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Friday 12 February, 2010

Radicle Projects Plc

Holding(s) in Company

RNS Number : 0730H
Radicle Projects Plc
12 February 2010
 



 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

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

 

  Radicle Projects plc

 

2 Reason for the notification (please tick the appropriate box or boxes):

 

An acquisition or disposal of voting rights


 

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


 

An event changing the breakdown of voting rights

X

 

Other (please specify):

  Increase in issued share capital


 

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

 

RAB CAPITAL PLC ACTING AS DISCRETIONARY MANAGER OF RAB SPECIAL SITUATIONS (MASTER) FUND LIMITED

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

 

CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED    

5. Date of the transaction and date on which the threshold is crossed or reached:

 

5 February 2010

6. Date on which issuer notified:

 

10 February 2010

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

 

 

 13%, 12%, 11%, 10%, 5%



 

8. Notified details:

A: Voting rights attached to shares

 

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect

 GB00B0996108

2,665,000

2,665,000

n/a

n/a

2,565,000

n/a

4.53%


 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Expiration
date

Exercise/
Conversion
Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

 

% of voting
rights






 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Exercise
price

Expiration
date

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

 






Nominal

Delta

 



 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

2,565,000

4.53%

 

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

RAB Capital plc acts as investment manager for RAB SPECIAL SITUATIONS (MASTER) FUND LIMITED. RAB Capital plc does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED

 

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:

 


n/a

14. Contact name:

 

LEGAL TEAM

15. Contact telephone number:

 

020 7389 7000

 


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