1
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NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
City of London Investment Group PLC, (CLIG) a company incorporated under the laws of England and Wales.
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2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS*
OO
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o
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6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
0
|
|
8
|
SHARED VOTING POWER
1,674,510
|
||
9
|
SOLE DISPOSITIVE POWER
0
|
||
10
|
SHARED DISPOSITIVE POWER
1,674,510
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,674,510
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.8%
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14
|
TYPE OF REPORTING PERSON*
HC
|
1
|
NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
City of London Investment Management Company Limited (CLIM), a company incorporated under the laws of England and Wales.
|
||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
|
||
3
|
SEC USE ONLY
|
||
4
|
SOURCE OF FUNDS*
WC
|
||
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o
|
||
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
|
||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE VOTING POWER
0
|
|
8
|
SHARED VOTING POWER
1,674,510
|
||
9
|
SOLE DISPOSITIVE POWER
0
|
||
10
|
SHARED DISPOSITIVE POWER
1,674,510
|
||
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,674,510
|
||
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
||
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.8%
|
||
14
|
TYPE OF REPORTING PERSON*
IA
|
(a)
|
and (b). As of the date hereof, CLIG, through its control of CLIM, and CLIM, in its capacity as investment adviser to the City of London Funds and the Segregated Accounts, have voting and dispositive power with respect to all 1,674,510 Shares owned directly by the City of London Funds and the Segregated Accounts, representing approximately 18.8% of the 8.905 million Shares outstanding as of November 30, 2010, as reported by the Fund. As of the date hereof, EWF, IEM, TDX, FREE, GARF, GEM, GFM, IECF and the Segregated Accounts owned directly 105,370; 267,077; 15,307; 75,394; 22,315; 266,946; 2,065; 5,100 and 914,936 Shares, respectively, representing approximately 1.18%, 3.00%, 0.17%, 0.85%, 0.25%, 3.00%, 0.02%, 0.06% and 10.27%, respectively, of the 8.905 million Shares outstanding as of November 30, 2010.
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(c).
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Information with respect to all transactions in the Shares beneficially owned by the Reporting Persons that were effected during the past 60 days is set forth below:
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Portfolio
|
Tran Type
|
Trade Date
|
Par Value / Shares
|
Trade Price
|
Account
Account
|
BUY
BUY
|
3/22/2011
3/23/2011
|
10,190
201
|
6.90
6.90
|
Account
Account
|
BUY
BUY
|
3/24/2011
3/25/2011
|
16,500
20,000
|
6.94
6.98
|
Account
Account
|
BUY
BUY
|
3/28/2011
3/30/2011
|
6,100
2,700
|
6.96
6.96
|
Account
Account
|
BUY
BUY
|
3/31/2011
4/1/2011
|
5,891
8,544
|
6.98
7.04
|
Account
Account
|
BUY
BUY
|
4/4/2011
4/5/2011
|
3,500
900
|
7.14
7.11
|
Account
Account
|
BUY
BUY
|
4/6/2011
4/7/2011
|
3,482
5,938
|
7.21
7.24
|
Account
Account
|
BUY
BUY
|
4/8/2011
4/11/2011
|
1,900
13,355
|
7.29
7.26
|
Account
Account
|
BUY
BUY
|
4/12/2011
4/13/2011
|
10,000
7,200
|
7.23
7.23
|
Account
Account
|
BUY
BUY
|
4/15/2011
4/25/2011
|
3,800
2,500
|
7.09
7.09
|
Account
Account
|
BUY
BUY
|
4/26/2011
4/28/2011
|
5,500
2,132
|
7.19
7.37
|
Account
Account
|
BUY
BUY
|
4/29/2011
5/2/2011
|
16,200
19,049
|
7.38
7.41
|
Account
Account
|
BUY
BUY
|
5/3/2011
5/5/2011
|
3,400
4,600
|
7.34
7.13
|
Account
IECF
|
BUY
BUY
|
5/6/2011
5/11/2011
|
3,600
600
|
7.04
7.04
|
TDX
GARF
|
BUY
BUY
|
5/11/2011
5/12/2011
|
3,400
15,000
|
7.04
7.07
|
IECF
TDX
|
BUY
BUY
|
5/12/2011
5/12/2011
|
3,500
8,500
|
7.07
7.07
|
Account
Account
|
BUY
BUY
|
5/13/2011
5/16/2011
|
24,700
10,100
|
7.01
7.00
|
Account
GARF
|
BUY
BUY
|
5/17/2011
5/17/2011
|
20,240
7,315
|
7.00
7.01
|
IECF
TDX
|
BUY
BUY
|
5/17/2011
5/17/2011
|
160
900
|
7.00
7.00
|
Account
EWF
|
BUY
BUY
|
5/18/2011
5/18/2011
|
18,250
6,982
|
7.04
7.04
|
GFM I
IECF
|
BUY
BUY
|
5/18/2011
5/18/2011
|
40
40
|
7.04
7.04
|
TDX
Account
|
BUY
BUY
|
5/18/2011
5/19/2011
|
230
2,395
|
7.04
7.10
|
GFM I
IECF
|
BUY
BUY
|
5/19/2011
5/19/2011
|
275
800
|
7.10
7.10
|
TDX
Account
|
BUY
BUY
|
5/19/2011
3/22/2011
|
2,277
10,190
|
7.10
6.90
|
Account
Account
|
BUY
BUY
|
3/23/2011
3/24/2011
|
201
16,500
|
6.90
6.94
|
Account
Account
|
BUY
BUY
|
3/25/2011
3/28/2011
|
20,000
6,100
|
6.98
6.96
|
Account
Account
|
BUY
BUY
|
3/30/2011
3/31/2011
|
2,700
5,891
|
6.96
6.98
|
Account
Account
|
BUY
BUY
|
4/1/2011
4/4/2011
|
8,544
3,500
|
7.04
7.14
|
Account
Account
|
BUY
BUY
|
4/5/2011
4/6/2011
|
900
3,482
|
7.11
7.21
|
Account
Account
|
BUY
BUY
|
4/7/2011
4/8/2011
|
5,938
1,900
|
7.24
7.29
|
Account
Account
|
BUY
BUY
|
4/11/2011
4/12/2011
|
13,355
10,000
|
7.26
7.23
|
Account
Account
|
BUY
BUY
|
4/13/2011
4/15/2011
|
7,200
3,800
|
7.23
7.09
|
Account
Account
|
BUY
BUY
|
4/25/2011
4/26/2011
|
2,500
5,500
|
7.09
7.19
|
Account
Account
|
BUY
BUY
|
4/28/2011
4/29/2011
|
2,132
16,200
|
7.37
7.38
|
Account
Account
|
BUY
BUY
|
5/2/2011
5/3/2011
|
19,049
3,400
|
7.41
7.34
|
Account
Account
|
BUY
BUY
|
5/5/2011
5/6/2011
|
4,600
3,600
|
7.13
7.04
|
IECF
TDX
|
BUY
BUY
|
5/11/2011
5/11/2011
|
600
3,400
|
7.04
7.04
|
GARF
IECF
|
BUY
BUY
|
5/12/2011
5/12/2011
|
15,000
3,500
|
7.07
7.07
|
TDX
Account
|
BUY
BUY
|
5/12/2011
5/13/2011
|
8,500
24,700
|
7.07
7.01
|
Account
Account
|
BUY
BUY
|
5/16/2011
5/17/2011
|
10,100
20,240
|
7.00
7.00
|
GARF
IECF
|
BUY
BUY
|
5/17/2011
5/17/2011
|
7,315
160
|
7.01
7.00
|
TDX
Account
|
BUY
BUY
|
5/17/2011
5/18/2011
|
900
18,250
|
7.00
7.04
|
EWF
GFM I
|
BUY
BUY
|
5/18/2011
5/18/2011
|
6,982
40
|
7.04
7.04
|
IECF
TDX
|
BUY
BUY
|
5/18/2011
5/18/2011
|
40
230
|
7.04
7.04
|
Account
GFM I
|
BUY
BUY
|
5/19/2011
5/19/2011
|
2,395
275
|
7.10
7.10
|
IECF
TDX
|
BUY
BUY
|
5/19/2011
5/19/2011
|
800
2,277
|
7.10
7.10
|
Account
Account
|
BUY
BUY
|
3/22/2011
3/23/2011
|
10,190
201
|
6.90
6.90
|
Account
Account
|
BUY
BUY
|
3/24/2011
3/25/2011
|
16,500
20,000
|
6.94
6.98
|
Account
Account
|
BUY
BUY
|
3/28/2011
3/30/2011
|
6,100
2,700
|
6.96
6.96
|
Account
Account
|
BUY
BUY
|
3/31/2011
4/1/2011
|
5,891
8,544
|
6.98
7.04
|
Account
Account
|
BUY
BUY
|
4/4/2011
4/5/2011
|
3,500
900
|
7.14
7.11
|
Account
Account
|
BUY
BUY
|
4/6/2011
4/7/2011
|
3,482
5,938
|
7.21
7.24
|
Account
Account
|
BUY
BUY
|
4/8/2011
4/11/2011
|
1,900
13,355
|
7.29
7.26
|
Account
Account
|
BUY
BUY
|
4/12/2011
4/13/2011
|
10,000
7,200
|
7.23
7.23
|
Account
Account
|
BUY
BUY
|
4/15/2011
4/25/2011
|
3,800
2,500
|
7.09
7.09
|
Account
Account
|
BUY
BUY
|
4/26/2011
4/28/2011
|
5,500
2,132
|
7.19
7.37
|
Account
Account
|
BUY
BUY
|
4/29/2011
5/2/2011
|
16,200
19,049
|
7.38
7.41
|
Account
Account
|
BUY
BUY
|
5/3/2011
5/5/2011
|
3,400
4,600
|
7.34
7.13
|
Account
IECF
|
BUY
BUY
|
5/6/2011
5/11/2011
|
3,600
600
|
7.04
7.04
|
TDX
GARF
|
BUY
BUY
|
5/11/2011
5/12/2011
|
3,400
15,000
|
7.04
7.07
|
IECF
TDX
|
BUY
BUY
|
5/12/2011
5/12/2011
|
3,500
8,500
|
7.07
7.07
|
Account
Account
|
BUY
BUY
|
5/13/2011
5/16/2011
|
24,700
10,100
|
7.01
7.00
|
Account
GARF
|
BUY
BUY
|
5/17/2011
5/17/2011
|
20,240
7,315
|
7.00
7.01
|
IECF
TDX
|
BUY
BUY
|
5/17/2011
5/17/2011
|
160
900
|
7.00
7.00
|
Account
EWF
|
BUY
BUY
|
5/18/2011
5/18/2011
|
18,250
6,982
|
7.04
7.04
|
GFM I
IECF
|
BUY
BUY
|
5/18/2011
5/18/2011
|
40
40
|
7.04
7.04
|
TDX
Account
|
BUY
BUY
|
5/18/2011
5/19/2011
|
230
2,395
|
7.04
7.10
|
GFM I
IECF
|
BUY
BUY
|
5/19/2011
5/19/2011
|
275
800
|
7.10
7.10
|
TDX
Account
|
BUY
BUY
|
5/19/2011
3/22/2011
|
2,277
10,190
|
7.10
6.90
|
Account
Account
|
BUY
BUY
|
3/23/2011
3/24/2011
|
201
16,500
|
6.90
6.94
|
Account
Account
|
BUY
BUY
|
3/25/2011
3/28/2011
|
20,000
6,100
|
6.98
6.96
|
Account
Account
|
BUY
BUY
|
3/30/2011
3/31/2011
|
2,700
5,891
|
6.96
6.98
|
Account
Account
|
BUY
BUY
|
4/1/2011
4/4/2011
|
8,544
3,500
|
7.04
7.14
|
Andrew Davison
|
Non-Executive Chairman
|
Barry Olliff
|
Chief Executive Officer
|
Douglas Allison
|
Finance Director
|
David Cardale
|
Non-Executive Director
|
George Robb
|
Non-Executive Director
|
Allan Bufferd
|
Non-Executive Director
|
Carlos Yuste
|
Business Development Director
|
Thomas Griffith
|
Chief Operating Officer
|
David Cardale
|
Non-Executive Chairman
|
Barry Olliff
|
Chief Executive Officer / Chief Investment Officer
|
Douglas Allison
|
Finance Director
|
Thomas Griffith
|
Director
|
Carlos Yuste
|
Director
|