2009-11-26 19:24:01 -
London, November , 26, 2009
CORRECTING ANNOUNCEMENT
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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| | |
|-------------------------------------------+-----------------------|
| 1. Identity of the issuer or the | |
| underlying issuer | Tapestry Investment |
| of existing shares to which voting rights | Company PCC Ltd. |
| are | |
| attached: ii | |
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| 2 Reason for the notification (please tick the appropriate box or |
| boxes): |
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| 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 | X |
|-------------------------------------------------------+-----------|
| Other (please specify): | | |
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| 3. Full name of person(s) subject to | |
| the | QVT Financial LP |
| notification obligation: iii | |
|---------------------------------------+---------------------------|
| 4. Full name of shareholder(s) | QVT Fund LP |
| (if different from 3.):iv | Quintessence Fund L.P. |
|---------------------------------------+---------------------------|
| 5. Date of the transaction and date | |
| on | 18 November 2009 |
| which the threshold is crossed or | |
| reached: v | |
|---------------------------------------+---------------------------|
| 6. Date on which issuer notified: | 26 November 2009 |
|---------------------------------------+---------------------------|
| 7. Threshold(s) that is/are crossed | |
| or | 7% |
| reached: vi, vii | |
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+----------------------------------------------------------------------------------------------------+
|8. Notified details: |
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|A: Voting rights attached to shares viii, ix |
|----------------------------------------------------------------------------------------------------|
|Class/type of |Situation previous |Resulting situation after the triggering transaction |
|shares |to the triggering | |
|if possible |transaction | |
|using |------------------------------+-----------------------------------------------------|
|the ISIN CODE |Number |Number |Number |Number of voting |% of voting rights x |
| |of |of |of shares |rights | |
| |Shares |Voting |----------+-------------------+----------------------|
| | |Rights |Direct |Direct |Indirect |Direct |Indirect |
| | | | |xi |xii | | |
|---------------+-----------------+------------+----------+--------+----------+-----------+----------|
|GB00B063C843 | | | | | | | |
|---------------|6,200,000 |6,200,000 |3,782,001 | |3,782,001 | |7.4% |
| | | | | | | | |
|----------------------------------------------------------------------------------------------------|
| |
|----------------------------------------------------------------------------------------------------|
|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 xiv |rights that may be |rights |
| | | |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 price |Expiration|Exercise/ |Number of voting rights|% of voting rights|
|financial | |date xvii |Conversion |instrument refers to |xix, xx |
|instrument | | |period xviii| | |
|----------------+----------------+----------+------------+-----------------------+------------------|
| | | | | |Nominal |Delta |
| | | | | |----------+-------|
| | | | | | | |
|----------------------------------------------------------------------------------------------------|
| |
|----------------------------------------------------------------------------------------------------|
|Total (A+B+C) |
|----------------------------------------------------------------------------------------------------|
|Number of voting rights |Percentage of voting rights |
|----------------------------------------------------+-----------------------------------------------|
|3,782,001 |7.4% |
+----------------------------------------------------------------------------------------------------+
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| 9. Chain of controlled undertakings through which the voting |
| rights and/or the |
| financial instruments are effectively held, if applicable: xxi |
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| |
| |
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| |
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| Proxy Voting: |
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| 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: | |
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| |
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| 13. Additional | This TR-1 is meant to correct a TR-1 |
| information: | released on 25 November 2009. Due to a |
| | change in total voting rights as a result |
| | of the issuer's compulsory share |
| | redemption, QVT Financial LP's percentage |
| | of voting rights remains unchanged from |
| | its announcement of 13 November 2009. |
|-----------------------+-------------------------------------------|
| 14. Contact name: | Meg Nowicki |
|-----------------------+-------------------------------------------|
| 15. Contact telephone | +1 (212) 705 6229 |
| number: | |
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| Note: Annex should only be submitted to the FSA not the issuer |
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| Annex: Notification of major interests in sharesxxii |
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| |
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| A: Identity of the persons or legal entity subject to the |
| notification obligation |
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| Full name | |
| (including legal form of legal | QVT Financial LP |
| entities) | |
| | |
|--------------------------------+----------------------------------|
| Contact address | 1177 Avenue of the Americas, 9th |
| (registered office for legal | Floor |
| entities) | New York, NY 10036, USA |
| | |
|--------------------------------+----------------------------------|
| Phone number & email | +1 (212) 705-8800 |
| | regulatoryfilings@qvt.com |
|--------------------------------+----------------------------------|
| Other useful information | |
| (at least legal representative | |
| for legal persons) | |
| | |
|--------------------------------+----------------------------------|
| | |
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| B: Identity of the notifier, if applicable |
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| Full name | |
| | |
|--------------------------------+----------------------------------|
| Contact address | |
| | |
|--------------------------------+----------------------------------|
| Phone number & email | |
| | |
|--------------------------------+----------------------------------|
| Other useful information | |
| (e.g. functional relationship | |
| with the person or legal | |
| entity subject to the | |
| notification obligation) | |
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| |
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| C: Additional information |
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| |
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This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
