Changes in substantial shareholdingsTallinn, 2013-09-09 15:00 CEST --
On September 6, 2013 Franklin Resources, Inc., on behalf of Templeton Asset Management Ltd. ("TAML"), acting in the capacity as discretionary investment manager to underlying funds and managed accounts, notified the management board of Silvano Fashion Group (SFG) that it's aggregate shareholdings has exceeded the threshold of 5% of the total votes of in Silvano Fashion Group.
The reason for the change in the total number of votes was due to the purchase of 113 667 shares of the company on September 5, 2013.
Prior to the change of share amount, TAML held 1 865 431 shares in the Silvano Fashion Group, representing 4.73% of the share capital of the company and the votes entitled to vote at the general meeting.
After the transaction, TAML has 1 979 098 shares of Silvano Fashion Group AS, which represents 5.02% of the share capital of the company and the votes entitled to vote at the general meeting.
The announcement is composed in accordance with Estonian Securities Market Act, Article 185, and in accordance with Article 69, Sec. 1, Item 2 in connection with Art. 87 Sec. 1 Item 3 Point b) of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments into Organized Trading, and Public Companies of Poland.
Märt Meerits
Member of the management board
Silvano Fashion Group
Tel: 00 372 6845 000
info@silvanofashion.com
|