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Notice Of Cessation Of Substantial Shareholding
BackNov 02, 2012
| Part I | |||||||||||||||||
| 1. | Date of notice to issuer | 02/11/2012 | |||||||||||||||
| 2. | Name of Substantial Shareholder | HSBC Bank Plc | |||||||||||||||
| 3. | Notice Type | Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. |
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| Part II - Not Required | |||||||||||||||||
| Part III | |||||||||||||||||
| 1. | Date of change of Interest | 01/11/2012 | |||||||||||||||
| 2. | The change in the percentage level | From 14.055 % To 0 % | |||||||||||||||
| 3. | Circumstance(s) giving rise to the interest or change in interest | # Others Pilot Assets Group Limited ("PAGL"), which has direct interest of 0.636% of the shares in the listed company, is partially owned by Sea-Sea Marine Company Limited ("SSMC"), which has a direct interest of 13.419% of the shares in the listed company (and also the indirect interest of 0.636% held by PAGL). SSMC is wholly owned by Besco Holdings Ltd, which is wholly held by HSBC International Trustee Limited in its capacity as trustee of a trust. HSBC International Trustee Limited is, in turn, wholly owned by HSBC Private Banking Holdings (Suisse) SA, which was, in turn, wholly owned by HSBC Europe (Netherlands) BV, which is, in turn, wholly owned by HSBC Bank Plc. As a result of a transfer by HSBC Europe (Netherlands) BV of all its shares in HSBC Private Banking Holdings (Suisse) SA to HSBC Finance (Netherlands), HSBC Europe (Netherlands) BV is no longer deemed to be a substantial shareholder of the listed company. As a result, HSBC Bank Plc is also no longer deemed to be a substantial shareholder of the listed company. |
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| 4. | A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: | The change in percentage level is the result of one transaction. | |||||||||||||||
| Part IV | |||||||||||||||||
| 1. | Holdings of Substantial Shareholder, including direct and deemed interest : | ||||||||||||||||
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