Holding(s) in Company

RNS Number : 5016B

Spark Ventures PLC

17 April 2012

 



SPARK Ventures plc ("SPARK" or the "Company")

17 April 2012

Notification of major interests in shares

The Company was notified on 16 April 2012 that RWC Partners Ltd are no longer the investment advisors to the St James's Place UK Growth Unit Trust. 

The St James's Place UK Growth Unit Trust was beneficially interested in 29,394,424 ordinary shares of 0.4p each in SPARK ("Ordinary Shares") which represents 7.2% of the voting rights and issued share capital (after excluding shares held in Treasury) of the Company.

In aggregate, RWC Partners Ltd now manages 22,796,453 Ordinary Shares which represents 5.6% of the voting rights and issued share capital (after excluding shares held in Treasury) in the Company.

The shares managed by RWC Partners Ltd are held as follows:

Shareholder	Ordinary Shares held
RWC UK Pilgrim Fund	5,816,453
Rhodia Pension Fund	8,480,000
RWC UK Focus Fund	8,500,000
Total	22,796,453

The Company was notified on 16 April 2012 that the Ordinary Shares previously beneficially held by the St James's Place UK Growth Unit Trust have been sold to the Majedie Asset Special Situations Investment Fund and are now managed by Majedie Asset Management Limited ("Majedie"). In aggregate, Majedie now manages 39,966,724 Ordinary Shares, 9.7% of the voting rights and issued share capital (after excluding shares held in Treasury) in the Company.

The shares managed by Majedie are held as follows:

Shareholder	Ordinary shares held
Majedie Asset UK Equity Fund	6,082,500
Majedie Asset UK Opportunities Fund	4,489,800
Majedie Asset Special Situations Investment Fund	29,394,424
Total	39,966,724

For further information:

SPARK Ventures plc                                      020 7851 7777

Andrew Betton, Company Secretary

Canaccord Genuity Limited

Mark Dickenson / Sebastian Jones                020 7523 8350

 

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