13 Apr 2010 12:48
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Lok'n Store Group 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 |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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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 the notification obligation:
| Funds under the discretionary management of Laxey Partners Ltd |
4. Full name of shareholder(s) (if different from 3.):
| Credit Suisse Client Nominees UK Ltd |
5. Date of the transaction and date on which the threshold is crossed or reached:
| 6 April 2010 |
6. Date on which issuer notified:
| 8 April 2010 |
7. Threshold(s) that is/are crossed or reached:
| Over 12% |
8. Notified details: 5.13% on 4 February 2010 | |||||||
A: Voting rights attached to shares
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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 | |||
GB0007276115 | 606,668 | 606,668 | 2,408,757 | 2,408,757 |
| 9.40% |
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B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
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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 |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction
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Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights
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CFD's |
N/A |
N/A |
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766,702 | Nominal | Delta |
2.99% |
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Total (A+B+C)
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Number of voting rights | Percentage of voting rights |
3,175,459 shares | 12.40% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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Proxy Voting:
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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:
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14. Contact name:
| Laxey Partners Ltd |
15. Contact telephone number:
| +44 (0)1624 690900 |