RNS Number : 6788G
  Equity Special Situations Limited
  24 October 2008
   

    TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

    1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
    Equity Special Situations Limited

    2. Reason for the notification (please state Yes/No): ( )
    An acquisition or disposal of voting rights: ( Yes )
    An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights
are attached: ( )
    An event changing the breakdown of voting rights: ( )
      Other (please specify): (   )  
       
    3. Full name of person(s) subject to the notification obligation (iii):
       Kaupthing Singer & Friedlander Ltd
    4. Full name of shareholder(s) (if different from 3.) (iv):

    Kaupthing Singer & Friedlander Ltd

    5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
         3 October 2008
    6. Date on which issuer notified:

    21 October 2008

    7. Threshold(s) that is/are crossed or reached:
       
   3.37%

    8. Notified details:


    A: Voting rights attached to shares

 Class/type of shares if               Situation previous to the Triggering transaction (vi)
 possible using the ISIN CODE
                                     Number of shares                Number of voting Rights (viii)
 GB00B02GPB12                                Below 3%                                      Below 3%

    Resulting situation after the triggering transaction (vii)   

 Class/type of shares if         Number of shares  Number of voting rights (ix)  % of voting rights
 possible using the ISIN CODE
                                                    Direct (x)    Indirect (xi)   Direct   Indirect
  GB00B02GPB12                            769,231      769,231                     3.37%
    
B: Financial Instruments
    Resulting situation after the triggering transaction (xii)
 Type of financial instrument  Expiration Date       Exercise/Conversion   Number of voting      % of voting rights
                               (xiii)                Period/Date (xiv)     rights that may be
                                                                           acquired if the
                                                                           instrument is
                                                                           exercised/
                                                                           converted.
 N/A                                            N/A                   N/A                   N/A                 N/A

    Total (A+B)
 Number of voting rights  % of voting rights
                 769,231               3.37%

    9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable
(xv):
    The shares are held in KSF ltd Crest account through Kaupthing, Singer & Friedlander Ltd.
    Kaupthing, Singer & Friedlander Limited is in administration. Kaupthing Singer & Friedlander Limited (the Company) was placed into
administration pursuant to a court order made on 8 October 2008. Margaret Elizabeth Mills, Patrick Joseph Brazzill, Thomas Merchant Burton
and Alan Robert Bloom were appointed joint administrators of the Company.

    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:

    Based on Issued Share Capital of 22,839,000

    14. Contact name:

    Kavita Thaker

    15. Contact number:

    0203 205 6621

    A: Identity of the person or legal entity subject to the notification obligation

    Full name:

    Kaupthing Singer & Friedland Ltd

Contact address 

    One Hanover Street
London
W1S 1AX

    Phone number:

    020 3205 6621  



This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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