Holding(s) in Company

RNS Number : 6135B

Fairpoint Group PLC

04 April 2013

 



TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:			Fairpoint Group
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights				Yes
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached				No
An event changing the breakdown of voting rights				No
Other (please specify)				No
3. Full name of person(s) subject to notification obligation:	Miton Group plc
4. Full name of shareholder(s)		See section 9 below
5. Date of transaction (and date on which the threshold is crossed or reached if different)		26/03/2013
6. Date on which issuer notified		27/03/2013
7. Threshold(s) that is/are crossed or reached:		Was 9.59%, Now   10.32%

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
GB0032360280	4,023,760	4,023,760	4,328,060	n/a	4,328,060	n/a	10.32%

8: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting  rights that may be acquired (if the Instrument exercised/converted)	Percentage of voting rights
n/a	n/a	n/a	n/a	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
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
4,328,060	10.32

9. Chain of controlled undertakings through which the voting rights  and /or the financial instruments are effectively held, if applicable:
Diverse Income Trust	HSBC Global Custody Nominees (UK) Ltd a/c 727563	1,980,064
CF Miton UK Multicap Income Fund	Bank of New York Nominees  Ltd a/c 397449	1,090,996
Diverse Income Trust- C (Issue 2)	HSBC Global Custody Nominees (UK) Ltd a/c 768977	467,000
Henderson Fledgling Trust	HSBC Global Custody Nominees (UK) Ltd a/c 724755	790,000

Proxy Voting:
10. Name of 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:	Miton Capital Partners Ltd and Miton Asset Management Ltd are both subsidiaries of Miton Group plc
14 Contact name:	Elaine Smith
15. Contact telephone name:	0151 906 2468

 

END

 

 

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