International Greetings PLC Holding(s) in Company (8549I)

TIDMIGR

RNS Number : 8549I

International Greetings PLC

09 July 2013

 
 For filings with the FCA include 
  the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
 
 
 1. Identity of the issuer or the        International Greetings PLC 
  underlying issuer of existing shares 
  to which voting rights are attached: 
  (ii) 
--------------------------------------  ---------------------------- 
 
 
 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               X 
  economic effect to qualifying financial instruments 
-----------------------------------------------------------------  ------ 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------  ------ 
 Other (please 
  specify): 
-----------------  ----------------------------------------------  ------ 
 
 
 
 3. Full name of person(s) subject      SFM UK Management LLP 
  to the notification obligation: 
  (iii) 
-------------------------------------  ---------------------- 
 4. Full name of shareholder(s)         Quantum Partners LP 
  (if different from 3.): (iv) 
-------------------------------------  ---------------------- 
 5. Date of the transaction and date    July 5, 2013 
  on which the threshold is crossed 
  or reached: (v) 
-------------------------------------  ---------------------- 
 6. Date on which issuer notified:      July 8, 2013 
-------------------------------------  ---------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                    7% 
-------------------------------------  ---------------------- 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------- 
 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 voting rights 
                 of          of         of shares    rights               (x) 
                 Shares      Voting 
                             Rights 
-------------  ----------  ---------  -----------  -------------------  --------------------- 
                                       Direct       Direct    Indirect   Direct     Indirect 
                                                     (xi)      (xii) 
-------------  ----------  ---------  -----------  --------  ---------  ---------  ---------- 
     N/A           N/A        N/A         N/A         N/A       N/A        N/A         N/A 
-------------  ----------  ---------  -----------  --------  ---------  ---------  ---------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------- 
 Type of financial   Expiration     Exercise/       Number of voting         % of voting 
  instrument          date (xiii)    Conversion      rights that              rights 
                                     Period (xiv)    may be 
                                                     acquired if 
                                                     the 
                                                     instrument is 
                                                     exercised/ converted. 
------------------  -------------  --------------  -----------------------  ------------ 
        N/A              N/A             N/A                 N/A                 N/A 
------------------  -------------  --------------  -----------------------  ------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------- 
 Type of financial    Exercise    Expiration    Exercise/      Number of voting      % of voting 
  instrument           price       date          Conversion     rights instrument     rights (xix, 
                                   (xvii)        period         refers to             xx) 
                                                 (xviii) 
-------------------  ----------  ------------  -------------  --------------------  ----------------- 
    Contract for         N/A          N/A           N/A             4,230,265        Nominal   Delta 
     Difference 
-------------------  ----------  ------------  -------------  --------------------  --------  ------- 
                                                                                     7.452%    7.452% 
    ------------------------------------------------------------------------------  --------  ------- 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
        4,230,265                    7.452% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------- 
 
   This statement relates to a Contract for Difference ("CFD") held for 
   the account of Quantum Partners LP, a Cayman Islands exempted limited 
   partnership ("Quantum Partners"). SFM UK Management LLP, a sub-advisor 
   to Soros Fund Management LLC, serves as investment manager to Quantum 
   Partners and has been granted investment discretion over portfolio investments, 
   including the CFD, held for the account of Quantum Partners. 
---------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
------------------------------------------ 
 10. Name of the 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:               N/A 
-------------------------------  ----------------------- 
 14. Contact name:                     Jade Cornell 
                                    Compliance Officer 
                                   SFM UK Management LLP 
-------------------------------  ----------------------- 
 15. Contact telephone number:        020 7758 4826 
-------------------------------  ----------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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