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RNS Number : 7193J
Ashmore Group PLC
06 April 2010
Ashmore Group plc ("Ashmore" or the "Company")
London. 6 April 2010
Notification Pursuant to DTR 3
Ashmore Group plc ("Ashmore", the "Group") has received notification
on 1 April 2010 from its CEO, Mr Mark Coombs, that on 1 April 2010 he
gifted 1,750,000 ordinary shares ( 0.25%) of 0.01p each in the capital
of the Company to charity for nil consideration. As a result of this
gift, Mr Coombs' interest in the share capital of Ashmore is reduced
to 301,574,200 shares (42.86 per cent of the issued capital).
For further information please contact:
Gay Collins +44 (0) 20 7786 4888
Penrose
Ashmore Group plc +44 (0)20 3077 6000
Graeme Dell - Finance Director
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 X
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
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: Mark Coombs
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached: 1 April 2010
6. Date on which issuer notified: 1 April 2010
7. Threshold(s) that is/are crossed or reached: Below 43%
8: Notified Details
A: Voting rights attached to shares
Class/ Situation previous to Resulting situation after the triggering
type of the triggering transaction
shares transaction
If possible Number of Number of Number of Number of voting Percentage of
use ISIN shares voting shares rights voting rights
code rights
Direct Indirect Direct Indirect
GB00B132NW22 303,324,200 303,324,200 301,574,200 301,574,200 - 42.86 -
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of
instrument date Conversion rights that may be voting
Period acquired if the rights
instrument is
exercised/ converted.
N/A
C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of % of voting rights
financial price date Conversion voting
instrument period rights
instrument
refers to
Nominal Delta
N/A
Total (A+B+C)
Number of voting rights Percentage of voting rights
301,574,200 42.86
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
N/A
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: Ashmore shareholders should use
703,556,669 shares as the denominator to
determine if they are required to notify
their interest in, or a change to their
interest in Ashmore under the FSA's
Disclosure and Transparency Rules.
14. Contact name: Michael Perman
15. Contact telephone number: 0203 077 6000
This information is provided by RNS
The company news service from the London Stock Exchange
END