Holding(s) in Company

RNS Number : 6339S

ReNeuron Group plc

21 May 2009

 



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:		Reneuron Group plc
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify): Loan converted to shares			Yes
3. Full name of person(s) subject to notification obligation:	1. Awal Bank BSC 2. Maan Abdulwahed Al-Sanea (as parent undertaking of Awal Bank BSC)
4. Full name of shareholder(s) (if different from 3):	Vidacos Nominees Limited
5. Date of transaction (and date on which the threshold is crossed or reached if different):	NA
6. Date on which issuer notified:	20 May 2009
7. Threshold(s) that is/are crossed or reached:	23%, 24%, 25% and 26%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code GB00B0DZML60	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
Ordinary	45,890,476	45,890,476	88,653,800	-	88,653,800	-	26.10%

B: 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
-	-	-	-	-

Total (A+B)
Number of voting rights	Percentage of voting rights
88,653,800	26.10%

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

Maan Abdulwahed Al-Sanea is subject to a notification obligation pursuant to DTR 5.2.1(e) as an indirect holder of 88,860,800 shares. He indirectly holds these shares through being a 'parent undertaking' of Awal Bank BSC, the entity that indirectly holds these shares.

Proxy Voting:
10. Name of proxy holder:	NA
11. Number of voting rights proxy holder will cease to hold:	NA
12. Date on which proxy holder will cease to hold voting rights:	NA

13. Additional information:
14 Contact name:	Christopher C. Hart, Clive Jory
15. Contact telephone number:	[phone]

 

END

 

 

HOLEAXSFALANEEE