Holding(s) in Company

    RNS Number : 7229Y
  Creston PLC
  09 July 2008
   



 TR-1: Notifications of Major Interests in Shares

 1. Identity of the issuer or the underlying issuer of existing    Creston plc
 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          No
 attached 
                                                                              No
 An event changing the breakdown of voting rights
                                                                              No
 Other (please specify):______________

 3. Full name of person(s) subject           Pangaea One
 to notification obligation:              Management LLC
                                               Jefferies
 4. Full name of shareholder(s)            International
 (if different from 3):               (Nominees) Limited
                                            July 7, 2008
 5. Date of transaction (and date
 on which the threshold is crossed
 or reached if different):
                                            July 9, 2008
 6. Date on which issuer notified:
                                                 7% - 8%
 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
                                  3,917,481             3,917,481         4,487,855       0       4,487,855            0     8.07%
 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
 4,487,855                                      8.07%



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

 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
 
  END
 
 
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