21 Apr 2010 14:02
TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Johnston Press plc
2. Reason for the notification
Other: Incorrect calculation of shareholding in prior notification (see item 13 below).
3. Full name of person(s) subject to the notification obligation:
Orbis Holdings Limited (parent), Orbis Asset Management Limited (investment manager and controlled undertaking) and Orbis Investment Management Limited (investment manager and controlled undertaking).
4. Full name of shareholder(s) (if different from 3.):
Vidacos Nominees Limited, HSBC Custody Nominees (Australia) Limited and BNP Paribas Securities Services Nominees Limited.
5. Date of the transaction (and date on which the threshold is crossed or reached if different)
5 October 2009
6. Date on which issuer notified:
20 April 2010
7. Threshold(s) that is/are crossed or reached:
9%
8. Notified details:
A: Voting rights attached to shares:
Indirect interest in 54,871,857 voting rights attached to ordinary shares in Johnston Press plc of 10 pence each.
B: Financial Instruments
n/a
Total (A+B)
Number of Voting Rights: 54,871,857 (Indirect)
% Voting Rights: 8.58%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Orbis Asset Management Limited is a controlled undertaking of Orbis Holdings Limited.
Orbis Investment Management Limited is a controlled undertaking of Orbis Holdings Limited.
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:
Orbis Holdings Limited previously filed a Form TR-1 on 6 October 2009. That Form TR-1 incorrectly included the holdings of Orbis SICAV - Europe Equity Fund, which holdings should have been excluded as the investment manager of Orbis SICAV - Europe Equity Fund is not a controlled undertaking of Orbis Holdings Limited within the meanings of the Disclosure and Transparency Rules. The figures in Item 8 reflect the correct holdings of voting rights as of 5 October 2009.