Holding(s) in Company

RNS Number : 0637E

Acal PLC

14 December 2009

 

Letter to Acal  PLC
Dated 14 December, 2009

DISCLOSURE RULES AND TRANSPARANCY RULES SOURCEBOOK

Disclosure of Interest in the Voting Rights of Shares

Please find below Form TR-1 which discloses Aberforth Partners LLP's interest in 4,450,000 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 750,000 shares although we do not have access to the voting rights of these shares, Aberforth Partners LLP is, therefore, interested in a total of 5,200,000 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.

Pauline M 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):

3. Full name of person(s) subject to the notification obligation:	Aberforth Partners LLP
4. Full name of shareholder(s) (if different from 3.):	Shareholder Shares 1  Aberforth Smaller Companies     Trust plc 2,498,650 2  Aberforth UK Small Companies     Fund 1,098,950 3  The Church Commissioners for      England 467,200 4  Aberforth Geared Capital &      Income Trust plc 385,200 1,2,4 = registered in the name of Nortrust Nominees Ltd A/c Aberfrth, 3 = The Church Commissioners for England (Chase GIS) Nominees Ltd
5. Date of the transaction and date on which the threshold is crossed or reached:	11/12/2009
6. Date on which issuer notified:	14/12/2009
7. Threshold(s) that is/are crossed or reached:	17%

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	Indirect	Direct	Indirect
	4,492,800	4,492,800	4,450,000	N/A	4,450,000	N/A	16.84
GB0000055888

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/  Conversion  Period	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

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	Number of voting  rights instrument  refers 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
4,450,000	16.84

9. Chain of controlled undertakings through which the voting rights and/or the financial 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:	N/A
14. Contact name:	Pauline Robson, Aberforth Partners LLP
15. Contact telephone number:	0131 220 0733

 

END

 

 

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