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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sovgem | LSE:SOV | London | Ordinary Share | GB00B03XLZ73 | ORD 0.001P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 16.00 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMSOV
RNS Number : 6624S
SovGEM Limited
21 May 2009
+-----------------------------------------+---------------------------------------+
| Press release | 21 May 2009 |
+-----------------------------------------+---------------------------------------+
SovGEM Limited
("SovGEM" or "the Company")
Notification of Interest
The Company was informed on 21 May 2009 that on 20 May 2009 Adelante Sovereign
High Yield Fund (previously Threadneedle Emerging Debt Crescendo Fund) sold
1,519,961 ordinary shares in the Company, representing 6.67% of the Company's
issued ordinary share capital, and no longer has an interest in the capital of
the Company.
- Ends -
For further information:
+-------------------------------------------------+------------------------------+
| SovGEM Limited | |
+-------------------------------------------------+------------------------------+
| Hugh de Lusignan, Chief Executive Officer | Tel: +44 (0) 20 7389 0655 |
+-------------------------------------------------+------------------------------+
| hdelusignan@sovereigngroup.com | www.sovgem.com |
+-------------------------------------------------+------------------------------+
NOMAD
+-------------------------------------------------+------------------------------+
| Smith & Williamson Corporate Finance Limited | |
+-------------------------------------------------+------------------------------+
| Azhic Basirov/Joanne Royden-Turner | Tel: +44 (0) 20 7131 4000 |
+-------------------------------------------------+------------------------------+
| corpfinance@smith.williamson.co.uk | www.smith.williamson.co.uk |
+-------------------------------------------------+------------------------------+
Broker
+-------------------------------------------------+------------------------------+
| Hanson Westhouse Limited | |
+-------------------------------------------------+------------------------------+
| Tim Metcalfe | Tel: +44 (0)20 7601 6100 |
+-------------------------------------------------+------------------------------+
| tim.metcalfe@hansonwesthouse.com | www.hansonwesthouse.com |
+-------------------------------------------------+------------------------------+
Media enquiries:
+-------------------------------------------------+------------------------------+
| Abchurch Communications Limited | |
+-------------------------------------------------+------------------------------+
| Charlie Jack / Jack Ballantyne | Tel: +44 (0) 20 7398 7714 |
+-------------------------------------------------+------------------------------+
| jack.ballantyne@abchurch-group.com | www.abchurch-group.com |
+-------------------------------------------------+------------------------------+
Notes to Editors
SovGEM Limited is an emerging market finance house incorporated in Jersey. Its
geographic investment focus includes China and other emerging markets. SovGEM
joined AIM in November 2004 (AIM: SOV).
The Company invests in high-growth companies, the majority of which are already
profitable. SovGEM has an extensive network of professional advisors and
associates giving the Company access to the small cap Chinese and other emerging
markets. The Company aims to realise profits by investing in these companies as
they undertake a major step change either through pre-IPO, listing or evolving
to a more senior financial market. These investments may comprise straight
equity or debt instruments with an equity conversion scheme.
Further information can be found at www.sovgem.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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