Last checked at 21 Mar 2007 09:13
TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Chesnara plc
2. Reason for the notification State Yes/No An acquisition or disposal of voting rights No An acquisition or disposal of financial instruments No which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights No Other (please specify): Notification under DTR Rule Yes 5.8.3R
3. Full name of person(s) subject to the notification Allianz SE obligation (iii):
4. Full name of shareholder(s) (if different from 3.) Veer Palthe Voute NV (iv):
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 6. Date on which issuer notified: 20 March 2007 7. Threshold(s) that is/are crossed or reached: 12% 8. Notified details:
A: Voting rights attached to shares
Class/type of Situation Resulting situation after the triggering
shares previous to transaction (vii) if possible the Triggering using the ISIN transaction (vi) CODE Number Number Number Number of voting % of voting of of of rights (ix) rights Shares Voting shares Rights (viii) Direct Direct Indirect Direct Indirect (x) (xi) GB00B00FPT80 13,326,468 13,326,468 69,321 12.731% 0.065% B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Exercise/ Number of voting % of financial date (xiii) Conversion rights that may be voting instrument Period/ Date (xiv) acquired if the rights instrument is exercised/ converted Total (A+B) Number of voting rights % of voting rights 13,385,539 12.796%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Allianz SE is the ultimate holding company of Veer Palthe Voute NV ("VPV"). VPV is a direct subsidiary of Dresdner Bank Luxembourg S.A. ("DB Lux"), a direct subsidiary of Dresdner Bank AG ("Dresdner"). Dresdner is a direct subsidiary of Allianz Finanzbeteiligungs GmbH ("Allianz Finanz"), which is itself a direct subsidiary of Allianz SE.
Proxy Voting:10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Irina Daniel / James Wall 15. Contact telephone number: 020 7475 5617 / 020 7475 2194
CHESNARA PLC