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Holding(s) in Company

18 Aug 2011 13:08

RNS Number : 6178M
Electrocomponents PLC
18 August 2011
 



 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Electrocomponents 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

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Silchester International Investors LLP

4. Full name of shareholder(s)  (if different from 3.):iv

Silchester International Investors International Value Equity Taxable Trust

 

Silchester International Investors International Value Equity Trust

 

Silchester International Investors International Value Equity Group Trust

 

Silchester International Investors Tobacco Free International Value Equity Trust

 

The Calleva Trust

 

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

17th August 2011

6. Date on which issuer notified:

18th August 2011

7. Threshold(s) that is/are crossed orreached: vi, vii

18%

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB0003096442

74,203,097

74,203,097

78,792,152

78,792,152

18.07%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

N/A

N/A

N/A

N/A

N/A

 

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

78,792,152

18.07%

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

 

N/A

Proxy Voting:

10. Name of the proxy holder:

Silchester International Investors LLP

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

Silchester International Investors LLP ("Silchester") acts as investment manager for its clients detailed in Question 4 above ("Clients"). In acting for its Clients, Silchester are given full discretion over their investments and are empowered to vote on their behalf. However, they do not act as its Clients' custodian and therefore shares are not held in its name but in the name of each Client's custodian bank.

 

The increase in Silchester's holdings was due to a series of transactions over a series of different trading days. Details of the number of shares held before the change (shown in Section A 'Situation previous to the triggering transactions above), represent the shares held by Silchester's clients as of the date of its last Notice of Substantial Shareholder's Interest and not as of the last trading day before which this disclosure level was triggered.

 

Notification is provided based on the total voting rights figure of 436,122,933.

14. Contact name:

Ian Haslegrave

15. Contact telephone number:

01865 207491

16. Date:

18 August 2011

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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