TR-1: Notification of Major Interest 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 |
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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 |
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An event changing the breakdown of voting rights |
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Other (please specify): |
Yes - transfer of voting rights |
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3. Full name of the person(s) subject to notification obligation: |
Aberforth Partners LLP |
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4. Full name of shareholder(s) (if different from 3): |
Shareholder 1. Aberforth Smaller Companies Trust plc 2. Aberforth UK Small Companies Fund 3. Aberforth Geared Capital & Income Trust plc
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Shares 9,602,421
4,223,748
1,746,800 |
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1,2 - registered in the name of Nortrust Nominees Ltd A/c Aberfrth |
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5. Date of transaction (and date on which the threshold is crossed or reached if different): |
15/03/2010 |
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6. Date on which issuer notified: |
15/03/2010 |
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7. Threshold(s) that is/are crossed or reached: |
21% |
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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 |
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 |
17,565,069 |
17,565,069 |
15,572,969 |
N/A |
15,572,969 |
N/A |
20.95% |
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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+C) |
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Number of voting rights |
Percentage of voting rights |
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15,572,969 |
20.95% |
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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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Held by Aberforth Partners LLP |
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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: |
The voting rights attached tp shares beneficially held by The Church Commissioners for England ("Church") were transferred to Church with effect from today, 15 March 2010. Aberford Partners LLP continue to manage funds for the Church on a discretionary basis.
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14. Contact name: |
Pauline Robson, Aberforth Partners LLP |
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15. Contact telephone number: |
0131 220 0733 |
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