BLACKSTAR GROUP SE - Notification of major interest in shares

Notification of major interest in shares

Blackstar Group SE
Previously Blackstar Group PLC
(Incorporated in Malta)
(Company number SE 4)
(registered as an external company with limited liability
in the Republic of South Africa under registration number
2011/008274/10)
Share code: BCK
ISIN: MT0000620113
(“Blackstar” or the “Company”)

NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the
underlying issuer of existing shares to     
which voting rights are attached: ii          Blackstar Group Plc

2 Reason for the notification (please tick the appropriate box or
boxes):

An acquisition or disposal of voting rights
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): Change to issued share capital           Yes


3. Full name of person(s) subject to the
notification obligation: iii                  Schroders plc

4. Full name of shareholder(s)(if different
from 3.):iv

5. Date of the transaction and date on which
the threshold is crossed or reached: v         09.07.13

6. Date on which issuer notified:              10.07.13

7. Threshold(s) that is/are crossed or
reached: vi, vii                               Below 5%

8. Notified details: viii, ix
A: Voting rights attached to shares

Class/t   Situation           Resulting situation after the triggering
ype of    previous            transaction
shares    to the
          triggering
if        transaction
possibl   Number   Number     Number    Number of               % of voting
e using   of       of         of        voting                  rights x
the       Shares   Voting     shares    rights
ISIN               Rights                                   
                              Direct    Direct xi  Indirect xii   Direct Indirect
CODE                                                         

Ordinar
    y

GB00B0W   7,978,3   7,978,3   3,991,5               3,991,5
 3NL87         97        97        00      N/A           00       N/A    4.961%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of      Expirat   Exercise/           Number of             % of voting
financial    ion       Conversion          voting                rights
instrument   date      Period xiv          rights that may
             xiii
                                           be
                                           acquired if the
                                           instrument is
                                           exercised/
                                           converted.

N/A          N/A       N/A                 N/A                   N/A



C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv, xvi
Resulting situation after the triggering transaction

Type of     Exerci  Expira  Exercis      Number of           % of voting
financi     se      tion    e/           voting rights       rights xix,xx
al          price   date    Convers      instrument
                    xvii
instrum                     ion          refers to
ent                         period
                            xviii


                                                            Nominal      Delta
N/A         N/A     N/A     N/A          N/A
                                                            N/A          N/A


Total (A+B+C)
Number of voting rights             Percentage of voting rights

3,991,500                           4.961%

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

Schroder Investment Management Limited          3,991,500     4.961%




Proxy Voting:

10. Name of the proxy holder:             N/A

11. Number of voting rights proxy
holder will cease                         
to hold:                                  N/A

12. Date on which proxy holder will
cease to hold                             
voting rights:                            N/A 

13 Additional information:    The shares referred to in section 9
                              are held in portfolios managed by
                              those firms on a discretionary basis
                              for clients under investment
                              management agreements.

14. Contact name:             Shaheen Hussain

15. Contact telephone
number:                       020 7658 6000


For further information, please contact:

Blackstar Group SE
John Kleynhans
+352 26 38 68 606

Liberum Capital Limited
Chris Bowman/Christopher Britton
+44 (0) 20 3100 2222

PSG Capital (Pty) Limited
David Tosi
+27 (0) 21 887 9602

11 July 2013

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