Director/PDMR Shareholding

RNS Number : 7193J

Ashmore Group PLC

06 April 2010

 



Ashmore Group plc ("Ashmore" or the "Company")

London. 6 April 2010

Notification  Pursuant to DTR 3

Ashmore Group plc ("Ashmore", the "Group") has received notification on 1 April 2010 from its CEO, Mr Mark Coombs, that on 1 April 2010 he gifted 1,750,000 ordinary shares ( 0.25%) of 0.01p each in the capital of the Company to charity for nil consideration.  As a result of this gift, Mr Coombs' interest in the share capital of Ashmore is reduced to 301,574,200 shares (42.86 per cent of the issued capital).

For further information please contact:

Gay Collins                                                  [phone]

Penrose

Ashmore Group plc                                      [phone]

Graeme Dell - Finance Director

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:

ASHMORE GROUP PLC

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:	Mark Coombs
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:	1 April 2010
6. Date on which issuer notified:	1 April 2010
7. Threshold(s) that is/are crossed or reached:	Below 43%

8: Notified Details
A: Voting rights attached to shares
Class/ type of shares If possible use 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		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
GB00B132NW22	303,324,200	303,324,200	301,574,200	301,574,200	-	42.86	-

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
N/A

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
N/A					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
301,574,200	42.86

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

N/A

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:	Ashmore shareholders should use 703,556,669 shares as the denominator to determine if they are required to notify their interest in, or a change to their interest in Ashmore under the FSA's Disclosure and Transparency Rules.
14. Contact name:	Michael Perman
15. Contact telephone number:	0203 077 6000

 

END

 

 

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