Abrdn Property Regulatory News (API)

19 Jul 2007 16:44

API Group PLC19 July 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: Api Group Plc 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: ( x ) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) 3. Full name of person(s) subject to the notification obligation: BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme. See Section 9 for further information. 4. Full name of shareholder(s) (if different from 3.): Royal Mail Pensions Trustees Limited as trustee of the Royal Mail Pension Plan 5. Date of the transaction and date on which the threshold is crossed or reachedif different): 18 July 2007 6. Date on which issuer notified: 19 July 2007 7. Threshold(s) that is/are crossed or reached: 12% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction Number of shares Number of voting Rights 0059206 4,439,211 4,439,211 GB0000592062 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rights if possible using the ISIN CODE Direct Indirect Direct Indirect Direct Indirect 0059206 2,643,266 2,643,266 1,795,945 7.673% 5.213%GB0000592062 B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting % of voting financial Period/ Date rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 4,439,211 12.886% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund Trustees Limited, which is the parent undertaking of Hermes Pensions Management Limited. Hermes Pensions Management Limited is the parent undertaking of: 1. Hermes Investment Management Limited (voting rights held in this issuer: 12.886% ) Please see Section 13 for further information. Proxy Voting: 10. Name of the proxy holder: See Comment in Section 13. 11. Number of voting rights proxy holder will cease to hold: See Comment in Section 13. 12. Date on which proxy holder will cease to hold voting rights: See Comment in Section 13. 13. Additional information: Hermes Investment Management Limited hold the voting rights under a standing proxy contained in investment management agreements with various underlyingclients, which includes all the shares owned directly by BT Pension Scheme. All voting rights held on behalf of the above entities are aggregated for thepurposes of DTR 5.2.1(a) and disclosed pursuant to DTR 5.1.5. This disclosure is made by BT Pension Scheme Trustees Limited, which is the ultimate parent undertaking for the purposes of DTR 5.2.1(e). 14. Contact name: Valerie Davidson / Margaret Moss 15. Contact telephone number: 020 7680 2177 / 020 7680 2125 Annex Notification Of Major Interests In Shares A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme andHermes Pensions Management Limited Contact address (registered office for legal entities): Lloyd Chambers, 1 Portsoken Street, London E1 8HZ Phone number: 020 7702 0888 Other useful information (at least legal representative for legal persons): BT Pension Scheme Trustee Limited is the parent undertaking of the group ofcompanies subject to the notification obligation as indirect holders of votingrights for the purpose of DTR 5.2.1(a) and 5.2.1 (e). B: Identity of the notifier, if applicable Full name: Hermes Investment Management Limited as agent for BT Pension Scheme Trustees Limited Contact address: Lloyds Chambers, 1 Portsoken Street, London E1 8HZ Phone number: 020 7680 2177 / 020 7680 2125 Other useful information (e.g. functional relationship with the person or legalentity subject to the notification obligation): Hermes Investment Management Limited acts as investment manager and agent on behalf of BT Pension Scheme Trustees Limited C: Additional information : Please contact Valerie Davidson / Margaret Moss on the above number for furtherinformation. This information is provided by RNS The company news service from the London Stock Exchange