Notification of Major Interest in Shares

    RNS Number : 5600L
  Bramdean Alternatives Limited
  13 January 2009
   

    Form TR-1 with annex. FSA Version 2.1 updated April 2007 
 For filings with the FSA include the annex 
 For filings with issuer exclude the annex 

 TR-1: Notifications of Major Interests in Shares

                                                        Bramdean Alternatives Limited
 1. Identity of the issuer or the underlying issuer
 of existing shares to which voting rights are
 attached:
  
 2. Reason for notification (yes/no)
                                                                              X
 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):______________
                                  Elsina Limited 
 3. Full name of person(s)
 subject to notification
 obligation:
                                  
 4. Full name of shareholder(s)
 (if different from 3):
                                  
 5. Date of transaction (and
 date on which the threshold is
 crossed or reached if
 different):
                                  13 January 2009
 6. Date on which issuer
 notified:
                                  29%
 7. Threshold(s) that is/are
 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 code  transaction
                            Number of shares      Number of voting      Number of shares  Number of voting       Percentage of voting
                                                  rights                                  rights                 rights




                                                                                                                                
                                                                                          Direct  Indirect       Direct        Indirect


 Sterling      39,100,000         78,958,540         925,000 1,867,945                  0.71%
 Shares

 US Dollar  0                         0                       73,438,431     73,438,431                 28.01%
  

 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
  75,306,376               28.72%
     
  
 9. Chain of controlled undertakings through which the voting rights and /or
 the financial instruments are effectively held, if applicable:
  

 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:               Robin Amer on behalf of the Company Secretary
 15. Contact telephone name:    01481 744130


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