Print   

Monday 28 April, 2008

Orchid Developments

Holding(s) in Company

Orchid Developments Group Ltd
28 April 2008



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):


ORCHID DEVELOPMENTS GROUP LIMITED





2. Reason for the notification (please state (Yes/No):



An acquisition or disposal of voting rights: (  YES )



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) : ()



3. Full name of person(s) subject to the notification obligation (iii):



FIDELITY INTERNATIONAL LIMITED (FIL)



4. Full name of shareholder(s) (if different from 3.) (iv):


BROWN BROS HARRIMAN LTD LUX - 3,612,700

BROWN BROS HARRIMAN & CO    -   130,800




5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):


17 APRIL 2008



6. Date on which issuer notified:


25 APRIL 2008



7. Threshold(s) that is/are crossed or reached:


5%



8. Notified details:





A: Voting rights attached to shares


Class/type of shares if possible           Situation previous to the Triggering transaction (vi)
using the ISIN CODE
                                  Number of shares                   Number of voting Rights (viii)


KYG6791JP1072                     3,876,000                          3,876,000




Resulting situation after the triggering transaction (vii)


Class/type of shares if      Number of shares         Number of voting rights (ix)      % of voting rights
possible using the ISIN CODE
                                                      Direct (x)   Indirect (xi)        Direct      Indirect


KYG6791JP1072                3,743,500                N/A          3,743,500            N/A         4.94



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.


N/A             N/A                   N/A                       N/A                         N/A





Total (A+B)

Number of voting rights        % of voting rights


3,743,500                      4.94



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):


BROWN BROS HARRIMAN LTD LUX - 3,612,700

BROWN BROS HARRIMAN & CO    -   130,800




Proxy Voting:



10. Name of the proxy holder:


FIL Limited (FIL)



11. Number of voting rights proxy holder will cease to hold:


124,100 shares



12. Date on which proxy holder will cease to hold voting rights:


17April 2008



13. Additional information:

NONE



14. Contact name:


David Merryweather



15. Contact telephone number:


Fil-regulatoryreporting@uk.fid-intl.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange

Investegate takes no responsibility for the accuracy of the information within the site.


The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filitered from this site.



Investegate      © 2012 FE. All rights reserved.