TR-1 Notification of Major Interest In Shares
July 08 2008 - 2:00AM
UK Regulatory
RNS Number : 5186Y
Bulgarian Property DevelopmentsPLC
08 July 2008
FOR RELEASE 07.00 08 July
2008
TR-1i: Notification of Major Interests in Shares
Bulgarian Property Developments Plc
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached ii:
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):______________
3. Full name of person(s) Carrousel Capital Ltd
subject to notification Investment Manager
obligation iii:
4. Full name of shareholder(s) The Carrousel Fund Ltd and
(if different from 3)iv: The Carrousel Fund II Ltd
5. Date of transaction (and 02 July 2008
date on which the threshold is
crossed or reached if
different)v:
6. Date on which issuer 07 July 2008
notified:
7. Threshold(s) that is/are 3.28%
crossed or reached:
8. Notified details:
A: Voting rights attached to shares
Class/type of shares Situation previous to the triggering Resulting situation after the triggering transaction vii
If possible use ISIN transaction vi
code
Number of shares Number of voting Number of shares Number of voting rights ix Percentage of voting
rights viii rights
Direct Direct x Indirect xi Direct Indirect
GB00B058TT05 N/A N/A 3,500,000 3,500,000 3.28%
B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of financial instrument Expiration date xiii Exercise/ conversion No. of voting rights Percentage of voting
period/date xiv that may be acquired rights
(if the instrument
exercised/converted)
Total (A+B)
Number of voting rights Percentage of voting rights
3,500,000 3.28%
9. Chain of controlled undertakings through which the voting rights and /or
the financial instruments are effectively held, if applicable xv:
Carrousel Capital Ltd's Prime Broker - JP Morgan - hold the shares in
nominees accounts.
Proxy Voting:
10. Name of 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:
14 Contact name: Valeria Di Profio
15. Contact telephone name: 020 7758 8003
Notes
i This form is to be sent to the issuer or underlying issuer and to be filed with the competent authority.
ii Either the full name of the legal entity or another method for identifying the issuer or underlying issuer,
provided it is reliable and accurate.
iii This should be the full name of (a) the shareholder; (b) the person acquiring, disposing of or exercising
voting rights in the cases provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in
DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments entitled to acquire shares already
issued to which voting rights are attached, as appropriate.
In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the following list is provided as
indication of the persons who should be mentioned:
- in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the voting rights and is entitled
to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for
consideration the voting rights;
- in the circumstances foreseen in DTR 5.2.1 (c), the person holding the collateral, provided the person
or entity controls the voting rights and declares its intention of exercising them, and person lodging the
collateral under these conditions;
- in the circumstances foreseen in DTR5.2.1(d), the person who has a life interest in shares if that person
is entitled to exercise the voting rights attached to the shares and the person who is disposing of the voting rights
when the life interest is created;
- in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and, provided it has a
notification duty at an individual level under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any
of those situations, the controlled undertaking;
- in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the shares, if he can exercise the
voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing
the deposit taker to exercise the voting rights at his discretion;
- in the circumstances foreseen in DTR5.2.1 (g), the person that controls the voting rights;
- in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can exercise the voting rights at
his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise
the voting rights at his discretion.
iv Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should be the full name of the
shareholder or holder of financial instruments who is the counterparty to the natural person or legal entity
referred to in DTR5.2.
v The date of the transaction should normally be, in the case of an on exchange transaction, the date on
which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an
agreement.
The date on which threshold is crossed should normally be the date on which the acquisition, disposal or
possibility to exercise voting rights takes effect (see DTR 5.1.1R (3)). For passive crossings, the date when the
corporate event took effect.
These dates will usually be the same unless the transaction is subject to a condition beyond the control of the
parties.
vi Please refer to the situation disclosed in the previous notification, In case the situation previous to the
triggering transaction was below 3%, please state 'below 3%'.
vii If the holding has fallen below the minimum threshold , the notifying party should not be obliged to disclose
the extent of the holding, only that the new holding is less than 3%.
For the case provided for in DTR5.2.1(a), there should be no disclosure of individual holdings per party to the
agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into,
introducing changes to or terminating an agreement.
viii Direct and indirect
ix In case of combined holdings of shares with voting rights attached 'direct holding' and voting rights
'indirect holdings', please split the voting rights number and percentage into the direct and indirect columns-if
there is no combined holdings, please leave the relevant box blank.
X Voting rights attached to shares in respect of which the notifying party is a direct shareholder (DTR
5.1)
xi Voting rights held by the notifying party as an indirect shareholder (DTR 5.2.1)
xii If the holding has fallen below the minimum threshold, the notifying party should not be obliged to
disclose the extent of the holding, only that the new holding is below 3%.
xiii date of maturity / expiration of the finical instrument i.e. the date when the right to acquire shares ends.
xiv If the financial instrument has such a period-please specify the period- for example once every three
months starting from the [date]
xv The notification should include the name(s) of the controlled undertakings through which the voting
rights are held. The notification should also include the amount of voting rights and the percentage held by each
controlled undertaking, insofar as individually the controlled undertaking holds 3% or more, and insofar as the
notification by the parent undertaking is intended to cover the notification obligations of the controlled
undertaking.
xvi This annex is only to be filed with the competent authority.
xvii Whenever another person makes the notification on behalf of the shareholder or the natural
person/legal entity referred to in DTR5.2 and DTR5.3.
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLSSMFWWSASELW
Bulgarian Property Developments (LSE:BPD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Bulgarian Property Developments (LSE:BPD)
Historical Stock Chart
From Jul 2023 to Jul 2024
