Notification of Major Interest in Shares (1836D)
18 Mars 2011 - 8:00AM
UK Regulatory
TIDMBRST
RNS Number : 1836D
Burst Media Corporation
18 March 2011
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
------------------------------------------------------------------------------
1. Identity of the issuer or the BURST MEDIA CORPORATION
underlying issuer of existing shares to
which voting rights are attached:
------------------------------------------ ----------------------------------
2 Reason for the notification (please tick the appropriate box or boxes):
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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
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An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please
specify):
---------------- --------------------------------------------------- -------
3. Full name of person(s) subject BROOKWELL LIMITED
to the
notification obligation:
------------------------------------ ----------------------------------------
4. Full name of shareholder(s) NORTRUST NOMINEES LIMITED
(if different from 3.):
------------------------------------ ----------------------------------------
5. Date of the transaction and date 17 MARCH 2011
on
which the threshold is crossed or
reached:
------------------------------------ ----------------------------------------
6. Date on which issuer notified: 17 MARCH 2011
------------------------------------ ----------------------------------------
7. Threshold(s) that is/are crossed >5%
or
reached:
------------------------------------ ----------------------------------------
8. Notified details:
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A: Voting rights attached to shares
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Class/type Situation previous
of to the triggering Resulting situation after the triggering
shares transaction transaction
------------- --------------------------------- ---------------------------------------------------------------------
Number
Number of
of Voting Number Number of voting
Shares Rights of shares rights % of voting rights
------------- ------------- ------------------ ------------ ------------------------ -----------------------------
Direct Direct Indirect Direct Indirect
------------- ---- ----- ------ ----- --- ------------ ------------- --------- ------------- --------------
COMMON
SHARES
USU122051076 Nil Nil 4,148,013 4,148,013 5.79%
------------- ------------- ------------------ ------------ ------------- --------- ------------- --------------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
-----------------------------------------------------------------------------------------------------------------------
Number of voting
rights that may
be
acquired if the
Type of financial Expiration Exercise/ instrument is % of voting
instrument date Conversion Period exercised/ converted rights
--------------------- ------------- ------------------------------ --------------------------- --------------------
n/a
--------------------- ------------- ------------------------------ --------------------------- --------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
-----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
-----------------------------------------------------------------------------------------------------------------------
Type of Exercise/ Number of voting
financial Exercise Expiration Conversion rights instrument
instrument price date period refers to % of voting rights
--------------- ----------- ------------- ----------------- ---------------------------- -------------------------
n/a Nominal Delta
--------------- ----------- ------------- ----------------- ---------------------------- ------------ -----------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
------------------------------------------------------------ ---------------------------------------------------------
4,148,013 5.79%
------------------------------------------------------------ ---------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable:
------------------------------------------------------------------------------
n/a
Proxy Voting:
------------------------------------------------------------------------------
10. Name of the proxy holder: n/a
------------------------------------------------- ---------------------------
11. Number of voting rights proxy holder will
cease
to hold: n/a
------------------------------------------------- ---------------------------
12. Date on which proxy holder will cease to
hold
voting rights: n/a
------------------------------------------------- ---------------------------
Progressive AIM Realisation Limited
is Investment Manager to Brookwell
13. Additional information: Limited.
-------------------------------------- --------------------------------------
14. Contact name: Anthony Lee
-------------------------------------- --------------------------------------
15. Contact telephone number: 020 7490 4355
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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