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The Turning Point. CPG ,Now moving in the right direction
Reeshar - Thu, 28 Dec 06 :
Brandes have reduced holding from .99% to 4.75%. Doesn't seem to have done the share price too much harm.
Letter to: Compass Group PLC
Dated: December 22, 2006
We hereby notify you in accordance with Part VI of the Companies Act 1985 (the
"Act"), as amended by Section 134 of the Companies Act 1989, that:
(i) at the close of business on December 21, 2006, Brandes Investment
Partners, L.P. ("Brandes") was interested for purposes of the Act in
approximately 4.75% of Compass Group Plc ordinary shares and American
Depository Receipts, each comprised in the relevant share capital, as
defined in section 198(2) of the Act, of Compass Group Plc;
(ii) at the close of business on December 21, 2006, Brandes was interested
for purposes of the Act in 71,172,796 ordinary shares and in
27,892,640 American Depository Receipts, each comprised in the
relevant share capital, as defined in section 198(2) of the Act, of
Compass Group Plc (the "Relevant Shares");
(iii) the registered holders of all of the Relevant Shares in which Brandes
has an interest for purposes of the Act are approximately 230
custodian banks unaffiliated with Brandes;
(iv) none of the shares referred to in sub-paragraphs (i) or (ii) are
shares in which Brandes is interested by virtue of section 208(5) of
the Act.
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