Last checked at 6 Aug 2008 15:46
RNS Number : 7954A
Volex Group PLC
06 August 2008
TR-l: 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):
volex group plc
2. Reason for the notification: (please state Yes/No):
An acquisition or disposal of voting rights:
An acquisition or disposal of financial instruments, which may result in the acquisition of shares already issued to which voting rights are attached:
An event changing the breakdown of voting rights:
Other (please specify)
THE GOLDMAN SACHS GROUP, INC IS NO LONGER INCLUDING IN ITS AGGREGATE NOTIFIABLE HOLDING THE POSITION HELD BY GOLDMAN, SACHS & CO., A WHOLLY OWNDED DIRECT SUBSIDIARY OF GOLDMAN SACHS GROUP INC, ACTING AS CUSTODIAN FOR ITS CUSTOMERS, BECAUSE OF THE APPLICATION OF THE CUSTODIAN EXEMPTION IN DTR 5.1.3R(2) TO THOSE POSITIONS.
3. Full name of the person(s) subject to the notification obligation:
the goldman sachs group, inc.
4. Full name of shareholder(s) (if different from 3.):
GOLDMAN SACHS INTERNATIONAL
5. Date of the transaction and date on which the threshold is crossed or reached:
31 JULY 2008
6. Date on which issuer notified:
5 AUGUST 2008
7. Threshold(s) that is/are crossed or reached:
8%
8. Notified details:
A: Voting rights attached to shares
| Class /type of shares | Situation Previous to the Triggering Transaction | Resulting situation after the Triggering Transaction | |||||
| If possible using the ISIN CODE | Number of Shares | Number of voting Rightsviii | Number of shares | Number of voting Rightsix | % of voting Rights | ||
| | | | Directx | Directxi | Indirect | Direct | Indirect |
| | | | | ||||
| GB0009390070 | 11,945,802 | 20.99% | | 4,497,827 | - | 7.90% | - |
B: Financial Instruments
Resulting situation after the triggering transactionxii
| 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 |
| 4,497,827 | 7.90% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv
The interest in 4,497,827 shares arose from a beneficial interest held by Goldman Sachs International, a wholly-owned indirect subsidiary of GS Inc. These shares are, or will be, registered at CREST in account CREPTEMP.
Proxy Voting:
10. Name of the proxy holder:
not applicable
11. Number of voting rights proxy holder will cease to hold:
not applicAble
12. Date on which proxy holder will cease to hold voting rights:
not applicAble
13. Additional information
not applicAble
14. Contact name:
wendy tate
company secretary
15. Contact telephone number:
01925 830101
END
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