Holding(s) in Company
February 24 2010 - 10:52AM
UK Regulatory
TIDMMOLE
RNS Number : 6296H
Baylon Holdings Limited
24 February 2010
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
+------------------------------------------+-----------+------------------+--------+
| 1. Identity of the issuer or the | Baylon Holdings Ltd |
| underlying issuer of existing shares to | |
| which voting rights are attached: | |
+------------------------------------------+---------------------------------------+
| 2 Reason for the notification (please tick the appropriate box or boxes): |
+----------------------------------------------------------------------------------+
| An acquisition or disposal of voting rights | Yes |
+-------------------------------------------------------------------------+--------+
| 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 | |
+-------------------------------------------------------------------------+--------+
| Other (please specify): | |
+-------------------------------------------------------------------------+--------+
| 3. Full name of person(s) subject to the | Oakwood Nominees Limited |
| notification obligation: | |
+------------------------------------------------------+---------------------------+
| 4. Full name of shareholder(s) (if different from | Oakwood Nominees Limited |
| 3.): | |
| | |
+------------------------------------------------------+---------------------------+
| 5. Date of the transaction and date on which the | 23/02/2010 |
| threshold is crossed or reached: | |
+------------------------------------------------------+---------------------------+
| 6. Date on which issuer notified: | 24/02/2010 |
+------------------------------------------------------+---------------------------+
| 7. Threshold(s) that is/are crossed or reached: | 9%-11% |
+------------------------------------------------------+---------------------------+
| | | | |
+------------------------------------------+-----------+------------------+--------+
+---------------+---------------------+--------+------+--+----+----+------+-------------------+----+------------+--------+-----------------------+---+-----+------------+
| 8. Notified details: |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering |
| of | to the triggering | transaction |
| shares | transaction | |
| if possible | | |
| using | | |
| the ISIN | | |
| CODE | | |
+ +---------------------------------------------------------+---------------------------------------------------------------------------------------------+
| | Number | Number | Number | Number of voting | % of |
| | of | of | of shares | rights | voting |
| | Shares | Voting | | | rights |
| | | Rights | | | |
+ + + +------------------------+---------------------------------------------+----------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
| | | | | | | | |
+---------------+----------------------------------------+----------------+------------------------+------------+--------------------------------+---------+------------+
| Participating | 12,500,000 | 12,500,000 | 16,500,000 | 16,500,000 | | 11.3% | |
| shares of NPV | | | | | | | |
| GB00B0T2CP59 | | | | | | | |
+---------------+ + + + + + + +
| | | | | | | | |
+---------------+----------------------------------------+----------------+------------------------+------------+--------------------------------+---------+------------+
| |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| B: Qualifying Financial Instruments |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Expiration | Exercise/ | Number of voting | % of voting |
| instrument | date | Conversion Period | rights that may be | rights |
| | | | 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 financial | Exercise | Expiration | Exercise/ | Number of voting | % of voting rights |
| instrument | price | date | Conversion | rights instrument | |
| | | | period | refers to | |
| | | | | | |
+-------------------------------------+---------------+------------+--------------------------+--------------------------+----------------------------------------------+
| | | | | | Nominal | Delta |
| | | | | | | |
+ + + + + +---------------------------------+------------+
| | | | | | | |
+-------------------------------------+---------------+------------+--------------------------+--------------------------+---------------------------------+------------+
| |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Total (A+B+C) |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+---------------------------------------------------------------------------------------------+-------------------------------------------------------------------------+
| 16,500,000 | 11.3% |
+---------------------------------------------------------------------------------------------+-------------------------------------------------------------------------+
| | | | | | | | | | | | | | | | |
+---------------+---------------------+--------+------+--+----+----+------+-------------------+----+------------+--------+-----------------------+---+-----+------------+
+------------------------------------------------+----------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or |
| the |
| financial instruments are effectively held, if applicable: |
+-----------------------------------------------------------------------------+
| |
+-----------------------------------------------------------------------------+
| |
+-----------------------------------------------------------------------------+
| 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: | Calculated based on |
| | 146,300,787 shares in |
| | issue |
+------------------------------------------------+----------------------------+
| 14. Contact name: | Chris D'Souza |
+------------------------------------------------+----------------------------+
| 15. Contact telephone number: | 0151 236 8200 |
+------------------------------------------------+----------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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