Holding(s) in Company

RNS Number : 6792B

Schroder AsiaPacific Fund PLC

22 February 2011

 



For filings with the FSA include the annex

For filings with issuer exclude the annex

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:

Schroder AsiaPacific Fund Plc

2. Reason for the notification

(please place an X inside the appropriate bracket/s):

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) : (X)

As a result of the tender and return of un tendered shares today by our Custodian

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

City of London Investment Management Company Limited

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

N/A

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

2 February 2011

6. Date on which issuer notified:

22 February 2011

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

From 29% to 23%

8. Notified Details:

A: Voting rights attached to shares

Class/type of shares if possible use ISIN CODE	Situation previous to the triggering transaction
Ordinary Shares GB0007918872	Number of shares 51,013,211	Number of voting rights 51,013,211

Resulting situation after the triggering transaction
Class/type of shares if possible use ISIN CODE	Number of shares	Number of voting rights		% of voting rights
	N/A	Direct	Indirect 34,740,348	Direct	Indirect 23.83%

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)	% of voting rights
N/A

Total (A+B)

Number of voting rights	% of voting rights
34,740,348	23.83%

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 proxy holder:

City of London Investment Management Company Limited

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

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

N/A

13. Additional information:

Resulting situation based on voting rights of 145,801,291 as published by the fund on the London Stock Exchange web site following the tender.

Situation previous to the triggering transaction represents the number of shares owned prior to the tender cut off of 28 January 2011.

The delay in disclosing was due to the discrepancies in shares accepted for tender via 5 Custodians.

14. Contact name:

Jonathan McGuire

15. Contact telephone number:

020 7658 3496

     Date:  22 February 2011

 

END

 

 

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