TR-1: Notifications of Major Interests in Shares |
Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Begbies Traynor Group PLC |
2: Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
Correction of Notification issued on 2 December 2010 |
x |
3. Full name of person(s) subject to the notification obligation: |
Heronbridge Investment Management LLP |
4. Full name of shareholder(s) (if different from 3.): |
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5. Date of the transaction (and date on which the threshold is crossed or reached): |
1 December 2010 |
6. Date on which issuer notified: |
6 December 2010 |
7. Threshold(s) that is/are crossed or reached: |
4% |
8: Notified Details |
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A: Voting rights attached to shares |
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Class/type of share If possible use ISIN code |
GB00B0305S97 |
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Situation previous to the triggering transaction |
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Number of shares |
Number of voting rights |
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3,587,477 |
3,587,477 |
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Resulting situation after the triggering transaction |
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Number of shares |
Number of voting rights |
Percentage of |
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Direct |
Indirect |
Direct |
Indirect |
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3,471,662 |
3,471,662 |
0 |
3.88 |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ conversion period/date |
No. of voting rights that may be acquired |
Percentage of voting rights |
N/A |
N/A |
N/A |
N/A |
N/A |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
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N/A |
N/A |
N/A |
N/A |
N/A |
Nominal |
Delta |
N/A |
N/A |
Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
3,471,662 |
3.88% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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Proxy Voting:
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10. Name of the proxy holder:
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Heronbridge Investment Management LLP |
11. Number of voting rights proxy holder will cease to hold:
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12. Date on which proxy holder will cease to hold voting rights:
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13. Additional information:
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This notification replaces the notifications issued on 2 December 2010. As a 1 December 2010 the number of share where Heronbridge Investment Management LLP ("Heronbridge") has voting control totals 3,471,662 (3.88% of voting rights) and not 3,587,477 (4.01% of votng rights) as previously reported. Heronbridge acts as investment manager for a number of Clients. In acting for our Clients, Heronbridge is given discretion over their investments and is empowered to vote on their behalf. However, we do not act as our Clients' custodian and therefore shares are not held in our name but in the name of each Client's custodian bank or institution. |
14. Contact name:
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Gordon Westwood / Marissa Smith |
15. Contact telephone number:
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01225 328300 |
Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in shares
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A: Identity of the persons or legal entity subject to the notification obligation |
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Full name (including legal form of legal entities) |
Heronbridge Investment Management LLP |
Contact address (registered office for legal entities) |
1 Queen Street, Bath, BA1 1HE |
Phone number & email |
01225 328300 |
Other useful information (at least legal respresentative for legal persons) |
Attn: Gordon Westwood / Marissa Smith |
B: Identity of notifier, if applicable |
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Full name
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Heronbridge Investment Management LLP |
Contact address
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1 Queen Street, Bath, BA1 1HE |
Phone number & email |
01225 328300 |
Other useful information (eg. Functional relationship with person or legal entity subject to the notificationtion obligation) |
Attn: Gordon Westwood / Marissa Smith |
C: Additional information |
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