Last checked at 11 Jul 2008 07:00
Stanelco PLC ("the Company")
Notifiable Interest
A form TR-1 containing the following information has been received by the Company.
TR-1 notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Stanelco PLC
2. Reason for the notification
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation:
Barclays PLC
4. Full name of shareholder(s) (if different from 3):
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
9 July 2008
6. Date on which issuer notified:
10 July 2008
7. Threshold(s) that is/are crossed or reached:
12% to 11%
8. Notified details:
A: Voting rights attached to shares
| Class/type of shares if possible using ISIN CODE | Situation previous to Triggering transaction | Resulting situation after the triggering transaction Notification required under DTR transitional provision 7 | |||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Indirect | Direct | Indirect | ||||
| ISIN GB0005814198 | 375,434,349 | 375,434,349 | 366,324,589 | 0 | 366,324,589 | 0 | 11.90% |
B: Financial Instruments
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period/ Date | Number of voting rights that may be acquired if the instrument is exercised/ converted | % of voting rights |
Total (A+B)
| Number of voting rights | % of voting rights |
| 366,324,589 | 11.90% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
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:
N/a
14. Contact name:
Geoff Smith
15. Contact telephone number:
020 7116 2913