Notification of Major Interest in Shares

RNS Number : 9286D
Avation PLC
30 March 2011
 



 




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:

AVATION 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:

CREDIT SUISSE GROUP AG

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

CREDIT SUISSE SECURITIES (EUROPE) LTD

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

22/03/2011

6. Date on which issuer notified:

24/03/2011

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

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

ORD

GB00B196F554

 

1,583,244

 

1,583,244

 

N/A

 

N/A

 

1,583,244**

 

N/A

 

4.1089%**

** CS position remains unchanged; holding percentage has changed due to new increased issued share capital of 38,532,220 shares.

 

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 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

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,583,244**

4.1089%**

** CS position remains unchanged; holding percentage has changed due to new increased issued share capital of 38,532,220 shares.

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

 

 

1.    Credit Suisse Group AG

2.    Credit Suisse AG

      2.1 Credit Suisse Securities (Europe) Ltd

 

     

 

 


 

Proxy Voting:

 

10. Name of the proxy holder:


 

11. Number of voting rights proxy holder will cease
to hold:


 

12. Date on which proxy holder will cease to hold
voting rights:


 


 


13. Additional information:



 

14. Contact name:

Liane Agostini/ Anthony Allen/Paul MacDonald

 

15. Contact telephone number:

+44 (0) 20 7888 3599 / 5416 / 8548

 



 

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in share


A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

 

Credit Suisse Group AG

Contact address

(registered office for legal entities)

 

Paradeplatz 8, 8070 Zurich, Switzerland

Phone number & email

 

See below

Other useful information

(at least legal representative for legal persons)

 

See below



B: Identity of the notifier, if applicable

Full name

 

Credit Suisse Securities (Europe) Ltd

Contact address

 

One Cabot Square, London E14 4QJ

Phone number & email

 

020 7888 5416 Anthony.Allen@credit-suisse.com

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

Anthony Allen


C: Additional information

Our ref: 1403314

 

 

 

For notes on how to complete form TR-1 please see the FSA website.

 


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