Holding(s) in Company
12 Abril 2010 - 10:59AM
UK Regulatory
TIDMACD TIDMMDS
RNS Number : 0483K
AcenciA Debt Strategies Limited
12 April 2010
ACENCIA DEBT STRATEGIES LIMITED
(Registered in Guernsey - Number 43787)
Registered Office:
2ND FLOOR, REGENCY COURT, GLATEGNY ESPLANADE,
ST PETER PORT, GUERNSEY GY1 3NQ
TELEPHONE: +44 1481 720321
FACSIMILE: +44 1481 716117
E-MAIL: Funds@bfgl.com
+-------------------------------+-------------------------------+
| For immediate release | 12 April 2010 |
+-------------------------------+-------------------------------+
The Company has today been notified of the following interest in its Shares.
+--------------+-------------------+--+------+----+----------+----------+----+--+----------------------+-+--+-------+----------+-----------+----+---------+----------+------+--------+
| TR1 - Notification of Major Interests in Shares |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are | ACENCIA DEBT STRATEGIES LTD |
| attached: ii | |
+------------------------------------------------------------------------------------------------------------------------------+-----------------------------------------------------+
| 2 Reason for the notification (please tick the appropriate box or boxes): |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| An acquisition or disposal of voting rights | no |
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------------+--------+
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which | no |
| voting rights are attached | |
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------------+--------+
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | no |
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------------+--------+
| An event changing the breakdown of voting rights | yes |
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------------+--------+
| Other (please specify): | | no |
+-------------------------------------+-------------------------------------------------------------------------------------------------------------------------------------+--------+
| 3. Full name of person(s) subject to the notification obligation: iii | Midas Capital Plc |
+-----------------------------------------------------------------------------------------------------------------------------------------------+------------------------------------+
| 4. Full name of shareholder(s) (if different from 3.):iv | See section 9 below. |
+-----------------------------------------------------------------------------------------------------------------------------------------------+------------------------------------+
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 07/04/2010 |
+-----------------------------------------------------------------------------------------------------------------------------------------------+------------------------------------+
| 6. Date on which issuer notified: | 08/04/2010 |
+-----------------------------------------------------------------------------------------------------------------------------------------------+------------------------------------+
| 7. Threshold(s) that is/are crossed or reached: vi, vii | Was 4.61%, Now 5.72% |
+-----------------------------------------------------------------------------------------------------------------------------------------------+------------------------------------+
| 8. Notified details: |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares viii, ix |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering transaction |
| of | to the triggering | |
| shares | transaction | |
| if possible | | |
| using | | |
| the ISIN | | |
| CODE | | |
+ +----------------------------------------------------------------+----------------------------------------------------------------------------------------------------+
| | Number | Number | Number | Number of voting | % of voting rights x |
| | of | of | of | rights | |
| | Shares | Voting | shares | | |
| | | Rights | | | |
+ + + +------------------------+---------------------------------+-----------------------------------------+
| | | | | Direct xi | Indirect | Direct | Indirect |
| | | | | | xii | | |
+--------------+----------------------------------+-----------------------------+------------------------+---------------------+-----------+-------------------------+---------------+
| GB00B0MSB420 | 8,750,000 | 8,750,000 | 8,750,000 | N/A | 8,750,000 | N/A | 5.72% |
+--------------+----------------------------------+-----------------------------+------------------------+---------------------+-----------+-------------------------+---------------+
| B: Qualifying Financial Instruments |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Expiration | Exercise/ | Number of voting | % of voting |
| instrument | date xiii | Conversion Period | rights that may be | rights |
| | | xiv | acquired if the | |
| | | | instrument is | |
| | | | exercised/ converted. | |
+--------------------------------------------+--------------------------+-----------------------------------+-----------------------------------+------------------------------------+
| | | | | |
+--------------------------------------------+--------------------------+-----------------------------------+-----------------------------------+------------------------------------+
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Exercise | Expiration date xvii | Exercise/ | Number of voting rights | % of voting rights xix, xx |
| instrument | price | | Conversion | instrument refers to | |
| | | | period | | |
| | | | xviii | | |
+----------------------------------+--------------+--------------------------+---------------------------+--------------------------------------+------------------------------------+
| | | | | | Nominal | Delta |
| | | | | | | |
+ + + + + +---------------------------+--------+
| | | | | | | |
+----------------------------------+--------------+--------------------------+---------------------------+--------------------------------------+---------------------------+--------+
| Total (A+B+C) |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+------------------------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+
| 8,750,000 | 5.72% |
+------------------------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| CF Midas Income Fund | Bank of New York Nominees Ltd a/c 392513 | 6,000,000 |
+------------------------------------------------------------+--------------------------------------------------------------------------------------------+--------------------------+
| Midas Income and Growth Trust | State Street Nominees Ltd a/c XCE3 | 1,750,000 |
+------------------------------------------------------------+--------------------------------------------------------------------------------------------+--------------------------+
| Segregated Account | Bank of New York Nominees Ltd a/c 156547 | 600,000 |
+------------------------------------------------------------+--------------------------------------------------------------------------------------------+--------------------------+
| Segregated Account | Bank of New York Nominees Ltd a/c 111359 | 400,000 |
+------------------------------------------------------------+--------------------------------------------------------------------------------------------+--------------------------+
| Proxy Voting: |
+------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| 10. Name of the proxy holder: | N/A |
+-------------------------------------------------------------------------------------------------------------------+----------------------------------------------------------------+
| 11. Number of voting rights proxy holder will cease to hold: | N/A |
+-------------------------------------------------------------------------------------------------------------------+----------------------------------------------------------------+
| 12. Date on which proxy holder will cease to hold voting rights: | N/A |
+-------------------------------------------------------------------------------------------------------------------+----------------------------------------------------------------+
| 13. Additional information: | Midas Capital Partners Ltd and Miton Asset Management Ltd are both |
| | subsidiaries of Midas Capital Plc |
+------------------------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+
| 14. Contact name: | Ian Borrows |
+------------------------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+
| 15. Contact telephone number: | 0151 906 2476 |
+------------------------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+
| | | | | | | | | | | | | | | | | | | | |
+--------------+-------------------+--+------+----+----------+----------+----+--+----------------------+-+--+-------+----------+-----------+----+---------+----------+------+--------+
Enquiries:
Company Secretary
Butterfield Fulcrum Group (Guernsey) Limited
2nd Floor
Regency Court
Glategny Esplanade
St Peter Port
Guernsey GY1 3NQ
Tel: 01481 720321
Fax: 01481 716117
This information is provided by RNS
The company news service from the London Stock Exchange
END
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