Holding(s) in Company

RNS Number : 9493I

Edinburgh Dragon Trust plc

22 March 2010

 



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

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

Edinburgh Dragon Trust plc

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

An acquisition or disposal of voting rights: n/a

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

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments: n/a

An event changing the breakdown of voting rights: n/a

Other (please specify): Correction of Percentage Held

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

City of London Investment Management Company Limited

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

n/a

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

1 February 2010

6.      Date on which issuer notified:

19 March 2010

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

From 19% to 12% - As a result of the recent tender, the return of untendered shares  and the Company release of total voting rights on February 1, 2010 of 196,311,219

8.      Notified details:

A:     Voting rights attached to shares (viii, ix)

Situation previous to the Triggering transaction
Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights
GB002945029 Ordinary Shares	44,963,131	44,963,131

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rights (x)
GB002945029 Ordinary Shares	Direct n/a	Direct n/a	Indirect (xi) 24,788,573	Direct n/a	Indirect 12.63%

B:     Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration Date (xiii)	Exercise/ Conversion Period/ Date (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	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights (xix, xx)
-	-	-	-	-	Nominal	Delta
					-	-

Total (A+B+C)

Number of voting rights 24,788,573

% of voting rights 12.63%

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

All Voting Rights on all Shares are controlled by City of London Investment Management Limited.

Proxy Voting:

10.    Name of the proxy holder:

City of London Investment Management 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:

The original TR1, filed on 2 February stated an incorrect percentage held.  As a result of the recent tender, the return of untendered shares and the Company release of total voting rights on Friday 1, 2010 of 196,311,219 the percent held was incorrectly reported as 10.73%.

14.    Contact name:

Valerie MacKenzie

15.    Contact telephone number:

0131 528 4136

 

END

 

 

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