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Home Newsroom Financial News 11 Aug 11 - Notice of a Change in the Percentage Level of Substantial Shareholder's Interest or Cessation of Interest

NOTICE OF INTEREST/CHANGES IN INTEREST

NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING *

* Asterisks denote mandatory information *

Name of Announcer * EU YAN SANG INTERNATIONAL LTD
Company Registration No. 199302179H
Announcement submitted on behalf of EU YAN SANG INTERNATIONAL LTD
Announcement is submitted with
respect to *
EU YAN SANG INTERNATIONAL LTD
Announcement is submitted by * Danny Heng Hang Siong
Designation * Chief Financial Officer & Company Secretary
Date & Time of Broadcast 11-Aug-2011 17:14:19
Announcement No. 00050

Announcement Details

PART I

Date of notice to issuer * 08-08-2011
Name of Substantial Shareholder * HSBC Bank plc

PART II

Date of change of Interest 31-07-2011
The change in the percentage level From 9.243 % To 8.769 %
Circumstance(s) giving rise to the interest or change in interest HSBC Trustee (Hong Kong) Limited (“HTHK”), as trustee of 2 trusts, holds the Company shares by itself and also via Bestand Development Corporation which HTHK is its immediate sole shareholder.

As HTHK is owned by HSBC International Trustee Limited (“HKIT”), HKIT is thus deemed to have an indirect interest in the Company shares.

As a result of a transfer by HSBC Bank Bermuda Limited of all its shares in HKIT to HSBC Private Banking Holdings (Suisse) SA (“HPBH”), HSBC Holdings plc is deemed to have an indirect interest in the shares of the Company.

HPBH is a wholly-owned subsidiary of HSBC Europe (Netherlands) BV, which is substantially owned (94.9%) by HSBC Bank plc which is a wholly-owned subsidiary of HSBC Holdings plc.

 

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions This is a result of one transaction.

PART IV

Holdings of Substantial Shareholder , including direct and deemed interest :

Direct
Deemed
No. of shares held before the change 0 40,810,860
As a percentage of issued share capital 0 % 9.243 %
No. of shares held after the change 0 38,717,160
As a percentage of issued share capital 0 % 8.769 %

This filing is an update to the previous filing dated 01 August 2011 on Change in the Percentage Level of a Substantial Shareholder’s Interest in Eu Yan Sang International Limited shares by HSBC Holdings plc. The update is in Part III no.3.


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