Holding(s) in Company (6754Y)

TIDMILA

RNS Number : 6754Y

Ila Group Limited

29 December 2010 TR-1[i]: notification of major interests in shares

 
 1. Identity of the issuer or 
  the underlying issuer of existing 
  shares to which voting rights 
  are attached[ii]:                                    ILA GROUP LIMITED 
--------------------------------------------------  ---------------------- 
 2. Reason for the notification (please tick 
  the appropriate box or boxes) 
--------------------------------------------------  ---------------------- 
 An acquisition or disposal of voting rights 
--------------------------------------------------  ---------------------- 
 An acquisition or disposal of financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting 
  rights are attached 
--------------------------------------------------  ---------------------- 
 An event changing the breakdown of voting 
  rights 
--------------------------------------------------  ---------------------- 
 Other (please specify): 
--------------------------------------------------  ---------------------- 
 3. Full name of person(s) subject 
  to the notification obligation[iii]:                    NIGEL WRAY 
--------------------------------------------------  ---------------------- 
                                                       PERSHING NOMINEES 
                                                            LIMITED 
 4. Full name of shareholder(s)                         PIHL EQUITY LLP 
  (if different from 3.)[iv]:                         ROY NOMINEES LIMITED 
--------------------------------------------------  ---------------------- 
 5. Date of the transaction 
  (and date on which the threshold 
  is crossed or reached if different)[v]:              24 DECEMBER 2010 
--------------------------------------------------  ---------------------- 
 6. Date on which issuer notified:                     29 DECEMBER 2010 
--------------------------------------------------  ---------------------- 
 7. Threshold(s) that is/are 
  crossed or reached:                                         10% 
--------------------------------------------------  ---------------------- 
 8. Notified details:                                         N/A 
--------------------------------------------------  ---------------------- 
 
 
 
 A: Voting rights attached to shares 
--------------------------------------------------------------------------------------------- 
 Class/type 
  of shares      Situation 
  if possible     previous 
  using           to the Triggering 
  the ISIN        transaction              Resulting situation after the 
  CODE            [vi]                      triggering transaction[vii] 
--------------  ------------------------  --------------------------------------------------- 
                              Number 
                 Number        of          Number 
                  of           Voting      of        Number of              % of voting 
                  Shares       Rights      shares     voting rights          rights 
--------------  -----------  -----------  --------  ---------------------  ------------------ 
                                           Direct    Direct    Indirect     Direct   Indirect 
--------------  -----------  -----------  --------  --------  -----------  -------  --------- 
 ORDINARY 
  SHARES 
  GB00B0T2CP59   34,126,366   34,126,366   626,366   626,366   68,500,000   0.09%    10.01% 
--------------  -----------  -----------  --------  --------  -----------  -------  --------- 
 
 
 B: Financial Instruments 
------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------- 
 Type of       Expiration   Exercise/       Number of         % of voting 
  financial     date         Conversion      voting rights     rights 
  instrument                 Period/ Date    that may be 
                                             acquired if 
                                             the instrument 
                                             is exercised/ 
                                             converted. 
------------  -----------  --------------  ----------------  ------------ 
 
 
 
 Total (A+B) 
----------------------------------------------------- 
 Number of voting rights           % of voting rights 
--------------------------------  ------------------- 
 69,126,366 including 
  17,500,000 held by PIHL 
  Equity LLP, a partnership 
  in which Mr Wray controls 
  or is beneficially interested 
  in 44.99% of the partnership 
  capital                          10.10% 
--------------------------------  ------------------- 
 
 
 9. Chain of controlled undertakings through which 
  the voting rights and/or the financial instruments 
  are effectively held, if applicable : 
------------------------------------------------------- 
 Nigel Wray has a beneficial interest in shares 
  in Ila Group Ltd held by the following nominees 
  Pershing Nominees Limited 626,366 
  The family of Nigel Wray maintain a beneficial 
  interest in the shares held by Roy Nominees Limited 
  51,000,000 
  In addition Mr Nigel Wray controls or is beneficially 
  interested in 44.99% of the partnership capital 
  of PIHL Equity LLP which owns 17,500,000 ordinary 
  shares in Ila Group Limited 
------------------------------------------------------- 
 
 
 Proxy Voting: 
----------------------------------------- 
 10. Name of the proxy holder:        N/A 
-----------------------------------  ---- 
 11. Number of voting rights          N/A 
  proxy holder will cease to hold: 
-----------------------------------  ---- 
 12. Date on which proxy holder       N/A 
  will cease to hold voting rights: 
-----------------------------------  ---- 
 
 
                                Figures are based on total 
                                 number of voting rights of 
 13. Additional information:     684,611,968 
-----------------------------  ---------------------------- 
 14. Contact name:              Nigel Wray 
-----------------------------  ---------------------------- 
 15. Contact telephone 
  number:                       020 7647 7647 
-----------------------------  ---------------------------- 
 

Annex Notification Of Major Interests In Shares xvi

 
 A: Identity of the person or legal entity subject 
  to the notification obligation 
-------------------------------------------------------- 
 Full name (including legal 
  form for legal entities)          MR NIGEL WRAY 
---------------------------------  --------------------- 
                                    CAVENDISH HOUSE 
 Contact address (registered         18 CAVENDISH SQUARE 
  office for legal entities)         LONDON W1G 0PJ 
---------------------------------  --------------------- 
 Phone number                       020 7647 7647 
---------------------------------  --------------------- 
 Other useful information 
  (at least legal representative 
  for legal persons) 
---------------------------------  --------------------- 
 
 
 B: Identity of the notifier, if applicable 
------------------------------------------- 
 Full name 
------------------------------------------- 
 Contact address 
------------------------------------------- 
 Phone number 
------------------------------------------- 
 Other useful information 
  (e.g. functional relationship 
  with the person or legal 
  entity subject to the notification 
  obligation) 
------------------------------------------- 
 
 
 C: Additional information 
-------------------------- 
 N/A 
-------------------------- 
 

Notes

[i] This form is to be sent to the issuer or underlying issuer and to be filed with the competent authority.

[ii] Either the full name of the legal entity or another method for identifying the issuer or underlying issuer, provided it is reliable and accurate.

[iii] This should be the full name of (a) the shareholder; (b) the person acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments entitled to acquire shares already issued to which voting rights are attached, as appropriate.

In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the following list is provided as indication of the persons who should be mentioned:

- in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;

- in the circumstances foreseen in DTR 5.2.1 (c), the person holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and person lodging the collateral under these conditions;

- in the circumstances foreseen in DTR5.2.1(d), the person who has a life interest in shares if that person is entitled to exercise the voting rights attached to the shares and the person who is disposing of the voting rights when the life interest is created;

- in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and, provided it has a notification duty at an individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of those situations, the controlled undertaking;

- in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;

- in the circumstances foreseen in DTR5.2.1 (g), the person that controls the voting rights;

- in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion.

[iv] Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should be the full name of the shareholder or holder of financial instruments who is the counterparty to the natural person or legal entity referred to in DTR5.2.

[v] The date of the transaction should normally be, in the case of an on exchange transaction, the date on which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an agreement.

The date on which threshold is crossed should normally be the date on which the acquisition, disposal or possibility to exercise voting rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took effect.

These dates will usually be the same unless the transaction is subject to a condition beyond the control of the parties.

[vi] Please refer to the situation disclosed in the previous notification, In case the situation previous to the triggering transaction was below 3%, please state 'below 3%'.

vii If the holding has fallen below the minimum threshold , the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is less than 3%.

For the case provided for in DTR5.2.1(a), there should be no disclosure of individual holdings per party to the agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into, introducing changes to or terminating an agreement.

viii Direct and indirect

ix In case of combined holdings of shares with voting rights attached 'direct holding' and voting rights 'indirect holdings', please split the voting rights number and percentage into the direct and indirect columns-if there is no combined holdings, please leave the relevant box blank.

X Voting rights attached to shares in respect of which the notifying party is a direct shareholder (DTR 5.1)

xi Voting rights held by the notifying party as an indirect shareholder (DTR 5.2.1)

xii If the holding has fallen below the minimum threshold, the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is below 3%.

xiii date of maturity / expiration of the finical instrument i.e. the date when the right to acquire shares ends.

xiv If the financial instrument has such a period-please specify the period- for example once every three months starting from the [date]

xv The notification should include the name(s) of the controlled undertakings through which the voting rights are held. The notification should also include the amount of voting rights and the percentage held by each controlled undertaking, insofar as individually the controlled undertaking holds 3% or more, and insofar as the notification by the parent undertaking is intended to cover the notification obligations of the controlled undertaking.

xvi This annex is only to be filed with the competent authority.

xvii Whenever another person makes the notification on behalf of the shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3.

This information is provided by RNS

The company news service from the London Stock Exchange

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