23 Dec 2008 11:02
TR-1: Notifications of Major Interests in Shares |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Mears Group 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 | No | ||
An event changing the breakdown of voting rights | No | ||
Other (please specify):______________ | No | ||
3. Full name of person(s) subject to notification obligation: | HBOS plc | ||
4. Full name of shareholder(s) (if different from 3): | see Section 9 | ||
5. Date of transaction (and date on which the threshold is crossed or reached if different): | 19 December 2008 | ||
6. Date on which issuer notified: | 22 December 2008 | ||
7. Threshold(s) that is/are crossed or reached: | Direct and Indirect holdings increased to above 6% |
8: Notified Details | |||||||
A: Voting rights attached to shares | |||||||
Class/type of shares If 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 | ||||
Ord 1p shares GB0005630420 | 4,321,399 | 4,321,399 | 2,691,174 | 2,691,174 | 1,770,996 | 3.639% | 2.394% |
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 |
Total (A+B) | |
Number of voting rights | Percentage of voting rights |
4,462,170 | 6.033% |
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
Insight Investment Management (Global) Limited* ("IIMGL") - (Indirect) - 4,222,448 (5.709%) IIMGL manages holdings on behalf of other HBOS Group companies, and other third parties external to the HBOS Group, under various discretionary management arrangements. (* - wholly owned subsidiaries of HBOS plc) |
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 |
13. Additional information: | Notification using the total voting rights figure of 73,963,770 |
14 Contact name: | Kenny Melville |
15. Contact telephone name: | 0131 243 8671 |