22 Jul 2008 14:34
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: | ELECTROCOMPONENTS PLC | ||
2. Reason for the notification (please tick the appropriate box or boxes) | |||
An acquisition or disposal of voting rights | √ | ||
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: | OppenheimerFunds Inc (OFI) and Baring Asset Management Limited (Baring) | ||
4. Full name of shareholder(s) (if different from 3.): |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different): | July 18, 2008 | ||
6. Date on which issuer notified: | July 21, 2008 | ||
7. Threshold(s) that is/are crossed or reached: | 4% (subsidiary independently crossed at 3.983%) | ||
8. Notified details: | Company Secretary: Ian Haslegrave Electrocomponents plc International Management Centre 8050 Oxford Business Park NorthOxford OX4 2HW Tel: +44 1865 204000 Fax: +44 1865 207400 |
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 | |||
GB0003096442 OFI Baring Total |
17,438,401 72,400 17,510,801 | 17,438,401 72,400 17,510,801 | 17,340,245 72,400 17,412,645 | 17,340,245 72,400 17,412,645 | 3.9831% .0166% 3.9997% |
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 |
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Total (A+B) | |
Number of voting rights | % of voting rights |
17,412,645 | 3.9997% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
Oppenehimer Funds, Inc. owns, as of 7/18/08, 17,340,245 shares equal to 3.9831% of the shares outstanding . Baring Asset Management Limited owns, as of 7/18/08, 72,400 shares equal to .0166% of the shares outstanding . Shares outstanding: 435,350,416.0000 |
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: | |
14. Contact name: | Ian Haslegrave |
15. Contact telephone number: | 01865 207491 |
16. Date: | 22 July 2008 |