TIDMTAL

RNS Number : 8476S

Ten Alps PLC

13 July 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i) 
 
 
 1. Identity of the issuer      Ten Alps plc 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached: 
  (ii) 
-----------------------------  ------------- 
 
 
 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      New ordinary shares issued 
  specify): 
----------------  ----------------------------- 
 
 
 
 3. Full name of person(s)           Broadwalk Asset Management 
  subject to the notification                    LLP 
  obligation: (iii) 
----------------------------------  --------------------------- 
 4. Full name of shareholder(s)      Broadwalk Select Services 
  (if different from 3.):                   Fund Limited 
  (iv) 
----------------------------------  --------------------------- 
 5. Date of the transaction                  13/07/2015 
  and date on which the threshold 
  is crossed or reached: (v) 
----------------------------------  --------------------------- 
 6. Date on which issuer                     13/07/2015 
  notified: 
----------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                             3% 
----------------------------------  --------------------------- 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------ 
 Class/type      Situation              Resulting situation after 
  of              previous               the triggering transaction 
  shares          to the triggering 
                  transaction 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ---------------------  --------------------------------------------------- 
                 Number      Number     Number       Number of           % of voting 
                  of          of         of           voting              rights (x) 
                  Shares      Voting     shares       rights 
                              Rights 
--------------  ----------  ---------  -----------  ------------------  ------------------ 
                                        Direct       Direct   Indirect   Direct   Indirect 
                                                      (xi)     (xii) 
--------------  ----------  ---------  -----------  -------  ---------  -------  --------- 
 GB00BX7RGN99    0           0          27,500,000                       6.56% 
--------------  ----------  ---------  -----------  -------  ---------  -------  --------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/     Number of      % of voting 
  instrument          date         Conversion    voting         rights 
                      (xiii)       Period        rights that 
                                   (xiv)         may be 
                                                 acquired 
                                                 if the 
                                                 instrument 
                                                 is 
                                                 exercised/ 
                                                 converted. 
------------------  -----------  ------------  -------------  ------------ 
 
 
 
 C: Financial Instruments with similar economic 
  effect to Qualifying Financial Instruments (xv, 
  xvi) 
---------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------- 
 Type of       Exercise   Expiration   Exercise/     Number of     % of voting 
  financial     price      date         Conversion    voting        rights (xix, 
  instrument               (xvii)       period        rights        xx) 
                                        (xviii)       instrument 
                                                      refers 
                                                      to 
------------  ---------  -----------  ------------  ------------  ---------------- 
                                                                   Nominal   Delta 
------------  ---------  -----------  ------------  ------------  --------  ------ 
 
 
 
 Total (A+B+C) 
----------------------------------------------- 
 Number of voting rights   Percentage of voting 
                            rights 
------------------------  --------------------- 
 27,500,000                 6.56% 
------------------------  --------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------- 
 
   The ordinary shares are held by Broadwalk Select Services 
   Fund Ltd. Broadwalk Asset Management LLP is theinvestment 
   manager of Broadwalk Select Services Fund Ltd and exercises 
   the voting rights on its behalf. 
-------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------- 
 10. Name of the 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:       Broadwalk Asset Management 
                                    LLP 
-------------------------------  ---------------------------- 
 14. Contact name:                Shaun Taulbut 
-------------------------------  ---------------------------- 
 15. Contact telephone number:    020 7127 4167 
-------------------------------  ---------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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