5 Jan 2009 12:55
5th January 2009
LONRHO PLC
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:
Lonrho Plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: (X)
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: (X)
Other (please specify) : ( )
……………..
3. Full name of person(s) subject to the notification obligation:
Mackenzie Cundill Investment Management Ltd. On behalf of itself and Mackenzie Financial Corporation (which has an individual notification obligation)
4. Full name of shareholder(s) (if different from 3.):
Mellon Nominees (UK) Ltd.
(91,000,000 voting rights)
Chase Nominees Limited
(5,500,000 voting rights)
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
19th December 2008
6. Date on which issuer notified:
23rd December 2008
7. Threshold(s) that is/are crossed or reached:
13% (see box 9)
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 |
| GB0002568813 | 59,500,000 (see box 9) | |
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 |
| GB0002568813 | 37,000,000 | 96,500,000 (see box 9) | 12.63% | ||
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 |
Total (A+B)
| Number of voting rights | % of voting rights |
| 96,500,000 | 12.63% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
11.91% of the voting rights are held by Mackenzie Cundill Investment Management Ltd., as investment manager which has a disclosable interest as a result of DTR 5.2.1R(h).
0.72% of the voting rights are held by Mackenzie Cundill Investment Management (Bermuda) Ltd., as investment manager, which has an interest but no individual disclosure obligation.
Mackenzie (Rockies) Corp. is a 100% shareholder of Mackenzie Cundill Investment Management (Bermuda) Ltd.
Mackenzie Financial Corporation is a 100% shareholder of Mackenzie Cundhill Investment Management Ltd. and Mackenzie (Rockies) Corp. and has an indirect holding of 12.63% as a result of DTR5.2.1R(e)
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:
Jim Hughes
15. Contact telephone number:
+44(0) 20 7016 5105