9 Jul 2008 17:09
APPENDIX 3
TR-1i: 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):
Value and Income Trust 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: n/a
An event changing the breakdown of voting rights: n/a
Other: n/a
3. Full name of person(s) subject to the notification obligation (iii):
Matthew Alan Oakeshott
4. Full name of shareholder(s) (if different from 3.) (iv):
Matthew Alan Oakeshott and Dr Philippa Oakeshott
5. Date of the transaction and date on which the threshold is crossed or reached (v):
8 July 2008
6. Date on which issuer notified:
9 July 2008
7. Threshold(s) that is/are crossed or reached:
10%
8. Notified details:
n/a
A: Voting rights attached to shares
| Class/type of shares if possible using the ISIN CODE | Situation previous to the Triggering transaction (vi) | Resulting situation after the triggering transaction (vi) |
| Ordinary 10 pence shares | 4,522,085 | n/a |
Resulting situation after the triggering transaction (vii)
| Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights (ix) | % of voting rights | ||
| Ordinary shares | 4,557,085 | Direct (x) 4,557,085 | Indirect (xi) n/a | Direct 10.0 | Indirect n/a |
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 |
| n/a | n/a | n/a | n/a | n/a |
Total (A+B)
| Number of voting rights 4,557,085 | % of voting rights10.0 |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Matthew Alan Oakeshott and Dr Philippa Oakeshott
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:
Stuart Reid, Aberdeen Asset Management PLC, Secretary
15. Contact telephone number:
0131 528 4134