23 Jul 2010 11:08
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: | RENOLD PLC | |||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights |
| |||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | YES | |||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
| |||
An event changing the breakdown of voting rights |
| |||
Other (please specify): |
|
| ||
3. Full name of person(s) subject to the notification obligation: | Toscafund Asset Management LLP
| |||
4. Full name of shareholder(s) (if different from 3.): | Tosca Mid Cap Fund DB Platinum Tosca Mid Cap Equity Fund
| |||
5. Date of the transaction and date on which the threshold is crossed or reached: | 20/07/2010 | |||
6. Date on which issuer notified: | 22/07/2010 | |||
7. Threshold(s) that is/are crossed or reached: | 5% | |||
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 | 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 | |||||||||||
GB0007325078
| 9,673,400 |
9,673,400
|
5,792,642
| 0 |
5,792,642
| 0 | 2.6382% | ||||||||
| |||||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
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 | |||||||||||
|
|
|
|
| |||||||||||
| |||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to
| % of voting rights
| ||||||||||
CFD |
|
|
| 4,455,758 | Nominal | Delta | |||||||||
| 2.0293% | ||||||||||||||
| |||||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
10,248,400 | 4.6676% | ||||||||||||||
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: |
| |
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: | Hannah Woodcock | |
15. Contact telephone number: | 0161 498 4500 | |