Holding(s) in Company

RNS Number : 9487H

Begbies Traynor Group PLC

02 March 2010

 



TR-1:               notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	Begbies Traynor Group plc
2. Reason for the notification     (please tick the appropriate box or boxes)
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 acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		Yes
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	Fortelus Capital Management LLP
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	1 March 2010
6. Date on which issuer notified:	2 March 2010
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		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion  Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion  Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
CFD				7,571,395	Nominal	Delta

Total (A+B+C)
Number of voting rights	% of voting rights
7,571,395 shares held in instruments with similar economic effect	4.86% held in instruments with similar economic effect

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

CFD is held in the name of Fortelus Special Situations Master Fund Ltd.

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name:	Andy Low
15. Contact telephone number:	0207 389 6153

 

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