Holding(s) in Company

 

TIDMMIGT TIDMMDS 
 
RNS Number : 4729G 
Midas Income & Growth Trust PLC 
01 February 2010 
 

TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARESi 
 
                                    1.         Identity of the issuer or the 
                                    underlying issuer of existing shares to 
                                    which voting rights are attached:ii 
                                    Midas Income & Growth Trust PLC 
 
                                    2.         Reason for the 
                                    notification (please state Yes/No): 
 
                                    An acquisition or disposal of voting rights: 
                                    Yes 
 
                                    An acquisition or disposal of qualifying 
                                    financial instruments which may result in 
                                    the acquisition of shares already issued to 
                                    which voting rights are attached: No 
 
                                    An acquisition or disposal of instruments 
                                    with similar economic effect to qualifying 
                                    financial instruments: No 
 
                                    An event changing the breakdown of voting 
                                    rights: No 
 
                                    Other: No 
 
                                    3.         Full name of person(s) subject to 
                                    the notification obligation: iii 
                                    Midas Capital Plc 
 
                                    4.         Full name of shareholder(s) (if 
                                    different from 3.): iv 
                                    See section 9 below 
 
                                    5.         Date of the transaction and date 
                                    on which the threshold is crossed or 
                                    reached: v 
                                    27/01/2010 
 
                                    6.         Date on which issuer notified: 
                                    01/02/2010 
 
                                    7.         Threshold(s) that is/are crossed 
                                    or reached: vi, vii 
                                    Was 9.88%, now 10.27% 
 
                                    8.         Notified details: 
 
A: Voting rights attached to shares viii, ix 
 
+--------------+-----------+-----------+ 
|        Situation previous to         | 
|            the Triggering            | 
|             transaction              | 
+--------------------------------------+ 
| Class/type   |  Number   |  Number   | 
| of shares    |    of     |    of     | 
| if           |  shares   |  voting   | 
| possible     |           |  rights   | 
| using the    |           |           | 
| ISIN CODE    |           |           | 
+--------------+-----------+-----------+ 
| GB0008769993 |3,764,989  |3,767,989  | 
+--------------+-----------+-----------+ 
 
 
Resulting situation after the triggering transaction (vii) 
 
+----------------------------+------------------------+--------------+----------------------+------------+--------------+ 
| Class/type of shares if    |    Number of shares    |      Number of voting rights        |    % of voting rightsx    | 
| possible using the ISIN    |                        |                                     |                           | 
| CODE                       |                        |                                     |                           | 
+----------------------------+------------------------+-------------------------------------+---------------------------+ 
|                            |                        |   Direct     |     Indirect xi      |  Direct    |  Indirect    | 
|                            |                        |              |                      |            |              | 
+----------------------------+------------------------+--------------+----------------------+------------+--------------+ 
| GB0008769993               |       3,914,989        |     n/a      |      3,914,989       |    n/a     |    10.27%    | 
+----------------------------+------------------------+--------------+----------------------+------------+--------------+ 
 
B: Qualifying Financial Instruments 
Resulting situation after the triggering transaction 
 
+--------------+--------------------+------------------------+--------------------------+-------------------+ 
| Type of      | Expiration Date    | Exercise/Conversion    | Number of voting rights  | % of voting       | 
| financial    | xiii               | Period/ Date xiv       | that may be acquired if  | rights            | 
| instrument   |                    |                        | 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    | Exercise | Expiration | Exercise/Conversion | Number of voting | % of            | 
| financial  | price    | Date xvii  | Period xviii        | rights           | voting          | 
| instrument |          |            |                     | instrument       | rights          | 
|            |          |            |                     | refers to        | xix, xx         | 
|            |          |            |                     |                  |                 | 
+------------+----------+------------+---------------------+------------------+-----------------+ 
|            |          |            |                     |                  | Nominal | Delta | 
+------------+----------+------------+---------------------+------------------+---------+-------+ 
 
Total (A+B+C) 
+-----------+--------+ 
|  Number   |  % of  | 
|    of     |voting  | 
|  voting   |rights  | 
|  rights   |10.27%  | 
|3,914,989  |        | 
+-----------+--------+ 
 
 
                                    9.         Chain of controlled undertakings 
                                    through which the voting rights and/or the 
                                    financial instruments are effectively held, 
                                    if applicable (xv): 
+--------------------------------+----------------------------------------------+--------------+ 
| Segregated Account             | Bank of New York Nominees Ltd a/c 318901     |      595,064 | 
+--------------------------------+----------------------------------------------+--------------+ 
| Segregated Account             | Bank of New York Nominees Ltd a/c 254905     |      174,925 | 
+--------------------------------+----------------------------------------------+--------------+ 
| CF Miton Select Assets         | Bank of New York Nominees Ltd a/c 391998     |      220,000 | 
| Portfolio                      |                                              |              | 
+--------------------------------+----------------------------------------------+--------------+ 
| iimia Investment Trust         | Bank of New York Nominees Ltd a/c 178055     |      450,000 | 
+--------------------------------+----------------------------------------------+--------------+ 
| CF Midas Income Fund           | Bank of New York Nominees Ltd a/c 392513     |    2,475,000 | 
+--------------------------------+----------------------------------------------+--------------+ 
 
Proxy Voting: 
 
                                    10.       Name of the proxy holder: 
                                    n/a 
 
                                    11.       Number of voting rights proxy 
                                    holder will cease to hold: 
                                    n/a 
 
12.       Date on which proxy holder will cease to hold voting rights: 
                                    n/a 
 
13.       Additional information: 
                                    Midas Capital Partners Ltd and Miton Asset 
                                    Management Ltd are both subsidiaries of 
                                    Midas Capital Plc 
 
14.       Contact name: 
                                    Charles Mearns, Aberdeen Asset Managers Ltd 
 
15.       Contact telephone number: 
            0131 528 4132 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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