Holding(s) in Company

RNS Number : 2933A

De La Rue PLC

06 October 2009

 

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):

De La Rue plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: ( X )

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):

Baring Asset Management Limited ('BAM')

OppenheimerFunds Inc ('OFI')

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

……………..

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

2 October 2009

6. Date on which issuer notified:

5 October 2009.

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

   4% (BAM independently increased to 4.03%)

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)
GB00B3DGH821	Number of shares	Number of voting Rights (viii)
Ordinary Shares OFI BAM	1,055,076 3,882,571	1,055,076 3,882,571

Total

4,937,647

4,937,647

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
GB00B3DGH821	Direct	Indirect	Direct (x)	Indirect (xi)	Direct	Indirect
Ordinary Shares OFI BAM Total	1,352,422 3,971,862 5,324,284			1,352,422 3,971,862 5,324,284		1.37% 4.03% 5.40%

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

Total (A+B)

Number of voting rights 3,971,862 (BAM) 1,352,422 (OFI)	% of voting rights 4.03% 1.37%
5,324,284(Total)	5.40%

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

The percentage of holdings above is based on total outstanding shares of 98,441,335

Massachusetts Mutual Life Insurance Company is the Parent Company of Baring Asset Management Limited and OppenheimerFunds, Inc.

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:

Susan Beaudin

Massachusetts Mutual Life Insurance company

15. Contact telephone number:

  001-413-744-5956

E H D Peppiatt

De La Rue plc

01256 605317

6 October 2009

 

END

 

 

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