MOLE Baylon Hldgs

 

TIDMMOLE 
 
RNS Number : 1254G 
Baylon Holdings Limited 
26 January 2010 
 

 
TR-1: notification of major interests in shares 
 
+------------------------------------------------+-----------+-----------+-----------+ 
| 1. Identity of the issuer or the underlying    |BAYLON HOLDINGS LIMITED FORMERLY   | 
| issuer of existing shares to which voting      |        MOLECTRA GROUP LTD         | 
| 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      |          v            | 
| rights in issue                                            |                       | 
+------------------------------------------------------------+-----------------------+ 
| 3. Full name of person(s) subject to the       | NIGEL WILLIAM WRAY                | 
| notification obligation:                       |                                   | 
+------------------------------------------------+-----------------------------------+ 
| 4. Full name of shareholder(s) (if different   | PERSHING NOMINEES LIMITED         | 
| from 3.):                                      | PIHL EQUITY LLP                   | 
+------------------------------------------------+-----------------------------------+ 
| 5. Date of the transaction (and date on which  | 22 JANUARY 2010                   | 
| the threshold is crossed or reached if         |                                   | 
| different):                                    |                                   | 
+------------------------------------------------+-----------------------------------+ 
| 6. Date on which issuer notified:              | 25 JANUARY 2010                   | 
+------------------------------------------------+-----------------------------------+ 
| 7. Threshold(s) that is/are crossed or         | 10% to 12% change at direct       | 
| reached:                                       | interest level                    | 
+------------------------------------------------+-----------------------------------+ 
| 8. Notified details:                           |  N/A                  | 
+------------------------------------------------+-----------+-----------+-----------+ 
 
 
+---------------+-------------+-------------+------------+-----------+-------------+----------+-----------+ 
| A: Voting rights attached to shares                                                                     | 
+---------------------------------------------------------------------------------------------------------+ 
| Class/type    | Situation previous        | Resulting situation after the triggering transaction        | 
| of shares     | to the Triggering         |                                                             | 
| if            | transaction               |                                                             | 
| possible      |                           |                                                             | 
| using the     |                           |                                                             | 
| ISIN CODE     |                           |                                                             | 
+               +---------------------------+-------------------------------------------------------------+ 
|               | Number of   | Number      | Number     | Number of voting        | % of voting rights   | 
|               | Shares      | of          | of         | rights                  |                      | 
|               |             | Voting      | shares     |                         |                      | 
|               |             | Rights      |            |                         |                      | 
+               +             +             +------------+-------------------------+----------------------+ 
|               |             |             | Direct     | Direct    | Indirect    | Direct   | Indirect  | 
+---------------+-------------+-------------+------------+-----------+-------------+----------+-----------+ 
|  ORDINARY     |  18,126,366 |  18,126,366 |  626,366   |  626,366  |  17,500,000 |  0.428%  |  11.96%   | 
|  SHARES       |             |             |            |           |             |          |           | 
|  GB00B0T2CP59 |             |             |            |           |             |          |           | 
+---------------+-------------+-------------+------------+-----------+-------------+----------+-----------+ 
 
 
+----------------+------------+-------------------+--------------------+------------+ 
| B: Financial Instruments                                                          | 
+-----------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                              | 
+-----------------------------------------------------------------------------------+ 
| Type of        | Expiration | Exercise/         | Number of voting   | % of       | 
| financial      | date       | Conversion        | rights that may be | voting     | 
| instrument     |            | Period/ Date      | acquired if the    | rights     | 
|                |            |                   | instrument is      |            | 
|                |            |                   | exercised/         |            | 
|                |            |                   | converted.         |            | 
+----------------+------------+-------------------+--------------------+------------+ 
|                |            |                   |                    |            | 
+----------------+------------+-------------------+--------------------+------------+ 
 
 
+--------------------+--------------------+--------------------+--------------------+ 
| Total (A+B)                                                                       | 
+-----------------------------------------------------------------------------------+ 
| Number of voting rights                 | % of voting rights                      | 
+-----------------------------------------+-----------------------------------------+ 
| 18,126,366 including 17,500,000 held by | 12.39%                                  | 
| 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 (former name Molectra Group 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 will   | N/A                        | 
| cease to hold:                                  |                            | 
+-------------------------------------------------+----------------------------+ 
| 12. Date on which proxy holder will cease to    | N/A                        | 
| hold voting rights:                             |                            | 
+-------------------------------------------------+----------------------------+ 
 
 
+---------------------------------+--------------------------------------------+ 
| 13. Additional information:     | Figures are based on a revised total       | 
|                                 | number of voting rights of 146,300,787     | 
+---------------------------------+--------------------------------------------+ 
| 14. Contact name:               | Nigel Wray                                 | 
+---------------------------------+--------------------------------------------+ 
| 15. Contact telephone number:   | 020 7647 7657                              | 
+---------------------------------+--------------------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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