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Johnston Press PLC (JPR)

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Tuesday 03 June, 2008

Johnston Press PLC

Holding(s) in Company

RNS Number : 9068V
Johnston Press PLC
03 June 2008
 



TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

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

Johnston Press plc


2. Reason for the notification:

An acquisition of voting rights.


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

Ananda Krishnan Tatparanandam


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

UBS AG Singapore (nominee for Gromwell Limited)

UBS AG (nominee for EFL Limited)


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

30 May 2008


6. Date on which issuer notified:

3 June 2008


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

20%


8. Notified details:

Indirect interest in 63,973,976 voting rights attached to ordinary shares in Johnston Press plc of 10 pence each are held through nominees in which the following controlled undertakings have beneficial interests:


Gromwell Limited - 63,473,976 (19.84%) voting rights

EFL Limited - 500,000 (0.16%) voting rights


A: Voting rights attached to shares


Class / type of shares: Ordinary



Situation previous to the triggering transaction


Number of Shares: 500,000


Number of Voting Rights: 500,000



Situation after the triggering transaction 


Number of Voting Rights: 63,973,976 (Indirect)


% Voting Rights: 20% 



B: Financial Instruments

n/a


Total (A+B)


Number of Voting Rights: 63,973,976 (Indirect)

% Voting Rights: 20%


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


The voting rights attached to the ordinary shares in Johnston Press plc of 10 pence each in which I have a deemed interest are held by the following controlled undertakings:-


Gromwell Limited ('Gromwell') - 63,473,976 (19.84%) voting rights

EFL Limited ('EFL') - 500,000 (0.16%) voting rights


The chain of controlled undertakings through which the afore-mentioned voting rights are effectively held is as follows:-

Gromwell is a wholly-owned undertaking of Usaha Tegas Sdn Bhd ('UTSB').

EFL is a wholly-owned undertaking of Excorp Holdings Limited ('EHL').

Pacific States Investment Limited ('PSIL') has a direct controlling interest of 9,999,998 ordinary shares of RM1.00 each representing 99.999% of the issued share capital of UTSB.

The shares in PSIL are held 100% by Excorp Holdings N.V. ('Excorp').

The shares in Excorp and EHL are in turn held 100% by PanOcean Management Limited ('POML').

POML is the trustee of a discretionary trust, the beneficiaries of which are members my family and foundations including those for charitable purposes.

I am deemed to have an indirect interest in the shares of Johnston Press plc through certain related arrangements with the discretionary trust of which POML is the trustee, but individually I have no economic interest in such shares, as the interest is held subject to the terms of the discretionary trust, the beneficiaries of which do not include me.


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:

None

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