Holding(s) in Company (2870R)

TIDMASD
RNS Number : 2870R
Axis-Shield PLC
01 November 2011
 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                           Axis Shield plc 
  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 
  specify): 
------------------  ---------------------------------------------------------  ------- 
 3. Full name of person(s) subject                            EQUITY FUND SKAGEN VEKST 
  to the 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)                                                    N/A 
  (if different from 3.):(iv) 
------------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                                        31.10.2011 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                                          31.10.2011 
------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed                            DISPOSAL OF ALL SHARES 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type   Situation previous                       Resulting situation after the triggering 
 of            to the triggering                        transaction 
 shares        transaction 
 
 if 
 possible 
 using 
 the ISIN 
 CODE 
-----------  ---------------------------------------  ----------------------------------------------------------------- 
              Number            Number                 Number     Number of voting         % of voting rights 
               of                of                    of          rights                   (x) 
               Shares            Voting                shares 
                                 Rights 
-----------  ----------------  ---------------------  ---------  -----------------------  ----------------------------- 
                                                       Direct     Direct        Indirect   Direct         Indirect 
                                                                   (xi)          (xii) 
-----------    -----  -------  -------  ------  ----  ---------  ------------  ---------  -------------  -------------- 
 
              2.670.057         2.670.057              0          0             N/A        0%             N/A 
-----------  ----------------  ---------------------  ---------  ------------  ---------  -------------  -------------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration        Exercise/                      Number of voting            % of voting 
  instrument            date (xiii)       Conversion Period              rights that may             rights 
                                          (xiv)                          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 voting             % of voting rights 
 financial       price           date (xvii)      Conversion       rights instrument            (xix, xx) 
 instrument                                       period           refers to 
                                                  (xviii) 
-------------  --------------  ---------------  ---------------  ---------------------------  ------------------------- 
                                                                                               Nominal       Delta 
-------------  --------------  ---------------  ---------------  ---------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  -------------------------------------------------------- 
 0                                                              0% 
-------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                               N/A 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will                               N/A 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to                                N/A 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information:                                                N/A 
----------------------------------------  -------------------------------------- 
 14. Contact name:                                             Svein Tore Hansen 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                     0047 51213835 
----------------------------------------  --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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