Holding(s) in Company

RNS Number : 3886O

Aseana Properties Limited

27 May 2015

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

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

Aseana Properties Ltd

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		X
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
Other (please specify):

3. Full name of person(s) subject to the notification obligation: iii	LIM Asia Multi-Strategy Fund Inc. and LIM Asia Special Situations Master Fund Limited
4. Full name of shareholder(s) (if different from 3.): iv
5. Date of the transaction and date on which the threshold is crossed or reached: v	22 May 2015
6. Date on which issuer notified:	27 May 2015
7. Threshold(s) that is/are crossed or reached: vi, vii	15%, 16%, 17% and 18%

8. Notified details:
A: Voting rights attached to shares viii, ix
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 x
			Direct	Direct xi	Indirect xii	Direct	Indirect
Ordinary shares (ASPL LN)	30,464,026	30,464,026			39,114,226		18.45%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A	N/A	N/A	N/A	N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
N/A	N/A	N/A	N/A	N/A	Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
39,114,226	18.45%

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

LIM Advisors Limited acts as investment manager for LIM Asia Multi-Strategy Fund Inc. and LIM Asia Special Situations Master Fund Limited (the "Funds"). The Funds collectively (currently) hold more than eighteen per cent of the shares of the listed company through open market purchase. LIM Advisors Limited has indirect interest by virtue of its rights over the shares as investment manager of the Funds.

Proxy Voting:
10. Name of the proxy holder:	LIM Advisors Limited
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:	Ben Mak
15. Contact telephone number:	[phone]

 

END

 

 

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