Holding(s) in Company
04 Setembro 2003 - 6:57AM
UK Regulatory
RNS Number:3831P
London Forfaiting Company PLC
04 September 2003
To: The Directors
London Forfaiting Company Plc
International House
1 St. Katherine's Way
London E1W 1XA
2 September 2003
Dear Sirs
1 Notification concerning interests in shares
1.1 This notification is sent by FIMBank (UK) Limited, on behalf of itself
and the persons set out in paragraphs 1.2.1 to 1.2.5 below, for the
purposes stated in paragraph 1.2 below.
1.2 The persons set out below (the "Interested Persons") hereby give notice
to London Forfaiting Company Plc ("LFC") pursuant to, and for the
express purpose of discharging the disclosure obligations stipulated
by, the provisions of sections 198 to 202 of the Companies Act 1985
(the "Act"), of the matters referred to in paragraph 3 below
arising out of the transaction referred to in paragraph 2.2 below.
1.2.1 FIMBank (UK) Limited ("FIMBank UK");
1.2.2 First International Merchant Bank p.l.c ("FIMBank plc");
1.2.3 Global Financial Holdings NV ("GFH");
1.2.4 Kuwaiti Interests for Financial Investments ("KIFI"); and
1.2.5 Kuwaiti Interests for Development Holding KSC ("KIDH").
1.3 The registered addresses of each of the Interested Persons are as
follows:
1.3.1 FIMBank (UK) Limited
134 Wigmore Street,
London W1U 3SE
1.3.2 First International Merchant Bank plc
7th Floor,
The Plaza Commercial Centre,
Bisazza Street,
Sliema, SLM15
Malta
1.3.3 Global Financial Holdings NV
Caracasbaaiweg 199,
Curacao,
Netherlands,
Antilles
1.3.4 Kuwaiti Interests for Financial Investments
Chamber of Commerce Building,
3rd Floor,
P.O. Box 719 Al Safat,
Zip Code 13008
Kuwait
1.3.5 Kuwaiti Interests for Development Holding KSC
The Kuwait Chamber of Commerce Building
3rd Floor
Al-Shuahada Street
Sharq Commercial Area
9 Kuwait
2 The Transaction
2.1 For your information, FIMBank UK is a wholly owned subsidiary of FIMBank
plc. GFH owns a 33.91 per cent. shareholding in FIMBank plc, and is a
wholly-owned subsidiary of KIFI. KIFI is a family investment company and
is owned as to 99.4 per cent by KIDH.
2.2 On 22 July 2003, WestLB Panmure Limited ("WestLB") made an offer (the
"Offer") on behalf of FIMBank UK to acquire the entire issued and to be
issued share capital of LFC. The Offer was declared unconditional in all
respects on 28 August 2003.
3 Levels of shareholdings
3.1 By virtue of (i) acceptances of the Offer and (ii) purchases by FIMBank
UK of ordinary shares of 40 pence each comprised in the relevant share
capital of LFC ("LFC Shares"), as at 2 September 2003 each of the
Interested Persons are interested in 72,762,725 LFC Shares.
None of the LFC Shares in which any of the Interested Persons is
interested is by virtue of section 208(5) of the Act.
3.2 These LFC shares are registered as follows:-
3.2.1 the 70,537,725 LFC Shares assented to the Offer remain registered in the
names of the shareholders who have accepted the Offer;
3.2.2 725,000 of the LFC Shares purchased by FIMBank UK are registered in its
name; and
3.2.3 1,500,000 LFC Shares purchased by FIMBank UK will, pending settlement,
be registered in its name.
Yours faithfully
FIMBank (UK) Limited
First International Merchant Bank plc
Global Financial Holdings NV
Kuwaiti Interests for Financial Investments
Kuwaiti Interests for Development Holdings KSC
This information is provided by RNS
The company news service from the London Stock Exchange
END
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