20 Nov 2008 17:19
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Richoux Group PLC
Ord 4p
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)
Other (please specify): (No)
3. Full name of person(s) subject to the notification obligation (iii):
LMS Capital plc
4. Full name of shareholder(s) (if different from 3.) (iv):
LMS Capital 2008 L.P. (Westpool Trust)
LMS Capital 2007 L.P.
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
13 November 2008
6. Date on which issuer notified:
19 November 2008
7. Threshold(s) that is/are crossed or reached:
25%
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 (vi) | |
| Number of shares | Number of voting Rights (viii) | |
| GB00B0NYFG99 | 9,532,136 | 9,532,136 |
Resulting situation after the triggering transaction (vii)
| Class/type of shares if possible using the ISIN CODE | Number of voting rights (ix) | % of voting rights | ||
| Direct (x) | Indirect (xi) | Direct | Indirect | |
| GB00B0NYFG99 | 9,843,712 | 746,116 | 23.43 | 1.78 |
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
| Type of financial instrument | Expiration Date (xiii) | Exercise/Conversion Period/Date (xiv) | 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 |
| 10,589,828 | 25.20 |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
n/a
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:
Direct Interests:
LMS Capital 2007 L.P. - 8,786,020 shares (registered in the name of Westpool Investment Trust plc); and
LMS Capital 2008 L.P. - 1,057,692 shares (registered in its own name).
Indirect Interests:
Robert Anthony Rayne is an executive director of both Westpool Investment Trust plc and LMS Capital plc and a founder partner of LMS Capital 2007 L.P and LMS Capital 2008 L.P. Mr Rayne holds an additional 628,452 Ordinary Shares in his own name;
Richard Christou is an independent non-executive director of LMS Capital plc. Mr Christou holds an additional 60,000 Ordinary Shares in his Self Invest Pension Plan; and
James Rhodes is a non-executive director of Richoux Group plc and is an employee of LMS Capital plc. Mr Rhodes holds an additional 57,664 Ordinary Shares in his own name.
14. Contact name:
Matthew Jones
15. Contact number:
020 7935 3555