TR-1 Notification of Major Interest in Shares (Bulgarian Property)

Date : 07/09/2008 @ 4:41AM
Source : UK Regulatory (RNS and others)
Stock : Bulgarian Property (BPD)
Quote : 17.0  0.0 (0.00%) @ 2:55AM
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TR-1 Notification of Major Interest in Shares (Bulgarian Property)

    RNS Number : 6566Y
  Bulgarian Property DevelopmentsPLC
  09 July 2008
   

    FOR IMMEDIATE RELEASE                                                                     
                                 09 July
2008


 TR-1: Notifications of Major Interests in Shares

                                                       Bulgarian Property Developments Plc
 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):______________
                                                                          Carrousel Capital
Ltd
 3. Full name of person(s)                                                   Investment
Manager
 subject to notification
 obligation:
                                                                    The Carrousel Fund Ltd and

 4. Full name of shareholder(s)                                       The Carrousel Fund II
Ltd
 (if different from 3):
                                                                                   07 July
2008
 5. Date of transaction (and
 date on which the threshold is
 crossed or reached if
 different):
                                                                                   08 July
2008
 6. Date on which issuer
 notified:

 7. Threshold(s) that is/are                                 4.21%
 crossed or reached:

 8. Notified details:



 A: Voting rights attached to shares

 Class/type of shares  Situation previous to the triggering        Resulting situation after
the triggering transaction
 If possible use ISIN  transaction
 code
                       Number of shares      Number of voting      Number of shares  Number of
voting rights   Percentage of voting
                                             rights                                           
                rights

                                                                   Direct            Direct   
 Indirect       Direct        Indirect
 GB00B058TT05                     3,500,000             3,500,000         4,500,000  4,500,000
                       4.21%


 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights 
Percentage of voting
                                                period/date           that may be acquired 
rights
                                                                      (if the instrument
                                                                      exercised/converted)




 Total (A+B)

 Number of voting rights  Percentage of voting rights
 4,500,000                4.21%



 9. Chain of controlled undertakings through which the voting rights and /or
 the financial instruments are effectively held, if applicable:
 Carrousel Capital Ltd's Prime Broker - JP Morgan - holds the shares in
 nominees' accounts






















 Proxy Voting:

 10. Name of proxy holder:                                         
                                                                   
 11. Number of voting rights proxy holder will cease to hold:      
                                                                   
 12. Date on which proxy holder will cease to hold voting rights:  
                                                                   

 13. Additional information:















 14 Contact name:             Valeria Di Profio, or
                              Jasmine Yennek
 15. Contact telephone name:  020 7758 8003 / 020 7529 5986


    For notes on how to complete form TR-1 please see the FSA website. 

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END
 
 
HOLSSUSAUSASEDW
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