Galleon Holdings PLC GON Holding(s) in Company

  Galleon Holdings PLC (GON) - Holding(s) in Company

RNS Number : 1349Q
Galleon Holdings PLC
01 November 2012









TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES^i



1. Identity of the issuer or the underlying issuer of     Galleon Holdings plc
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 to the notification         Yakoub Yakoubov
obligation:  ^iii
4. Full name of shareholder(s) (if different from 3.):^iv
5. Date of the transaction and date on which the threshold is 01 November 2012
crossed or reached: ^v
6. Date on which issuer notified:                             01 November 2012
7. Threshold(s) that is/are crossed or reached: ^vi, vii             3%



8. Notified details:
A: Voting rights attached to shares ^viii, ix



Class/type of Situation previous           Resulting situation after
shares        to the triggering                 the triggering
                 transaction                      transaction
if possible     Number   Number    Number       Number of       % of voting
using             of       of    of shares        voting          rights ^x
the ISIN CODE   Shares   Voting                   rights
                         Rights
                                   Direct    Direct  Indirect  Direct Indirect
                                              ^xi      ^xii
GB00B02MFY27     <3%       <3%   5,229,000                      3.2%
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     % of voting
 financial     price     date ^xvii   Conversion     voting    rights ^xix, xx
 instrument                             period       rights
                                        ^xviii     instrument         
                                                   refers to

                                                       
                                                               Nominal  Delta



Total (A+B+C)
Number of voting rights Percentage of voting rights
       5,229,000                   3.2%



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:
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:             Yakoub Yakoubov
15. Contact telephone number:





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           The company news service from the London Stock Exchange

END


HOLUAOSRUKAARAA -0- Nov/01/2012 14:41 GMT