13 Aug 2009 09:26
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Cosalt 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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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| An event changing the breakdown of voting rights |
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| Other (please specify): |
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| 3. Full name of person(s) subject to the notification obligation: | Barclays PLC |
| 4. Full name of shareholder(s) (if different from 3.):
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| Barclays Stockbrokers Ltd | |
| Gerrard Investment Management Ltd | |
| 5. Date of the transaction and date on which the threshold is crossed or reached: | 6 August 09 |
| 6. Date on which issuer notified: | 7 August 09 |
| 7. Threshold(s) that is/are crossed or reached: | 4% to 5% |
| 8. Notified details: | |||||||
| A: Voting rights attached to shares | |||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Direct | Indirect | Direct | Indirect | |||
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| 10,000 | 10,000 | 1,367,137 | 0.00 | 1,367,137 | 0.00 | 5.18 |
| GB0002265055 | |||||||
| B: Qualifying Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
| Resulting situation after the triggering transaction | ||||||
| Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights | |
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| Nominal | Delta |
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| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 1,367,137 | 5.18 |
| 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 |
| Proxy Voting: | |
| 10. Name of the proxy holder: |
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| 11. Number of voting rights proxy holder will cease to hold: |
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| 12. Date on which proxy holder will cease to hold voting rights: |
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| 13. Additional information: |
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| 14. Contact name: | Geoff Smith |
| 15. Contact telephone number: | 020 7116 2913 |