22 Oct 2008 11:33
TR-1: Notifications of Major Interests in Shares | |||||||||||||||
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Filtronic plc | ||||||||||||||
2. Reason for notification (yes/no) | |||||||||||||||
An acquisition or disposal of voting rights | Yes | ||||||||||||||
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached. |
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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 notification obligation: | North Atlantic Value LLP | ||||||||||||||
4. Full name of shareholder(s) (if different from 3): | 1. North Atlantic Smaller Companies Investment Trust plc 2. North Atlantic Value LLP (as Investment Manager/Adviser to other fund management clients)
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5. Date of transaction (and date on which the threshold is crossed or reached if different): | 21 October 2008 | ||||||||||||||
6. Date on which issuer notified: | 22 October 2008 | ||||||||||||||
7. Threshold(s) that is/are crossed or reached: | Below 11% | ||||||||||||||
8. Notified Details | |||||||||||||||
A: Voting rights attached to shares | |||||||||||||||
Class/type of sharesIf possible use 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 | Percentage of voting rights | |||||||||||
Direct | Indirect | Direct | Indirect | ||||||||||||
Ordinary GB0003362992 Sedol: 0336299 | 1. 2. | 5,000,000 3,250,000 | 5,000,000 3,250,000 | 5,000,000 2,997,592 | 5,000,000 2,997,592 | 6.73% 4.03% | |||||||||
B: Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights | |||||||||||
N/A | N/A | N/A | N/A | N/A | |||||||||||
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Total (A+B) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
7,997,592 | 10.76 | ||||||||||||||
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: | |||||||||||||||
N/A | |||||||||||||||
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Proxy Voting: | |||||||||||||||
10. Name of 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 | ||||||||||||||
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13. Additional information: | North Atlantic Value LLP is the investment manager/advisor in respect of the full 10.76% holding as it is investment manager/adviser to Holder 1 as well as the other clients included in Holder 2. | ||||||||||||||
14. Contact name: | Bonita Guntrip | ||||||||||||||
15. Contact telephone number: | 020 7747 5681 |