Last checked at 1 Jun 2011 11:58
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: |
Sarantel Group Plc |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | X
| |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||
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:
|
BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme. See Section 9 for further information.
|
4. Full name of shareholder(s) (if different from 3.):
| N/A |
5. Date of the transaction and date on which the threshold is crossed or reached:
| 30 May 2011 |
6. Date on which issuer notified:
| 31 May 2011
|
7. Threshold(s) that is/are crossed or reached:
| 7% |
8. Notified details: | |||||||
A: Voting rights attached to shares
| |||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights | |||
Direct | Direct | Indirect | Direct | Indirect | |||
B065J78 | 32,205,334 | 32,205,334 | 31,705,334 | 31,705,334 | N/A | 7.9080% | N/A |
GB00B065J785 | |||||||
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
| ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod | Number of votingrights that may beacquired if theinstrument isexercised/ converted.
| % of votingrights |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction
| ||||||
Type of financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights
| |
Nominal | Delta
| |||||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
31,705,334 | 7.9080% |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: |
N/A |
Proxy Voting:
| |
10. Name of the proxy holder:
| See Comment in Section 13 |
11. Number of voting rights proxy holder will cease to hold:
| See Comment in Section 13 |
12. Date on which proxy holder will cease to hold voting rights:
| See Comment in Section 13 |
13. Additional information:
| This disclosure is made by BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme, which is the ultimate parent undertaking for the purposes of DTR 5.2.1(e).
|
14. Contact name:
| Valerie Davidson (v.davidson@hermes.co.uk) |
15. Contact telephone number:
| 020 7680 2177 |