Holding(s) in Company (0624Z)
06 Januar 2011 - 7:19PM
UK Regulatory
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
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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
-----------------------------------------------------------------
An acquisition or disposal of instruments with similar
economic effect to qualifying financial instruments
-----------------------------------------------------------------
An event changing the breakdown of voting rights
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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
END
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