Last checked at 28 Nov 2008 15:57
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 CAPITALPARTNERS 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 CAPITALPARTNERS SPECIAL SITUATIONS FUND, L.P.
5. Date of the Transaction (and date on which the threshold is crossed or reached if different)
18% THRESHOLD CROSSED ON 26 NOVEMBER 2008
6. Date on which issuer notified
28 NOVEMBER 2008
7. Threshold(s) that is /are crossed or reached
18.00%
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: 85,761,931
Number of Voting Rights: 85,761,931
Resulting situation after the triggering transaction:
Number of Shares - 81,649,497
Number of Voting Rights (Direct) - NOT PROVIDED
Number of Voting Rights (Indirect) - 81,649,497
% of Voting Rights (Direct) - NOT PROVIDED
% of Voting Rights (Indirect) - 17.81% (BASED ON TOTAL VOTING RIGHTS OF 458,551,240)
(B) Financial Instruments
N/A
Total (A)+(B)
Total number of Voting Rights - 81,649,497
Total % of Voting Rights - 17.81%
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) HARBINGERCAPITAL PARTNERS MASTER FUND I, LTD. AND (ii) HARBINGER CAPITAL PARTNERSSPECIAL 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
28 NOVEMBER 2008
ENDS
Copyright Business Wire 2008