26 Oct 2011 12:04
26 October 2011
Premier Management Holdings plc
("Premier" or the "Company")
TR-1
Further to the previous TR-1 announcement regarding the acquisition of Shares in the Company by HB Markets plc on 21 October 2011, HB Markets Plc subsequently disposed of its entire shareholding during the course of the day and now no longer holds any shares in the Company.
Please see TR-1 below for confirmation.
Enquiries:
Premier Management Holdings Plc | |
Gerry Desler, Chairman | Tel: +44 (0) 1279 731037 |
Libertas Capital Corporate Finance Limited - Nominated Adviser | |
Thilo Hoffmann / Sandy Jamieson | Tel: +44 (0) 20 7569 9650 |
Rivington Street Corporate Finance - Broker |
|
Dru Edmonstone | Tel: +44 (0) 20 7562 3384 |
M: Communications | |
Ben Simons / Maria Souvorov | Tel: +44 (0) 20 7920 2340 |
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i | |||||||||||||||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Premier Management Holdings | ||||||||||||||||
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 thenotification obligation: iii | HB Markets Plc 131 Finsbury Pavement London EC2A 1NT | ||||||||||||||||
4. Full name of shareholder(s) (if different from 3.):iv | |||||||||||||||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 21st October 2011 | ||||||||||||||||
6. Date on which issuer notified: | 25th October 2011 | ||||||||||||||||
7. Threshold(s) that is/are crossed orreached: vi, vii | Below 3% holding | ||||||||||||||||
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
GB0002636438 | 30 million | Nil holding | |||||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| ||||||||||||
| Nominal | Delta | |||||||||||||||
Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | ||
14. Contact name: | ||
15. Contact telephone number: | ||