Holding(s) in Company

RNS Number : 1586N
Inchcape PLC
11 February 2009
 



HI Form TR-1 with annex. FSA Version 2.1 updated April 2007


For filings with the FSA include the annex

For filings with issuer exclude the annex 


TR-1: Notifications of Major Interests in Shares



1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:


Inchcape Plc


2. Reason for notification (yes/no)


An acquisition or disposal of voting rights

Yes


An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

No


An event changing the breakdown of voting rights

No


Other (please specify):______________



3. Full name of person(s) subject to notification obligation:

George Horesh 7,753,959 shares

Ronin Investment Managing Co. Ltd. 18,480,000 shares

Union Motors Ltd. 15,420,042shares


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

Union Motors and Ronin Investment are controlled by Mr. George Horesh


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


February 10,2009


6. Date on which issuer notified:


February 11, 2009


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


9%



8: Notified Details

A: Voting rights attached to shares


Class/type of shares

If possible use 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

Percentage of voting rights


Direct


Indirect


Direct


Indirect




Ordinary



40,654,001


40,654,001


41,654,001


41,654,001





9.05%



B: Financial Instruments


Resulting situation after the triggering transaction


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


N/A








Total (A+B)


Number of voting rights

Percentage of voting rights

41,654,001

9.05% (Based total outstanding shares  460,368,500 shares)




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

Union Motors Ltd. holds 15,420,042 voting shares and Ronin Investment Managing Co. Ltd. holds 18,480,000 voting shares. Both companies are controlled by Mr. George Horesh



Proxy Voting:


10. Name of 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:



Yossi Levy

15. Contact telephone name:



00 972 3-6255410

Note: Annex should only be submitted to the FSA not the issuer











 


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