Holding(s) in Company - Correction to RNS 0757L
20 Maggio 2010 - 6:15PM
UK Regulatory
TIDMTRBO
RNS Number : 3042M
Turbotec Products PLC
20 May 2010
Turbotec Products PLC
20 May 2010
Correction to announcement RNS 0757L issued on 29 April 2010
+--------------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+--------------------------------------------------------------------------+
+-----------------------------------+------------------------------------+
| 1. Identity of the issuer or the | Turbotec Products Plc |
| underlying issuer of existing | |
| shares to which voting rights are | |
| attached: | |
+-----------------------------------+------------------------------------+
+----------------+----------------------------------------------+---------------+
| 2 Reason for the notification (please tick the appropriate box or boxes): |
+-------------------------------------------------------------------------------+
| | X |
| An acquisition or disposal of voting rights | |
+---------------------------------------------------------------+---------------+
| | |
| 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 | | |
| specify): | | |
+----------------+----------------------------------------------+---------------+
| | | |
+----------------+----------------------------------------------+---------------+
+-----------------------------------+------------------------------------+
| 3. Full name of person(s) subject | Joseph DeSena |
| to the notification obligation: | Burlington Holdings Inc |
| | |
+-----------------------------------+------------------------------------+
| 4. Full name of shareholder(s) | Joseph DeSena |
| (if different from 3.): | Burlington Holdings Inc |
| | |
+-----------------------------------+------------------------------------+
| 5. Date of the transaction and | 26 April 2010 |
| date on which the threshold is | |
| crossed or reached: | |
| | |
+-----------------------------------+------------------------------------+
| 6. Date on which issuer notified: | 28 April 2010 |
| | |
+-----------------------------------+------------------------------------+
| 7. Threshold(s) that is/are | 13% |
| crossed or reached: | |
| | |
+-----------------------------------+------------------------------------+
+------------+----------+--------+------------+--------------+------------+------------+--------------+
| 8. Notified details: |
+-----------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
| |
+-----------------------------------------------------------------------------------------------------+
| Class/type | Situation | Resulting situation after the triggering transaction |
| of | previous | |
| shares | to the | |
| if | triggering | |
| possible | transaction | |
| using | | |
| the ISIN | | |
| CODE | | |
+ +-------------------+--------------------------------------------------------------------+
| | Number | Number | Number | Number of voting | % of voting |
| | of | of | of | rights | rights |
| | Shares | Voting | shares | | |
| | | Rights | | | |
+ + + +------------+---------------------------+---------------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
+------------+----------+--------+------------+--------------+------------+------------+--------------+
| Ordinary | 0 | 0 | Joseph | Joseph | Joseph | Joseph | Joseph |
| | | | DeSena | DeSena holds | DeSena | DeSena | DeSena |
| | | | holds | 1,360,000 | indirectly | holds | indirectly |
| | | | 1,360,000 | | holds | 10.61% | holds |
| | | | | Burlington | through | | through |
| | | | Burlington | Holdings, | Burlington | Burlington | Burlington |
| | | | Holdings, | Inc holds | Holdings, | Holdings, | Holdings, |
| | | | Inc holds | 340,000 | Inc | Inc holds | Inc 2.65% |
| | | | 340,000 | | 340,000 | 2.65% | |
+------------+----------+--------+------------+--------------+------------+------------+--------------+
+-------------+------------+------------+----------------+--------------+
| B: Qualifying Financial Instruments |
+-----------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+-----------------------------------------------------------------------+
| Type of | Expiration | Exercise/ | Number of | % of voting |
| financial | date | Conversion | voting | rights |
| instrument | | Period | rights that | |
| | | | may be | |
| | | | acquired if | |
| | | | the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
| | | | | |
+-------------+------------+------------+----------------+--------------+
| N/A | | | | |
+-------------+------------+------------+----------------+--------------+
+------------+----------+------------+------------+------------+----------+--------+
| C: Financial Instruments with similar economic effect to |
| Qualifying Financial Instruments |
+----------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+----------------------------------------------------------------------------------+
| Type of | Exercise | Expiration | Exercise/ | Number of | % of voting |
| financial | price | date | Conversion | voting | rights |
| instrument | | | period | rights | |
| | | | | instrument | |
| | | | | refers to | |
+------------+----------+------------+------------+------------+-------------------+
| | | | | | Nominal | Delta |
| | | | | | | |
| N/A | | | | | | |
+ + + + + +----------+--------+
| | | | | | | |
+------------+----------+------------+------------+------------+----------+--------+
+--------------------------------------+---------------------------------+
| Total (A+B+C) |
| |
+------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+--------------------------------------+---------------------------------+
| 1,700,000 | 13.27% |
+--------------------------------------+---------------------------------+
+---------------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights |
| and/or the |
| financial instruments are effectively held, if applicable: |
+---------------------------------------------------------------------------+
| |
| Joseph DeSena holds the majority of voting rights in Burlington Holdings, |
| Inc. |
+---------------------------------------------------------------------------+
+--------------------------------------+---------------------------------+
| Proxy Voting: |
| |
+------------------------------------------------------------------------+
| 10. Name of the proxy holder: | N/A |
| | |
+--------------------------------------+---------------------------------+
| 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: | Berwin Leighton Paisner LLP, |
| | Adelaide House, London Bridge, |
| | EC4R 9HA |
+--------------------------------------+---------------------------------+
| 14. Contact name: | Patrick Johnson |
| | |
+--------------------------------------+---------------------------------+
| 15. Contact telephone number: | +44 (0)20 7760 1000 |
| | |
+--------------------------------------+---------------------------------+
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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