8 Jul 2008 13:22
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:
Stratex International plc
2. Reason for the notification (please state 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)
3. Full name of person(s) subject to the notification obligation:
Orion Trust Limited
4. Full name of shareholder(s) (if different from 3):
Orion Trust Limited (9,000,000 shares)
Forest Nominees Limited a/c GC1 (7,900,000 shares)
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
1 and 2 July 2008
6. Date on which issuer notified:
4 July 2008
7. Threshold(s) that is/are crossed or reached:
7.21%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using ISIN code | Situation of 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 | Indirect | Direct | Indirect | ||||
GB00BT0T29327 | 15,500,000 | 15,500,000 | 16,900,000 | 16,900,000 | n/a | 7.214% | n/a |
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 |
n/a | n/a | n/a | n/a | n/a |
Total (A + B)
Number of Voting Rights | % of voting rights |
16,900,000 | 7.214% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable
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:
N/A
14. Contact name:
N/A
15. Contact telephone number:
N/A
Annex Notification Of Major Interests In Shares
A: Identity of the person or legal entity subject to the notification obligation | |
Full name (including legal form for legal entities) | Orion Trust Limited |
Contact Address (registered office for legal entities) | PO Box 374, Richmond House, St Julian's Avenue, St Peter Port, Guernsey, GY1 3YS |
Phone number | 01481 713667 |
Other useful information (at least legal representative for legal persons) | |
B: Identity of the notifier, if applicable | |
Full name | Collins Stewart (CI) Limited |
Contact address | PO Box 45, 2nd Floor, 1, Le Truchot, St Peter Port, Guernsey |
Phone number | 01481 731 963 (Sandra Lawrence) |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | Acting as execution only broker and nominee |
Stratex International plc | 020 7830 9650 |
Bob Foster |
Hanson Westhouse Limited | 020 7601 6100 |
Anita Ghanekar |