BPI.L Regulatory News (BPI)

22 Mar 2007 16:37

British Polythene Industries PLC22 March 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): British Polythene Industries PLC 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 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 (iii): Aberforth Partners LLP 4. Full name of shareholder(s) (if different from 3.) (iv): Noted below No of Shares Aberforth Smaller Companies Trust plc Nortrust Nominees Ltd A/c Aberfrth 1,460,700 Aberforth UK Small Companies Fund Nortrust Nominees Ltd A/c Aberfrth 1,415,600 Aberforth Geared Capital & Income Trust plc Nortrust Nominees Ltd A/c Aberfrth 305,000 The Church Commissioners for England The Church Commissioners for England 249,100 (Chase GIS) Nominees Ltd 5. Date of the transaction and date on which the threshold is crossed or reachedif different) (v): 19 March 2007 6. Date on which issuer notified: 20 March 2007 7. Threshold(s) that is/are crossed or reached: 13% 8. Notified details: Sold 50,000 shares on 19 March 2007 A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction (vi) Number of shares Number of voting Rights (viii) ordinary shares 3,480,400 3,480,400 GB0007797425 Resulting situation after the triggering transaction (vii) Class/type of shares Number of shares Number of voting rights % of voting rights if possible using (ix) the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect ordinary shares N/A N/A 3,430,400 N/A 12.95% GB0007797425 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting % of voting financial (xiii) Period/ Date (xiv) rights that may be rights instrument acquired if the instrument is exercised/ converted. N/A N/A N/A N/A N/A Total (A+B)Number of voting % of voting rights rights 3,430,400 12.95% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): Held by Aberforth Partners LLP 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: N/A 14. Contact name: David Holland, Aberforth Partners LLP 15. Contact telephone number: 0131-220-0733 This information is provided by RNS The company news service from the London Stock Exchange