Holding(s) in Company

Released : 04/08/2010

RNS Number : 5519Q
Ashmore Group PLC
04 August 2010
 

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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
 
 
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