19 Feb 2010 17:14
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: | Sportech PLC |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights | YES | |
Other (please specify): |
|
|
3. Full name of person(s) subject to the notification obligation:
| Aberforth Partners LLP |
4. Full name of shareholder(s) (if different from 3.):
| Shareholder Shares 1 Aberforth Smaller Companies Trust plc 5,203,068 2 Aberforth UK Small Companies Fund 2,275,716 3 The Church Commissioners for England - 1,2 = registered in the name of Nortrust Nominees Ltd A/c Aberfrth. 3 = The Church Commissioners for England (Chase GIS) Nominees Ltd |
5. Date of the transaction and date on which the threshold is crossed or reached:
| 15/02/2010 |
6. Date on which issuer notified:
| 16/02/2010 |
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 | Direct | Indirect | Direct | Indirect | |||
Ordinary | 5,793,078 | 5,793,078 | 7,478,784 | N/A | 7,478,784 | N/A | 4.70 |
GB00B28ZPV64 |
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 |
N/A | N/A | N/A | N/A | N/A |
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
| |
N/A | N/A | N/A | N/A | N/A | Nominal | Delta
|
N/A | N/A |
Total (A+B+C)
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Number of voting rights | Percentage of voting rights |
7,478,784 | 4.70 |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
Held by Aberforth Partners LLP |
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:
| %age change due to the announcement 15/02/2010 |
14. Contact name:
| Pauline Robson, Aberforth Partners LLP |
15. Contact telephone number:
| 0131 220 0733 |