REG - Ashmore Group Plc - Director/PDMR Shareholding

Released : 06/04/2010

                                                                                                                       
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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