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: |
ITE Group plc |
2 Reason for the notification (please tick the appropriate box or boxes): |
||
An acquisition or disposal of voting rights |
X |
|
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:
|
Lloyds Banking Group plc |
4. Full name of shareholder(s) (if different from 3.):
|
See Section 9 |
5. Date of the transaction and date on which the threshold is crossed or reached:
|
11 January 2011 |
6. Date on which issuer notified:
|
12 January 2011 |
7. Threshold(s) that is/are crossed or reached:
|
Direct / Indirect holdings increased to above 7% |
8. Notified details: |
|||||||
A: Voting rights attached to shares
|
|||||||
Class/type of
|
Situation previous |
Resulting situation after the triggering transaction |
|||||
Number |
Number |
Number |
Number of voting |
% of voting rights |
|||
Direct |
Direct |
Indirect |
Direct |
Indirect |
|||
Ord 1p |
15,028,148 |
15,028,148 |
2,870,451 |
2,870,451 |
14,775,508 |
1.156% |
5.950% |
GB0002520509 |
B: Qualifying Financial Instruments |
||||
Resulting situation after the triggering transaction
|
||||
Type of financial |
Expiration |
Exercise/ |
Number of voting
|
% of voting |
|
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
||||||
Resulting situation after the triggering transaction
|
||||||
Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
|
|
|
|
|
|
|
Nominal |
Delta
|
|
|
Total (A+B+C)
|
|
Number of voting rights |
Percentage of voting rights |
17,465,959 |
7.106% |
9. Chain of controlled undertakings through which the voting rights and/or the |
17,632,866 shares (7.100%) are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct / Indirect Interests).
|
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:
|
Notification using the total voting rights figure of 248,334,702 |
14. Contact name:
|
John Price, Company Secretary, ITE Group plc |
15. Contact telephone number:
|
07712881756 |