Last checked at 17 Dec 2008 16:16
17 DECEMBER 2008
TATE & LYLE PLC
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Name of Issuer
TATE & LYLE PLC
2. Reason for notification
A DISPOSAL OF VOTING RIGHTS
3. Full name of person(s) subject to the notification obligation
HARBERT FUND ADVISORS, INC, IN ITS CAPACITY AS INVESTMENT ADVISER TO (i) HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. AND (ii) HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P.
4. Full name of the shareholder(s) (if different from 3 above)
HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. AND HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P.
5. Date of the Transaction (and date on which the threshold is crossed or reached if different)
16% THRESHOLD CROSSED ON 15 DECEMBER 2008
6. Date on which issuer notified
17 DECEMBER 2008
7. Threshold(s) that is /are crossed or reached
16.00%
8. Notified Details
(A) Voting Rights Attached to shares
Class/type of shares
ORDINARY 25p SHARES(GB0008754136)
Situation previous to the Triggering transaction
Number of Shares: 73,384,822
Number of Voting Rights: 73,384,822
Resulting situation after the triggering transaction:
Number of Shares - 72,713,213
Number of Voting Rights (Direct) - NOT PROVIDED
Number of Voting Rights (Indirect) - 72,713,213
% of Voting Rights (Direct) - NOT PROVIDED
% of Voting Rights (Indirect) - 15.86% (BASED ON TOTAL VOTING RIGHTS OF 458,569,330)
(B) Financial Instruments
N/A
Total (A)+(B)
Total number of Voting Rights - 72,713,213
Total % of Voting Rights - 15.86%
9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held
HARBERT FUND ADVISORS, INC, SERVES AS INVESTMENT ADVISER TO (i) HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. AND (ii) HARBINGER CAPITAL PARTNERS SPECIAL SITUATIONS FUND, L.P. HARBERT FUND ADVISORS, INC. IS AN INDIRECT, WHOLLY-OWNED SUBSIDIARY OF HARBERT MANAGEMENT CORPORATION.
Proxy Voting
10. Name of 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. Any additional information
N/A
Contact name for enquiries:
ROBERT GIBBERCOMPANY SECRETARY020 7626 6525
17 DECEMBER 2008
Copyright Business Wire 2008