Loudwater Trust Limited Holding(s) in Company (0445I)

TIDMLWT

RNS Number : 0445I

Loudwater Trust Limited

19 July 2012

 
 For filings with the FSA 
  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                                               Loudwater Trust Limited 
  the 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                                     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): 
---------------------------------------------------------  ---  ----------------------------------- 
 3. Full name of person(s)                                                Weiss Asset Management LP 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                                   Brookdale International Partners, 
  (if different from 3.):(iv)                                     L.P, Brookdale Global Opportunity 
                                                                                               Fund 
---------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                                             Jul-17-2012 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                                Jul-18-2012 
  notified: 
---------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are                                                                  > 25% 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the 
  of             to the triggering                 triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------  --------------------------------------------------------------------- 
                Number           Number           Number         Number of                    % of voting 
                 of               of               of shares      voting                       rights (x) 
                 Shares           Voting                          rights 
                                  Rights 
-------------  ---------------  ---------------  -------------  ---------------------------  ------------------------- 
                                                  Direct         Direct         Indirect      Direct        Indirect 
                                                                  (xi)           (xii) 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
                                                                                                 26.88 
 GG00B1LT5C96     14,225,000       14,225,000      16,188,000     16,188,000        n/a            %           n/a 
-------------  ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                       Number of voting               % of voting 
 financial           date           Conversion                      rights that                    rights 
 instrument          (xiii)         Period (xiv)                    may be 
                                                                    acquired if 
                                                                    the 
                                                                    instrument 
                                                                    is 
                                                                    exercised/ 
                                                                    converted. 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/        Number of voting               % of voting 
 financial         price         date           Conversion        rights instrument              rights (xix, 
 instrument                      (xvii)         period            refers to                      xx) 
                                                (xviii) 
---------------  -------------  -------------  ---------------  -----------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  -------------  -------------  ---------------  -----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 16,188,000                                         26.88 % 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------------- 
 
  Brookdale International Partners, L.P: 11,267,840 shares 
  (18.71%) 
  Brookdale Global Opportunity Fund: 4,920,160 shares 
  (8.17%) 
 
 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: 
-------------------------------------------------------------  ------------------------------- 
 
                                                                   Please note: This Form TR-1 
  13. Additional information:                                      is not being filed with the 
                                                                   FSA, and is being furnished 
                                                                     to the issuer pursuant to 
                                                                     Article 9 of the issuer's 
                                                                 Articles of Association dated 
                                                                              5 November 2008. 
-------------------------------------------------------------  ------------------------------- 
 14. Contact name:                                                             Daniel Bradford 
-------------------------------------------------------------  ------------------------------- 
 15. Contact telephone number:                                                 [phone] 
-------------------------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLRLMLTMBIBMBT