Holding in Company (7821D)
March 29 2011 - 2:01AM
UK Regulatory
TIDMBRST
RNS Number : 7821D
Burst Media Corporation
29 March 2011
TR-1: Notifications of Major Interests in Shares
-------------------------------------------------
1. Identity of the issuer or the Burst Media Corp
underlying issuer of existing shares
to which voting rights are attached:
-------------------------------------------- ----------------------------
2. Reason for notification (yes/no)
--------------------------------------------------------------------------
An acquisition or disposal of voting rights Yes
--------------------------------------------------------------- ---------
An acquisition or disposal of financial instruments No
which may result in the acquisition of shares already
issued to which voting rights are attached
--------------------------------------------------------------- ---------
An event changing the breakdown of voting rights No
--------------------------------------------------------------- ---------
Other (please specify):______________ N/A
--------------------------------------------------------------- ---------
3. Full name of person(s) subject Dalton Strategic Partnership
to notification obligation: LLP
--------------------------------------- ---------------------------------
4. Full name of shareholder(s)
(if different from 3):
--------------------------------------- ---------------------------------
5. Date of transaction (and date 17(th) March 2011
on which the threshold is crossed
or reached if different):
--------------------------------------- ---------------------------------
6. Date on which issuer notified: 18(th) March 2011
--------------------------------------- ---------------------------------
7. Threshold(s) that is/are crossed Decreased to below 3% (EEA
or reached: Regulated Manager)
--------------------------------------- ---------------------------------
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 BRST
LN
----------- ----------------------- --------------------------------------------------
Number of Number Number Number of voting Percentage of
shares of voting of rights voting rights
4,148,013 Rights shares
Greater 0
than
5%
----------- ---------- ----------- ------- ------------------ ---------------------
Direct Indirect Direct Indirect
0 0%
----------- ---------- ----------- ------- ------- --------- ------- ------------
B: Financial Instruments
------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------
Type of Expiration Exercise/ No. of voting rights Percentage
financial date conversion that may be acquired of voting
instrument period/date (if the instrument rights
exercised/converted)
-------------- ----------- ------------- --------------------- -----------
Total (A+B)
------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------ ----------------------------
0 0%
------------------------ ----------------------------
9. Chain of controlled undertakings through which the voting
rights and /or the financial instruments are effectively held,
if applicable:
----------------------------------------------------------------
Shares were held on behalf of Melchior UK Opportunities Fund
and the MST UK Fund.
----------------------------------------------------------------
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: Katy Mann
----------------------------- --------------
15. Contact telephone name: 0207 367 5400
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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