Holding(s) in Company (0624Z)

TIDMNSR

RNS Number : 0624Z

Nestor Healthcare Group PLC

06 January 2011

 
 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 1. Identity of the issuer or the        NESTOR HEALTHCARE GROUP PLC 
  underlying issuer of existing shares 
  to which voting rights are attached: 
--------------------------------------  ---------------------------- 
 
 
 2 Reason for the notification (please tick the appropriate box 
  or boxes): 
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 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      Switched holdings from 1 fund to another        V 
  specify):          fund 
-----------------  ---------------------------------------------- 
 
 
 
 3. Full name of person(s) subject      GAM INTERNATIONAL MANAGEMENT 
  to the notification obligation:        LTD 
-------------------------------------  ----------------------------- 
 4. Full name of shareholder(s) (if     GAM EXEMPT TRUST 
  different from 3.):                    GAM UK DIVERSIFIED 
-------------------------------------  ----------------------------- 
 5. Date of the transaction and date 
  on which the threshold is crossed 
  or reached:                           31/12/2010 
-------------------------------------  ----------------------------- 
 6. Date on which issuer notified:      04/01/2011 
-------------------------------------  ----------------------------- 
 7. Threshold(s) that is/are crossed    GAM EXEMPT TRUST - 3% 
  or reached:                            GAM UK DIVERSIFIED - 4.6% 
-------------------------------------  ----------------------------- 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------- 
 Class/type 
 of shares 
 if possible   Situation previous 
 using the      to the triggering      Resulting situation after the triggering 
 ISIN CODE      transaction             transaction 
------------  ----------------------  ----------------------------------------------------- 
                           Number 
               Number       of 
                of          Voting     Number of   Number of voting       % of voting 
                Shares      Rights     shares       rights                rights 
------------  ----------  ----------  ----------  ---------------------  ------------------ 
                                       Direct      Direct      Indirect   Direct   Indirect 
------------  ----------  ----------  ----------  ----------  ---------  -------  --------- 
 
 ORD           7,364,611   7,364,611   7,364,611   7,364,611              6.526% 
------------  ----------  ----------  ----------  ----------  ---------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------ 
 Type of financial   Expiration   Exercise/     Number of voting   % of voting 
  instrument          date         Conversion   rights that may     rights 
                                   Period       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 voting 
 financial     price      date        Conversion   voting        rights 
 instrument                           period       rights 
                                                   instrument 
                                                   refers to 
-----------  ---------  -----------  -----------  -----------  ---------------- 
                                                                Nominal   Delta 
-----------  ---------  -----------  -----------  -----------  --------  ------ 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 7,364,611                 6.526% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------ 
 GAM International Management Ltd as discretionary investment manager 
  has the following holdings for its funds: 
  GAM UK Diversified: 7,364,611 (6.526%) 
  Previous to this transaction, GAM UK Diversified had a position of 3,930,018 
  (3.482%), while another fund, GAM Exempt Trust, had a position of 3,434,593 
  (3.043%). GAM Exempt Trust has now sold its position to GAM UK Diversified 
  and has no holdings in Nestor Healthcare Group Plc anymore. 
------------------------------------------------------------------------------ 
 
 
 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: 
------------------------------------ 
 
 
 13. Additional information:      NONE 
-------------------------------  ---------------- 
 14. Contact name:                JEANNOT HUIJNEN 
-------------------------------  ---------------- 
 15. Contact telephone number:    020 7917 2254 
-------------------------------  ---------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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