Notification of Major Interest in Shares

 

TIDMVOC 
 
RNS Number : 1683S 
Vision Opportunity China Fund Ltd 
03 September 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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|                                                                                   | 
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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                                      |                                     | 
| 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   | City of London Investment Management        | 
| to the                              | Company Limited                             | 
| notification obligation: iii        |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 4. Full name of shareholder(s)      |                                             | 
|  (if different from 3.):iv          |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 5. Date of the transaction and date | 20 August, 2010                             | 
| on                                  |                                             | 
| which the threshold is crossed or   |                                             | 
| reached: v                          |                                             | 
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| 6. Date on which issuer notified:   | 3 September, 2010                           | 
+-------------------------------------+---------------------------------------------+ 
| 7. Threshold(s) that is/are crossed | From  23 % to 21 %                          | 
| 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                     | of                     |                                                  | 
|              | Shares                      | Voting             | shares                 | voting                 |                                                  | 
|              |                             | Rights             |                        | rights                 |                                                  | 
+              +                             +                    +------------------------+------------------------+--------------------------------------------------+ 
|              |                             |                    | Direct                 | Direct xi | Indirect   | Direct                           | Indirect      | 
|              |                             |                    |                        |           | xii        |                                  |               | 
+--------------+-----------------------------+--------------------+------------------------+-----------+------------+----------------------------------+---------------+ 
|              | 14,750,332                  | 14,750,332         | N / A                  |           | 14,200,332 |                                  | 21.45  %      | 
| GG00B28DJ748 |                             |                    |                        |           |            |                                  |               | 
|              |                             |                    |                        |           |            |                                  |               | 
+--------------+                             +                    +                        +           +            +                                  +               + 
|              |                             |                    |                        |           |            |                                  |               | 
+--------------+-----------------------------+--------------------+------------------------+-----------+------------+----------------------------------+---------------+ 
|                                                                                                                                                                      | 
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| 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                                                                    | 
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| Resulting situation after the triggering transaction                                                                                                                 | 
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial              | Exercise  | Expiration      | Exercise/                 | Number of voting               | % of voting rights                       | 
| instrument                     | price     | date xvii       | Conversion                | rights instrument              | xix, xx                                  | 
|                                |           |                 | period                    | refers to                      |                                          | 
|                                |           |                 | xviii                     |                                |                                          | 
+--------------------------------+-----------+-----------------+---------------------------+--------------------------------+------------------------------------------+ 
|                                |           |                 |                           |                                | Nominal                     | Delta      | 
+                                +           +                 +                           +                                +-----------------------------+------------+ 
|                                |           |                 |                           |                                |                             |            | 
+--------------------------------+-----------+-----------------+---------------------------+--------------------------------+-----------------------------+------------+ 
|                                                                                                                                                                      | 
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                                                                        | 
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Number of voting rights                                                                | Percentage of voting rights                                                 | 
+----------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+ 
| 14,200,332                                                                             | 21.45  %                                                                    | 
+----------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+ 
|              |                 |    |      |            |    |  |                      | |      |    |            |       |                     |    |  |            | 
+--------------+-----------------+----+------+------------+----+--+----------------------+-+------+----+------------+-------+---------------------+----+--+------------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the  | 
| financial instruments are effectively held, if applicable: xxi                  | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
|     All Voting Rights on all Shares are controlled by City of London Investment | 
|                                                             Management Limited. | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
| Proxy Voting:                                                                   | 
+---------------------------------------------------------------------------------+ 
| 10. Name of the proxy holder:                    | City of London Investment    | 
|                                                  | Management Company Limited   | 
+--------------------------------------------------+------------------------------+ 
| 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:          | Since the UK is not the home state, the  | 
|                                      | disclosure is being made with in 10      | 
|                                      | days, as per the prospectus as opposed   | 
|                                      | to 2 days if the UK was the home state.  | 
|                                      |                                          | 
+--------------------------------------+------------------------------------------+ 
| 14. Contact name:                    |                                          | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        |                                          | 
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|                                      |           |                              | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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