------------------------- 
 8. Notified details:                         97.08% on 25 November 
                                               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 Voting      Number          Number of voting           % of voting 
                  of Shares       Rights          of shares       rights                    rights 
--------------  --------------  --------------  --------------  -------------------------  ------------------ 
                                                 Direct          Direct          Indirect   Direct   Indirect 
--------------  --------------  --------------  --------------  --------------  ---------  -------  --------- 
 IM00B3BLTZ08    1,244,950,774   1,244,950,774   1,244,950,774   1,244,950,774              90.54% 
--------------  --------------  --------------  --------------  --------------  ---------  -------  --------- 
 
 
 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. 
----------------  -----------  ---------------  ----------------  ------------ 
 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
--------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------- 
                                                        Number of 
                                                        voting 
 Type of                                  Exercise/     rights 
 financial      Exercise    Expiration    Conversion    instrument    % of voting 
 instrument     price       date          Period( )     refers to     rights 
-------------  ----------  ------------  ------------  ------------  ------------------ 
  Contracts 
     for 
 Differences       N/A          N/A           N/A        7,012,500    Nominal    Delta 
-------------  ----------  ------------  ------------  ------------  --------  -------- 
                                                                       0.51% 
    ---------------------------------------------------------------  --------  -------- 
 
 
 Total (A+B+C) 
---------------------------------------------- 
 Number of voting rights    % of voting rights 
-------------------------  ------------------- 
 1,251,963,274 shares       91.05% 
-------------------------  ------------------- 
 
 
 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: 
------------------------------------------ 
 
 
                                  Shareholding has decreased as a result 
                                   of the exercise of share options which 
                                   has resulted in the new issued share 
                                   capital figure increasing to 1,374,974,804 
 13. Additional information:       shares (as announced on 19 April 2010) 
-------------------------------  -------------------------------------------- 
 14. Contact name:                Laxey Partners Ltd 
-------------------------------  -------------------------------------------- 
 15. Contact telephone number:    + 44 (0) 1624 690900 
-------------------------------  -------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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