Notification of Major Interest in Shares

 

TIDMVOC 
 
RNS Number : 9265I 
Vision Opportunity China Fund Ltd 
22 March 2010 
 

 
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| For filings with the FSA include the   |                                          | 
| annex                                  |                                          | 
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| For filings with issuer exclude the    |                                          | 
| annex                                  |                                          | 
+----------------------------------------+------------------------------------------+ 
|                                                                                   | 
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                   | 
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|                                             |                                     | 
+---------------------------------------------+-------------------------------------+ 
| 1. Identity of the issuer or the underlying | Vision Opportunity China Fund       | 
| issuer                                      | Limited                             | 
| of existing shares to which voting rights   |                                     | 
| are                                         |                                     | 
| attached: ii                                |                                     | 
+---------------------------------------------+-------------------------------------+ 
| 2 Reason for the notification (please tick the appropriate box or boxes):         | 
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| An acquisition or disposal of voting rights                              |   X    | 
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| An acquisition or disposal of qualifying financial instruments which may |        | 
| result in the acquisition of shares already issued to which voting       |        | 
| rights are attached                                                      |        | 
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| An acquisition or disposal of instruments with similar economic effect   |        | 
| to qualifying financial instruments                                      |        | 
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| An event changing the breakdown of voting rights                         |        | 
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| Other (please  |                                                         |        | 
| specify):      |                                                         |        | 
+----------------+---------------------------------------------------------+--------+ 
| 3. Full name of person(s) subject   | Carrousel Capital Limited                   | 
| to the                              |                                             | 
| notification obligation: iii        |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 4. Full name of shareholder(s)      | The Carrousel Fund Limited                  | 
|  (if different from 3.):iv          |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 5. Date of the transaction and date | 18 March 2010                               | 
| on                                  |                                             | 
| which the threshold is crossed or   |                                             | 
| reached: v                          |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 6. Date on which issuer notified:   | 19 March 2010                               | 
+-------------------------------------+---------------------------------------------+ 
| 7. Threshold(s) that is/are crossed | Reduced below 5%.                           | 
| or                                  |                                             | 
| reached: vi, vii                    |                                             | 
+-------------------------------------+---------------------------------------------+ 
|                |                    |  |    |                            |        | 
+----------------+--------------------+--+----+----------------------------+--------+ 
 
+--------------+-------------+----+------+----------+-------------+----+--+---------------------+--+------+----+-----------+----------+----------------------+----+-+------------+ 
| 8. Notified details:                                                                                                                                                           | 
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| A: Voting rights attached to shares viii, ix                                                                                                                                   | 
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| Class/type   | Situation previous                                       | Resulting situation after the triggering transaction                                                 | 
| of           | to the triggering                                        |                                                                                                      | 
| shares       | transaction                                              |                                                                                                      | 
| if possible  |                                                          |                                                                                                      | 
| using        |                                                          |                                                                                                      | 
| the ISIN     |                                                          |                                                                                                      | 
| CODE         |                                                          |                                                                                                      | 
+              +----------------------------------------------------------+------------------------------------------------------------------------------------------------------+ 
|              | Number                             | Number              | Number                 | Number                | % of  voting rights x                               | 
|              | of                                 | of                  | of shares              | of                    |                                                     | 
|              | Shares                             | Voting              |                        | voting                |                                                     | 
|              |                                    | Rights              |                        | rights                |                                                     | 
+              +                                    +                     +------------------------+-----------------------+-----------------------------------------------------+ 
|              |                                    |                     | Direct                 | Direct xi | Indirect  | Direct                               | Indirect     | 
|              |                                    |                     |                        |           | xii       |                                      |              | 
+--------------+------------------------------------+---------------------+------------------------+-----------+-----------+--------------------------------------+--------------+ 
| GG00B28DJ748 | 3,366,828                          | 3,366,828           | 3,266,828              |           | 3,266,828 |                                      | 4.94%        | 
+--------------+                                    +                     +                        +           +           +                                      +              + 
|              |                                    |                     |                        |           |           |                                      |              | 
+--------------+------------------------------------+---------------------+------------------------+-----------+-----------+--------------------------------------+--------------+ 
|                                                                                                                                                                                | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                                                                            | 
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| Resulting situation after the triggering transaction                                                                                                                           | 
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| Type of financial               | Expiration                    | Exercise/                             | Number of voting                                 | % of voting       | 
| instrument                      | date xiii                     | Conversion Period                     | rights that may be                               | rights            | 
|                                 |                               | xiv                                   | 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                                                                                                                           | 
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| Type of financial          | Exercise  | Expiration date             | Exercise/              | Number of voting rights             | % of voting rights                       | 
| instrument                 | price     | xvii                        | Conversion             | instrument refers to                | xix, xx                                  | 
|                            |           |                             | period                 |                                     |                                          | 
|                            |           |                             | xviii                  |                                     |                                          | 
+----------------------------+-----------+-----------------------------+------------------------+-------------------------------------+------------------------------------------+ 
|                            |           |                             |                        |                                     | Nominal                     | Delta      | 
|                            |           |                             |                        |                                     |                             |            | 
+                            +           +                             +                        +                                     +-----------------------------+------------+ 
|                            |           |                             |                        |                                     |                             |            | 
+----------------------------+-----------+-----------------------------+------------------------+-------------------------------------+-----------------------------+------------+ 
|                                                                                                                                                                                | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                                                                                  | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Number of voting rights                                                                       | Percentage of voting rights                                                    | 
+-----------------------------------------------------------------------------------------------+--------------------------------------------------------------------------------+ 
| 3,266,828                                                                                     | 4.94%                                                                          | 
+-----------------------------------------------------------------------------------------------+--------------------------------------------------------------------------------+ 
|              |             |    |      |          |             |    |  |                     |  |      |    |           |          |                      |    | |            | 
+--------------+-------------+----+------+----------+-------------+----+--+---------------------+--+------+----+-----------+----------+----------------------+----+-+------------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the  | 
| financial instruments are effectively held, if applicable: xxi                  | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
| 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:          |                                          | 
+--------------------------------------+------------------------------------------+ 
| 14. Contact name:                    |                                          | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        |                                          | 
+--------------------------------------+------------------------------------------+ 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
|                                      |           |                              | 
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