New Star Financial Opp Fund Ld Announcements

RNS Number : 6459D New Star Financial Opp Fd Ltd 17 September 2008  
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TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
 
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
New Star Financial Opportunities Fund Limited

2. Reason for the notification (please state Yes/No): ( )

An Acquisition or disposal of voting rights - Yes
3. Full name of person(s) subject to the notification obligation (iii):
Midas Capital plc

4. Full name of shareholder(s) (if different from 3.) (iv):
(See section 9 below)
 
5. Date of the transaction (and date on which the threshold is crossed or  reached if different) (v):
15 September 2008

6. Date on which issuer notified:
17 September 2008

7. Threshold(s) that is/are crossed or reached:
10%

8. Notified details
A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE
Situation previous to the Triggering transaction (vi)

Number of shares
Number of voting Rights (viii)
Ordinary shares
GB0003286837
4,100,000
4,100,000
Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE
Number of shares 
Number of voting rights (ix)
% of voting rights

Direct
Direct (x)
Indirect (xi)
Direct
Indirect
Ordinary shares
GB0003286837
3,790,000
3,790,000
N/A
9.94%
N/A

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

Type of financial instrument
Expiration Date (xiii)
Exercise/Conversion Period/ Date (xiv)
Number of voting rights that may be acquired if the instrument is exercised/ converted.
% of voting rights
N/A

Total (A+B)
Number of voting rights
% of voting rights
3,790,000
9.94%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
CF Midas Balanced Income Fund 3,790,000
(Registered: Bank of New York Nominees A/C 392513)  

Proxy Voting:

10. Name of the 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:
iimia plc, Miton Asset Management Ltd and Midas Capital Partners Ltd are all subsidiaries of Midas Capital plc

14. Contact name:
Elysium Fund Management Limited

15. Contact telephone number:
01481 810100

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