Holding(s) in Company
10 Dezember 2010 - 4:58PM
UK Regulatory
TIDMSAM
RNS Number : 7787X
Syndicate Asset Management PLC
10 December 2010
For immediate release:
Syndicate Asset Management plc
("Syndicate", "Company" or the "Group")
+------------+------------+------------+-------------+--------------+------+----------+---------+----------+
| TR-1: Notifications of Major Interests in Shares |
+----------------------------------------------------------------------------------------------------------+
| | |
| 1. Identity of the issuer or the underlying issuer | Syndicate Asset |
| of existing shares to which voting rights are | Management plc |
| attached: | |
+--------------------------------------------------------------------------+-------------------------------+
| |
| 2. Reason for notification (yes/no) |
+----------------------------------------------------------------------------------------------------------+
| | Yes |
| An acquisition or disposal of voting rights | |
+-----------------------------------------------------------------------------------------------+----------+
| | |
| 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):______________ | |
+-----------------------------------------------------------------------------------------------+----------+
| | Saffery Champness Trust |
| 3. Full name of person(s) subject to | Corporation as Trustee of the |
| notification obligation: | Jodi One Trust |
+-------------------------------------------------------------------+--------------------------------------+
| | As above |
| 4. Full name of shareholder(s) (if different | |
| from 3): | |
+-------------------------------------------------------------------+--------------------------------------+
| | |
| 5. Date of transaction (and date on which the | 09 December 2010 |
| threshold is crossed or reached if | |
| different): | |
+-------------------------------------------------------------------+--------------------------------------+
| | |
| 6. Date on which issuer notified: | 10 December 2010 |
+-------------------------------------------------------------------+--------------------------------------+
| | Below 3%; now 12.76% |
| 7. Threshold(s) that is/are crossed or | |
| reached: | |
+-------------------------------------------------------------------+--------------------------------------+
| |
| 8: Notified Details |
+----------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
| |
+----------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering |
| of shares | to the triggering | transaction |
| If | transaction | |
| possible | | |
| use ISIN | | |
| code | | |
+ +-------------------------+-------------------------------------------------------------------+
| | Number | Number | Number | Number of voting | Percentage of |
| | of | of | of | rights | voting rights |
| | shares | voting | shares | | |
| | | rights | | | |
+ + + + +--------------------------------+--------------------+
| | | | | | | | |
| | | | | Direct | Indirect | Direct | Indirect |
+------------+------------+------------+-------------+---------------------+----------+---------+----------+
| Ordinary | 50,145,600 | 50,145,600 | 230,145,600 | 230,145,600 | | | |
+------------+------------+------------+-------------+---------------------+----------+---------+----------+
| | | | | | | | | |
+------------+------------+------------+-------------+--------------+------+----------+---------+----------+
+------------+------------+-------------+----------------------+------------+
| B: Financial Instruments |
| |
+---------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+---------------------------------------------------------------------------+
| Type of | Expiration | Exercise/ | No. of voting | Percentage |
| financial | date | conversion | rights that | of voting |
| instrument | | period/date | may be | rights |
| | | | acquired (if | |
| | | | the | |
| | | | instrument | |
| | | | exercised/converted) | |
+------------+------------+-------------+----------------------+------------+
| N/A | | | | |
+------------+------------+-------------+----------------------+------------+
+---------------------------------+---------------------------------+
| Total (A+B) |
| |
+-------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+---------------------------------+---------------------------------+
| 230,145,600 | 12.76% |
+---------------------------------+---------------------------------+
+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting |
| rights and /or the financial instruments are effectively held, if |
| applicable: |
+-------------------------------------------------------------------+
| |
| Saffery Champness Trust Corporation as Trustee of the Jodi One |
| Trust |
+-------------------------------------------------------------------+
+---------------------------------+---------------------------------+
| Proxy Voting: |
| |
+-------------------------------------------------------------------+
| 10. Name of proxy holder: | N/A |
| | |
+---------------------------------+---------------------------------+
| 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: | N/A |
| | |
+---------------------------------+---------------------------------+
| 14 Contact name: | Helen Green |
| | |
+---------------------------------+---------------------------------+
| 15. Contact telephone number: | 01481 721 374 |
| | |
+---------------------------------+---------------------------------+
For further information please contact:
Syndicate Asset Management Plc
Jonathan Freeman (Group CEO) Tel: 020 7659 8060
Cenkos Securities plc
Stephen Keys/Julian Morse Tel: 020 7397
8900
GTH Communications
Toby Hall/Christian Pickel Tel: 020
3103 3903/3902
This information is provided by RNS
The company news service from the London Stock Exchange
END
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