Holding(s) in Company

    RNS Number : 5546U
  Creston PLC
  15 May 2008
   



 TR-1: Notifications of Major Interests in Shares

                                                                           Creston plc
 1. Identity of the issuer or the underlying issuer of
 existing shares to which voting rights are attached:

 2. Reason for notification (yes/no)
                                                                                   Yes
 An acquisition or disposal of voting rights

 An acquisition or disposal of financial instruments which may result in the          
 acquisition of shares already issued to which voting rights are attached           No
                                                                                    No
 An event changing the breakdown of voting rights
                                                                                    No
 Other (please specify):______________


 3. Full name of person(s) subject to                                         
 notification obligation:                          Pangaea One Management, LLC
                                                   Silicon Metals Holdings LLC
 4. Full name of shareholder(s) (if different
 from 3):
                                                                  May 13, 2008
 5. Date of transaction (and date on which the
 threshold is crossed or reached if different):
                                                                  May 14, 2008
 6. Date on which issuer notified:
                                                                       5% - 6%
 7. Threshold(s) that is/are crossed or reached:


 8: Notified Details
 A: Voting rights attached to shares

 Class/type of shares  Situation previous to the triggering        Resulting situation after the triggering transaction
 If possible use ISIN  transaction
 code
                       Number of shares      Number of voting      Number of shares  Number of voting        Percentage of voting
                                             rights                                  rights                  rights

                                                                                     Direct  Indirect        Direct       Indirect
                                  2,848,333             2,848,333         3,767,481       0       3,767,481            0     6.77%
 Ordinary



 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)




 Total (A+B)

 Number of voting rights  Percentage of voting rights
 3,767,481                                      6.77%



 9. Chain of controlled undertakings through which the voting rights and /or
 the financial instruments are effectively held, if applicable:


 Proxy Voting:

 10. Name of 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:                Sabina Potack

 15. Contact telephone name:  001 212 461 6363


    For notes on how to complete form TR-1 please see the FSA website. 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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