MIG HOLDINGS S.A.
Disclosure of Regulated Information
MARFIN INVESTMENT GROUP HOLDINGS S.A. (hereinafter "the Issuer") hereby announces, pursuant to Law 3556/2007, the Decision 1/434/3.7.2007 of the Board of Directors of the Capital Market Committee and Circular 33 of the Capital Market Committee that, on 17.4.2008, DUBAI GROUP LIMITED advised the Issuer with its letter dated 16.4.2008 on the following:
Reason for the notification: Acquisition of voting rights in the Issuer Corporate name of the person subject to the notification obligation: DUBAI GROUP LIMITED
Name of shareholder (if other than the above person): DUBAI FINANCIAL GROUP LLC
Date of the transaction and date on which the percentage of voting rights crosses or reaches a threshold, or a change equal or greater than 3% occurs: 31.3.2008
Threshold crossed or reached by the person being subject to the notification: 15%
Notified details:
Situation previous to the triggering transaction:
Number of shares: 75,283,582 direct, 4,314,190 indirect (through the companies listed below), 79,597,772 total.
Number of voting rights: 75,283,582 direct, 4,314,190 indirect, 79,597,772 total.
% on voting rights: 9.07% direct, 0.52% indirect, 9.59% total.
Resulting situation after the triggering transaction:
Number of shares: 75,283,582 direct, 57,846,374 indirect (through the companies listed below), 133,129,956 total.
Number of voting rights: 75,283,582 direct, 57,846,374 indirect (through the companies listed below), 133,129,956 total. % of voting rights: 9.07% direct, 6.97% indirect, 16.04% total
Chain of any controlled companies beneficially owning the voting rights:
- "DUBAI GROUP LIMITED" holds 49% of the shares of "DUBAI GROUP LLC". Although this is not a majority equity stake, "DUBAI GROUP LIMITED" is however the appointed manager of "DUBAI GROUP LLC" (under the laws of Dubai) and therefore has managerial and operational control over "DUBAI GROUP LLC" since September 2007.
- "DUBAI GROUP LLC" holds 51% of "DUBAI INVESTMENT GROUP LLC".
- "DUBAI INVESTMENT GROUP LLC" holds 99% of "DUBAI FINANCIAL GROUP LLC".
- "DUBAI FINANCIAL GROUP LLC" completed the transaction in question on 31.3.2008, while prior to that it directly held 0.52% on the voting rights of the Issuer. Immediately after the transaction, its direct holding on the Issuer's voting rights was increased to 6.97%.
- All companies listed above are ultimately controlled by His Highness the Sheikh Mohammed Bin Rashid Al Maktoum.
Additional information:
For the purpose of providing an overview of Dubai Group, it is noted that "DUBAI INVESTMENT GROUP LIMITED" also belongs to the group. In specific, "DUBAI INVESTMENT GROUP LIMITED" is a wholly owned subsidiary of "DUBAI GROUP LIMITED" and holds 1% in "DUBAI FINANCIAL GROUP LLC".
This announcement contains regulated information, is made public pursuant to the provisions of articles 19-21 of Law 3556/2007 and decision nr. 1/434/3.7.2007 of the Board of Directors of the Capital Market Committee, and is available at the Issuer's website (www.marfininvestmentgroup.com).
Reason for the notification: Acquisition of voting rights in the Issuer Corporate name of the person subject to the notification obligation: DUBAI GROUP LIMITED
Name of shareholder (if other than the above person): DUBAI FINANCIAL GROUP LLC
Date of the transaction and date on which the percentage of voting rights crosses or reaches a threshold, or a change equal or greater than 3% occurs: 31.3.2008
Threshold crossed or reached by the person being subject to the notification: 15%
Notified details:
Situation previous to the triggering transaction:
Number of shares: 75,283,582 direct, 4,314,190 indirect (through the companies listed below), 79,597,772 total.
Number of voting rights: 75,283,582 direct, 4,314,190 indirect, 79,597,772 total.
% on voting rights: 9.07% direct, 0.52% indirect, 9.59% total.
Resulting situation after the triggering transaction:
Number of shares: 75,283,582 direct, 57,846,374 indirect (through the companies listed below), 133,129,956 total.
Number of voting rights: 75,283,582 direct, 57,846,374 indirect (through the companies listed below), 133,129,956 total. % of voting rights: 9.07% direct, 6.97% indirect, 16.04% total
Chain of any controlled companies beneficially owning the voting rights:
- "DUBAI GROUP LIMITED" holds 49% of the shares of "DUBAI GROUP LLC". Although this is not a majority equity stake, "DUBAI GROUP LIMITED" is however the appointed manager of "DUBAI GROUP LLC" (under the laws of Dubai) and therefore has managerial and operational control over "DUBAI GROUP LLC" since September 2007.
- "DUBAI GROUP LLC" holds 51% of "DUBAI INVESTMENT GROUP LLC".
- "DUBAI INVESTMENT GROUP LLC" holds 99% of "DUBAI FINANCIAL GROUP LLC".
- "DUBAI FINANCIAL GROUP LLC" completed the transaction in question on 31.3.2008, while prior to that it directly held 0.52% on the voting rights of the Issuer. Immediately after the transaction, its direct holding on the Issuer's voting rights was increased to 6.97%.
- All companies listed above are ultimately controlled by His Highness the Sheikh Mohammed Bin Rashid Al Maktoum.
Additional information:
For the purpose of providing an overview of Dubai Group, it is noted that "DUBAI INVESTMENT GROUP LIMITED" also belongs to the group. In specific, "DUBAI INVESTMENT GROUP LIMITED" is a wholly owned subsidiary of "DUBAI GROUP LIMITED" and holds 1% in "DUBAI FINANCIAL GROUP LLC".
This announcement contains regulated information, is made public pursuant to the provisions of articles 19-21 of Law 3556/2007 and decision nr. 1/434/3.7.2007 of the Board of Directors of the Capital Market Committee, and is available at the Issuer's website (www.marfininvestmentgroup.com).