TR-1: Notifications of Major Interests in Shares |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Filtronic plc |
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2. Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached. |
No |
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An event changing the breakdown of voting rights |
No |
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Other (please specify): ______________ |
N/A |
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3. Full name of person(s) subject to notification obligation: |
North Atlantic Value LLP |
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4. Full name of shareholder(s) (if different from 3): |
1. North Atlantic Smaller Companies Investment Trust Plc 2. North Atlantic Value LLP (as Investment Manager/Adviser to other fund management clients) |
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5. Date of transaction (and date on which the threshold is crossed or reached if different): |
30 May 2008 |
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6. Date on which issuer notified: |
02 June 2008 |
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7. Threshold(s) that is/are crossed or reached: |
Through 12% |
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8. Notified Details |
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A: Voting rights attached to shares |
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Class/type of shares If possible use ISIN code |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of shares |
Number of voting rights |
Number of shares |
Number of voting rights |
Percentage of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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Ordinary 0336299 1. 2. |
4,823,866 3,822,119 |
4,823,866 3,822,119 |
5,000,000 4,275,000 |
5,000,000 4,275,000 |
N/A N/A |
6.73% 5.75% |
N/A N/A |
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B: 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 (if the instrument exercised/converted) |
Percentage of voting rights |
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N/A |
N/A |
N/A |
N/A |
N/A |
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Total (A+B) |
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Number of voting rights |
Percentage of voting rights |
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9,275,000 |
12.48% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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N/A |
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Proxy Voting: |
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10. Name of proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease to hold: |
N/A |
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12 Date on which proxy holder will cease to hold voting rights: |
N/A |
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13. Additional information: |
North Atlantic Value LLP is the investment manager/advisor in respect of the full 12.48% holding as it is investment manager/adviser to Holder 1 as well as the other clients included in Holder 2. |
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14. Contact name: |
Bonita Guntrip |
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15. Contact telephone name: |
020 7747 5681 |