TR-1 Notification

16 Aug 2007 12:27

Park Plaza Hotels Limited16 August 2007 16 August 2007 PARK PLAZA HOTELS LIMITED Notification of Major Interest in Shares +-------------------------------------------------------------------------------+|TR-1: Notifications of Major Interests in Shares |+-----------------------------------------------+-------------------------------+| |Park Plaza Hotels Limited || | ||1. Identity of the issuer or the underlying | ||issuer of existing shares to which voting | ||rights are attached: | |+-----------------------------------------------+-------------------------------+| || ||2. Reason for notification (yes/no) |+--------------------------------------------------------------------+----------+| |Yes || | ||An acquisition or disposal of voting rights | |+--------------------------------------------------------------------+----------+| | || | ||An acquisition or disposal of financial instruments which may result| ||in the acquisition of shares already issued to which voting rights | ||are attached | |+--------------------------------------------------------------------+----------+| | || | ||An event changing the breakdown of voting rights | |+--------------------------------------------------------------------+----------+| | || | ||Other (please specify):______________ | |+---------------------------------------+----------------------------+----------+| |Molteno Limited || | ||3. Full name of person(s) subject to | ||notification obligation: | |+---------------------------------------+---------------------------------------+| |N/A || | ||4. Full name of shareholder(s) (if | ||different from 3): | |+---------------------------------------+---------------------------------------+| |17 July 2007 || | ||5. Date of transaction (and date on | ||which the threshold is crossed or | ||reached if different): | |+---------------------------------------+---------------------------------------+| |19 July 2007 || | ||6. Date on which issuer notified: | |+---------------------------------------+---------------------------------------+| |17% || | ||7. Threshold(s) that is/are crossed or | ||reached: | |+---------------------------------------+-------+--------------------+----------++---------------------------------------+-------+--------------------+----------+ +-----------------------------------------------------------------------------------+|8: Notified Details |+-----------------------------------------------------------------------------------+|A: Voting rights attached to shares || || |+-----------+---------------------+-------------------------------------------------+|Class/type |Situation previous to|Resulting situation after the triggering ||of shares |the triggering |transaction || |transaction | ||If possible+----------+----------+---------+-------------------+-------------------+|use ISIN |Number of |Number of |Number of|Number of voting |Percentage of ||code |shares |voting |shares |rights |voting rights || | |rights | +---------+---------+---------+---------+| | | | | | | | || | | | | | | | || | | | |Direct |Indirect |Direct |Indirect |+-----------+----------+----------+---------+---------+---------+---------+---------+|Ordinary N/A N/A 7,500,000 7,500,000 - 17.7% - || ||Shares |+-----------+----------+----------+---------+---------+---------+---------+---------++-----------+----------+----------+---------+---------+---------+---------+---------+ +--------------------------------------------------------------------------------+|B: Financial Instruments || || |+--------------------------------------------------------------------------------+|Resulting situation after the triggering transaction || || |+---------------+---------------+---------------+----------------+---------------+|Type of |Expiration date|Exercise/ |No. of voting |Percentage of ||financial | |conversion |rights that may |voting rights ||instrument | |period/date |be acquired (if | || | | |the instrument | || | | |exercised/ | || | | |converted) | |+---------------+---------------+---------------+----------------+---------------+|N/A |N/A |N/A |N/A |N/A || | | | | || | | | | |+---------------+---------------+---------------+----------------+---------------+ +-----------------------------------------------------------------------------+|Total (A+B) || || |+--------------------------------------+--------------------------------------+|Number of voting rights |Percentage of voting rights |+--------------------------------------+--------------------------------------+|7,500,000 |17.7% |+--------------------------------------+--------------------------------------+ +-----------------------------------------------------------------------------+|9. Chain of controlled undertakings through which the voting rights and /or ||the financial instruments are effectively held, if applicable: |+-----------------------------------------------------------------------------+|Molteno Limited is wholly owned by the Princeton Trust, a discretionary trust||established under the laws of the British Virgin Islands by Boris Ivesha. |+-----------------------------------------------------------------------------+ +-----------------------------------------------------------------------------+|Proxy Voting: || || |+--------------------------------------+--------------------------------------+|10. Name of proxy holder: |N/A || | || | |+--------------------------------------+--------------------------------------+|11. Number of voting rights proxy |N/A ||holder will cease to hold: | || | || | |+--------------------------------------+--------------------------------------+|12. Date on which proxy holder will |N/A ||cease to hold voting rights: | || | || | |+--------------------------------------+--------------------------------------+| | |+--------------------------------------+--------------------------------------+ +--------------------------------------+--------------------------------------+|13. Additional information: |N/A || | || | |+--------------------------------------+--------------------------------------+|14 Contact name: |Mark Sieff || | || | |+--------------------------------------+--------------------------------------+ This information is provided by RNS The company news service from the London Stock Exchange