For filings with the FCA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying Prospect Japan Fund Ltd
issuer of existing shares to which voting rights
are attached: ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights X
An acquisition or disposal of qualifying financial instruments which
may result in the acquisition of shares already issued to which voting
rights are attached
An acquisition or disposal of instruments with similar economic effect
to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to Permal Investment Holdings N.V.
the notification obligation: iii
4. Full name of shareholder(s) BNY Mellon (FBO Permal Investment Holdings N.V)
(if different from 3.):iv
5. Date of the transaction and date 30 January 2015
on which the threshold is crossed or reached: v
6. Date on which issuer notified: 03 February 2015
7. Threshold(s) that is/are crossed 5%
or reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
Number Number Number Number of voting % of voting rights
if possible of of of shares rights x
using Shares Voting
the ISIN Rights Direct Direct xi Indirect Direct Indirect
CODE xii
GB00B011QL44 4,928,572 4,928,572 4,178,572 4.52%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period rights that may be rights
xiv acquired if the
instrument is
exercised/
converted.
N/A
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
Resulting situation after the triggering transaction
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date xvii Conversion rights instrument rights xix, xx
instrument period refers to
xviii
N/A Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
4,178,572 4.52%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Permal Investment Holdings NV (4,178,572 shares and voting rights of 4.52% -
down from 9.97% at the time of the last filing).
Proxy Voting:
10. Name of the proxy holder: N/A
11. Number of voting rights proxy holder will
cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
The change in percentage of voting
13. Additional information: rights is due to Permal Investment
Holdings NV ("PIH") selling 750,000
shares, which caused PIH's ownership to
decrease from 5.33% (representing a
holding of 4,982,572 shares) to 4.52%
(representing a holding of 4,178,572
shares).
14. Contact name: Glyn Clark
15. Contact telephone number: +44 20 7382 1358© 2015 PR Newswire
