Holding(s) in Company
06 Juni 2003 - 7:50PM
UK Regulatory
RNS Number:0594M
Thistle Hotels PLC
06 June 2003
THISTLE HOTELS PLC
6 JUNE 2003
Thistle Hotels Plc ("the Company")
NOTIFICATION OF MAJOR INTEREST IN SHARES
On 1 May 2003, BIL International Limited ("BIL") announced that the offer (the
"Offer") made by HSBC Bank plc on behalf of BIL (UK) Limited ("BIL (UK)") for
the entire issued share capital of the Company not already owned by the BIL
group had been declared unconditional in all respects. The Offer has been
recommended by the Company's board.
Further to that announcement, the Company received a further notification from
BIL on 6 June 2003 such that, as a result of valid acceptances having been
received in respect of a total of 908,089 ordinary shares in the Company as at
3.00pm on 5 June 2003, BIL is interested in a total of 459,168,173 ordinary
shares in the Company.
Class of security: Ordinary shares of 25 13/20 pence
Name of person having a major BIL International Limited through its
interest: wholly-owned subsidiaries BIL (UK) and
Ableton Holdings Limited
Date of notice to company: 06/06/03
Date of change in interest: from 03/06/03 up to and including 05/06/03
as a result of acceptances of the Offer
Names of registered holders and Ableton Holdings Limited
number of shares held by each: 221,094,639 ordinary shares
BIL (UK) Limited or persons who have
accepted the Offer
238,073,534 ordinary shares
Change in the number of shares 908,089
in which the substantial
shareholder is interested:
Relevant percentage of the 0.19%
issued class of security:
Total holding of the substantial 459,168,173
shareholder following this
notification:
Total percentage holding of the 95.19%
substantial shareholder
following this notification:
Name of contact and telephone Ian Cattermole
number for queries: 020 7895 2000
In its notifications to the Company, BIL indicated that the terms of engagement
between BIL (UK) and Capita IRG Plc, in its capacity as receiving and escrow
agent for the purposes of the Offer, may constitute an agreement for the
purposes of section 204 of the Companies Act 1985 in relation to shares which
are the subject of acceptances of the Offer.
Submitted by Ian Cattermole, Company Secretary, on behalf of Thistle Hotels Plc
This information is provided by RNS
The company news service from the London Stock Exchange
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