10 Mar 2009 10:31
TR-1(i): 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):
Vertu Motors 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: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify) : ( )
3. Full name of person(s) subject to the notification obligation (iii):
The Goldman Sachs Group, Inc.
4. Full name of shareholder(s) (if different from 3.) (iv):
Goldman Sachs International
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
05 March 2009
6. Date on which issuer notified:
09 March 2009
7. Threshold(s) that is/are crossed or reached:
8%
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 (vi) | |
| Number of shares | Number of voting Rights (viii) |
ORDINARY SHARES GB00B1GK4645 | 7,682,686 | 8.35% |
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 | ||
| Direct | Direct (x) | Indirect (xi) | Direct | Indirect |
ORDINARY SHARES GB00B1GK4645 | 7,132,686 | 7.75% |
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 | % of voting rights |
7,132,686 | 7.75% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
The interest in 7,132,686 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:
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:
General email contact:
shareholderdisclosure@gs.com
14. Contact name:
Shannon Sutherland
15. Contact telephone number:
020 7774 6249