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Holding(s) in Company

1 Feb 2011 15:22

RNS Number : 4848A
Acal PLC
01 February 2011
 



 

Letter to Acal PLC 

 

DISCLOSURE RULES AND TRANSPARENCY RULES SOURCEBOOKDisclosure of Interest in the Voting Rights of Shares

Please find attached a Form TR-1 which discloses Aberforth Partners LLP's interest in 3,952,500 of the voting shares of Acal PLC as required under the Disclosure Rules and Transparency Rules Sourcebook of the FSA Handbook.

In addition, Aberforth Partners LLP is interested in a further 1,165,700 shares although we do not have access to the voting rights of these shares. Aberforth Partners LLP is, therefore, interested in a total of 5,118,200 shares of the above company. This interest arises as a result of the discretionary investment management powers that we can exercise over the funds of our clients. Aberforth Partners LLP is not the beneficial owner of these shares.

From Pauline Robson For Aberforth Partners LLP

 

 

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:

Acal PLC

 

2 Reason for the notification (please tick the appropriate box or boxes):

 

An acquisition or disposal of voting rights

YES

 

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):

Aberforth Partners LLP

 

3. Full name of person(s) subject to the notification obligation:

 

Aberforth Partners LLP

4. Full name of shareholder(s) (if different from 3.):

 

ShareholderShares
1Aberforth Smaller Companies Trust plc2,556,550
2Aberforth UK Small Companies Fund797,750
3Aberforth Geared Capital & Income Trust plc385,200
4Aberforth Geared Income Trust plc213,000

All shares are registered in the name of Nortrust Nominees Ltd A/c Aberfrth

5. Date of the transaction and date on which the threshold is crossed or reached:

 

31/01/2011

6. Date on which issuer notified:

 

01/02/2011

7. Threshold(s) that is/are crossed or reached:

 

14%

 

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

Indirect

Direct

Indirect

Ordinary

3,988,500

3,988,500

3,952,500

N/A

3,952,500

N/A

13.91

 

GB0000055888

 

 

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

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 financialinstrument

Exerciseprice

Expirationdate

Exercise/Conversionperiod

Number of votingrights instrumentrefers to

% of voting rights

 

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

 

N/A

N/A

 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

3,952,500

13.91

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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:

 

14. Contact name:

 

Pauline Robson, Aberforth Partners LLP

15. Contact telephone number:

 

0131 220 0733

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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