Holding(s) in Company

 

TIDMCEAF TIDMMDS 
 
RNS Number : 6814M 
Close European Accelerated Fund Ltd 
27 May 2010 
 

 
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+-----------------------------------------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                              | 
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+------------------------------------+------------------------------+ 
| 1. Identity of the issuer or the   |                              | 
| underlying issuer of existing      |  Close European Accelerated  | 
| shares to which voting rights are  |        Fund Limited          | 
| attached:                          |                              | 
+------------------------------------+------------------------------+ 
 
+----------------+----------------------------------------------+-------+ 
| 2 Reason for the notification (please tick the appropriate box or     | 
| boxes):                                                               | 
+-----------------------------------------------------------------------+ 
|                                                               |  Yes  | 
| 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              |       | 
+---------------------------------------------------------------+-------+ 
|                |                                              |       | 
| Other (please  |                                              |       | 
| specify):      |                                              |       | 
+----------------+----------------------------------------------+-------+ 
|                |                                              |       | 
+----------------+----------------------------------------------+-------+ 
 
+------------------------------------+------------------------------+ 
| 3. Full name of person(s) subject  |                              | 
| to the notification obligation:    |      Midas Capital Plc       | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 4. Full name of shareholder(s) (if |                              | 
| different from 3.):                |     See section 9 below      | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 5. Date of the transaction and     |                              | 
| date on which the threshold is     |         21 May 2010          | 
| crossed or reached:                |                              | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 6. Date on which issuer notified:  |                              | 
|                                    |         25 May 2010          | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
| 7. Threshold(s) that is/are        |                              | 
| crossed or reached:                |             N/A              | 
|                                    |                              | 
+------------------------------------+------------------------------+ 
 
+--------------+------------+-----------+-----------+--------+-----------+--------+----------+ 
| 8. Notified details:                                                                       | 
+--------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                        | 
|                                                                                            | 
+--------------------------------------------------------------------------------------------+ 
| Class/type   | Situation              | Resulting situation after the                      | 
| of           | previous               | triggering transaction                             | 
| shares       | to the                 |                                                    | 
| if           | triggering             |                                                    | 
| possible     | transaction            |                                                    | 
| using        |                        |                                                    | 
| the ISIN     |                        |                                                    | 
| CODE         |                        |                                                    | 
+              +------------------------+----------------------------------------------------+ 
|              | Number     | Number    | Number    | Number of          | % of              | 
|              | of         | of        | of        | voting             | voting            | 
|              | Shares     | Voting    | shares    | rights             | rights            | 
|              |            | Rights    |           |                    |                   | 
+              +            +           +-----------+--------------------+-------------------+ 
|              |            |           | Direct    | Direct | Indirect  | Direct | Indirect | 
+--------------+------------+-----------+-----------+--------+-----------+--------+----------+ 
|              |            |           |           |        |           |        |          | 
|              |  4,500,000 | 4,500,000 | 5,500,000 |        | 5,500,000 | -      | 13.91%   | 
| GB00B0DB8N84 |            |           |           | -      |           |        |          | 
|              |            |           |           |        |           |        |          | 
+--------------+------------+-----------+-----------+--------+-----------+--------+----------+ 
 
+---------------+------------+------------+---------------+-----------+ 
| B: Qualifying Financial Instruments                                 | 
+---------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                | 
|                                                                     | 
+---------------------------------------------------------------------+ 
| Type of       | Expiration | Exercise/  | Number of     | % of      | 
| financial     | date       | Conversion | voting        | voting    | 
| instrument    |            | Period     | rights that   | rights    | 
|               |            |            | 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                               | 
|                                                                                    | 
+------------------------------------------------------------------------------------+ 
| Type of    | Exercise | Expiration | Exercise/  | Number of   | % of               | 
| financial  | price    | date       | Conversion | voting      | voting             | 
| instrument |          |            | period     | rights      | rights             | 
|            |          |            |            | instrument  |                    | 
|            |          |            |            | refers to   |                    | 
+------------+----------+------------+------------+-------------+--------------------+ 
|            |          |            |            |             |  Nominal   |Delta  | 
| -          | -        | -          | -          | -           |            |       | 
+            +          +            +            +             +------------+-------+ 
|            |          |            |            |             |       -    |       | 
|            |          |            |            |             |            | -     | 
+------------+----------+------------+------------+-------------+------------+-------+ 
 
+------------------------------------+------------------------------+ 
| Total (A+B+C)                                                     | 
|                                                                   | 
+-------------------------------------------------------------------+ 
| Number of voting rights            | Percentage of voting rights  | 
+------------------------------------+------------------------------+ 
|  5,500,000                         | 13.91%                       | 
+------------------------------------+------------------------------+ 
 
+---------------------+----------------------+----------------------+ 
| 9. Chain of controlled undertakings through which the voting      | 
| rights and/or the                                                 | 
| financial instruments are effectively held, if applicable:        | 
+-------------------------------------------------------------------+ 
| CF Midas Growth     | Bank of New York     | 5,000,000            | 
| Fund                | Nominees Ltd a/c     |                      | 
|                     | 392512               |                      | 
|                     |                      |                      | 
+---------------------+----------------------+----------------------+ 
| Segregated Account  | Roy Nominees Limited | 500,000              | 
|                     | a/c 570060           |                      | 
+---------------------+----------------------+----------------------+ 
 
+------------------------------------+------------------------------+ 
| 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:                  |                              | 
|                                    | Anson Fund Managers Limited  | 
+------------------------------------+------------------------------+ 
| 15. Contact telephone number:      |                              | 
|                                    |        01481 722 260         | 
+------------------------------------+------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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