Holding(s) in Company
March 08 2010 - 4:33AM
UK Regulatory
TIDMMOLE
RNS Number : 2186I
Baylon Holdings Limited
08 March 2010
TR-1:notification of major interests in shares
+--------------+-----------------+----+-------+-------+-------------+-----------+-------+----+---------+-------+---+----------+
| 1. Identity of the issuer or the underlying issuer of existing | BAYLON HOLDINGS LIMITED |
| 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 | |
+--------------------------------------------------------------------------------------------------------------+--------------+
| 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):Change to the number of voting rights in issue | v |
+--------------------------------------------------------------------------------------------------------------+--------------+
| 3. Full name of person(s) subject to the notification | NIGEL WILLIAM WRAY |
| obligation: | |
+---------------------------------------------------------------------------------------+-------------------------------------+
| 4. Full name of shareholder(s) (if different from 3.): | PERSHING NOMINEES LIMITED |
| | PIHL EQUITY LLP |
+---------------------------------------------------------------------------------------+-------------------------------------+
| 5. Date of the transaction (and date on which the threshold is | 5 MARCH 2010 |
| crossed or reached if different): | |
+---------------------------------------------------------------------------------------+-------------------------------------+
| 6. Date on which issuer notified: | 5 MARCH 2010 |
+---------------------------------------------------------------------------------------+-------------------------------------+
| 7. Threshold(s) that is/are crossed or reached: | 12% to 3% change at direct |
| | interest level |
+---------------------------------------------------------------------------------------+-------------------------------------+
| 8. Notified details: | N/A | |
+---------------------------------------------------------------------------------------+--------------------------+----------+
| |
+-----------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
+-----------------------------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous to the | Resulting situation after the triggering transaction |
| of shares | Triggering transaction | |
| if | | |
| possible | | |
| using the | | |
| ISIN CODE | | |
+ +--------------------------------------+-----------------------------------------------------------------------+
| | Number of Shares | Number of | Number | Number of voting | % of voting rights |
| | | Voting | of | rights | |
| | | Rights | shares | | |
+ + + +-------------+------------------------+--------------------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
+--------------+----------------------+---------------+-------------+-----------+------------+---------+----------------------+
| ORDINARY | 18,126,366 | 18,126,366 | 626,366 | 626,366 | 17,500,000 | 0.115% | 3.24% |
| SHARES | | | | | | | |
| GB00B0T2CP59 | | | | | | | |
+--------------+----------------------+---------------+-------------+-----------+------------+---------+----------------------+
| B: Financial Instruments |
+-----------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+-----------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Expiration | Exercise/ Conversion | Number of voting | % of voting |
| instrument | date | Period/ Date | rights that may | rights |
| | | | be acquired if | |
| | | | the instrument | |
| | | | is exercised/ | |
| | | | converted. | |
+--------------------------------+------------+---------------------------------+----------------------+----------------------+
| | | | | |
+--------------------------------+------------+---------------------------------+----------------------+----------------------+
| | | | | | | | | | | | | |
+--------------+-----------------+----+-------+-------+-------------+-----------+-------+----+---------+-------+---+----------+
+--------------------------------+----------------------------------+
| Total (A+B) |
+-------------------------------------------------------------------+
| Number of voting rights | % of voting rights |
+--------------------------------+----------------------------------+
| 18,126,366 including | 3.35% |
| 17,500,000 held by PIHL Equity | |
| LLP, a partnership in which Mr | |
| Wray controls or is | |
| beneficially interested in | |
| 44.99% of the partnership | |
| capital | |
+--------------------------------+----------------------------------+
+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting |
| rights and/or the financial instruments are effectively held, if |
| applicable: |
+-------------------------------------------------------------------+
| Nigel William Wray has a beneficial interest in shares in Baylon |
| Holdings Ltd held by the following nominees |
| Pershing Nominees Limited 626,366 |
| In addition Mr Nigel William Wray controls or is beneficially |
| interested in 44.99% of the partnership capital of PIHL Equity |
| LLP which owns 17,500,000 ordinary shares in Baylon Holdings Ltd |
| (former name Molectra Group Ltd) |
+-------------------------------------------------------------------+
+------------------------------------------+------------------------+
| Proxy Voting: |
+-------------------------------------------------------------------+
| 10. Name of the proxy holder: | N/A |
+------------------------------------------+------------------------+
| 11. Number of voting rights proxy holder | N/A |
| will cease to hold: | |
+------------------------------------------+------------------------+
| 12. Date on which proxy holder will | N/A |
| cease to hold voting rights: | |
+------------------------------------------+------------------------+
+----------------------------+--------------------------------------+
| 13. Additional | Figures are based on a revised total |
| information: | number of voting rights of |
| | 540,582,803 |
+----------------------------+--------------------------------------+
| 14. Contact name: | Nigel Wray |
+----------------------------+--------------------------------------+
| 15. Contact telephone | 020 7647 7647 |
| number: | |
+----------------------------+--------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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