Last checked at 24 Jun 2011 17:57
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:
Vallares Plc
2. Reason for the notification:
Admission of ordinary shares onto the London Stock Exchange
3. Full name of person(s) subject to the notification obligation:
Lloyds Banking Group plc
4. Full name of shareholder(s) (if different from 3.):
See section 9
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
22 June 2011
6. Date on which issuer notified:
23 June 2011
7. Threshold(s) that is/are crossed or reached:
Indirect holding increased above 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 | |
Number of shares | Number of voting Rights | |
Ord 10p shares JE00B55Q3P39 |
N/A |
N/A
|
Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights | ||
Direct | Direct | Indirect | Direct | Indirect | |
Ordinary JE00B55Q3P39 |
|
|
7,766,709 |
|
5.836% |
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 |
N/A |
|
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 | |
Nominal | Delta | |||||
Total (A+B+C)
Number of voting rights | % of voting rights |
7,766,709 | 5.836% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
7,766,709 Shares (5.836%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc.
Proxy Voting:
10. Name of the 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
13. Additional information:
Notification using the total voting rights figure of 133,090,002
14. Contact name:
Matthew Wilson
15. Contact telephone number:
0113 235 7729