RNS Number : 5519Q
Ashmore Group PLC
04 August 2010
?
|
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:
|
Ashmore Group plc
|
|
2 Reason for the notification (please tick the appropriate box or boxes):
|
|
An acquisition or disposal of voting rights
|
|
|
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
|
X
|
|
An event changing the breakdown of voting rights
|
|
|
Other (please specify):
|
|
|
|
|
|
|
3. Full name of person(s) subject to the notification obligation:
|
Highfields Capital Management LP
|
|
4. Full name of shareholder(s) (if different from 3.):
|
Highfields Capital I LP, Highfields Capital II LP, Highfields Capital III LP., Credit Suisse Securities (USA) LLC and JP Morgan Clearing Corp.
|
|
5. Date of the transaction and date on which the threshold is crossed or reached:
|
August 2, 2010
|
|
6. Date on which issuer notified:
|
August 4, 2010
|
|
7. Threshold(s) that is/are crossed or reached:
|
Decrease below three per cent (3%)
|
|
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
|
|
GG00B132NW22
|
6,638,286
|
6,638,286
|
|
|
Below 3%
|
|
Below 3%
|
|
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
|
|
|
|
|
|
|
|
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
|
|
|
|
|
|
Below 3%
|
Nominal
|
Delta
|
|
|
Below 3%
|
|
Total (A+B+C)
|
|
Number of voting rights
|
Percentage of voting rights
|
|
Below 3%
|
Below 3%
|
|
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
|
|
|
Highfields Capital Management LP is the management company to each of Highfields Capital I
LP, Highfields Capital II LP and Highfields Capital III L.P. (the "Funds"). The shares disclosed
in Section 8.A above are held in the name of Credit Suisse Securities (USA) LLC and
J.P. Morgan Clearing Corp. and the instruments disclosed in Section 8.C above are held in the
name of the Funds.
|
|
|
Proxy Voting:
|
|
10. Name of the 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:
|
Total votes used for the purposes of the above notification 703,556,669
|
|
14. Contact name:
|
Joseph F. Mazzella
General Counsel
|
|
15. Contact telephone number:
|
+1 (617) 850 - 7500
|
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLUGUPWRUPUGAC