Holding(s) in Company

RNS Number : 2306A

Iofina PLC

27 January 2011

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Iofina 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: iii		BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme. See Section 9 for further information
4. Full name of shareholder(s)  (if different from 3.):iv		N/A
5. Date of the transaction and date on which the threshold is crossed or reached: v		25 January 2011
6. Date on which issuer notified:		26 January 2011
7. Threshold(s) that is/are crossed or reached: vi, vii		6%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

B2QL5C7 GB00B2QL5C79

7,386,000

7,386,000

4,899,170

4,899,170

2,176,830

4.7270%

2.100%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

7,076,000

6.8270%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
BT Pension Scheme Trustees Limited, as a trustee of the BT Pension Scheme ("BTPS") is the parent undertaking of Britel Fund Nominees Limited and Britel Fun Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited ("HFML"). HFML is the parent undertaking of: 1.   Hermes Investment Management Limited ("HIML") (voting rights: 6.8270%) Please see section 13 for further information
Proxy Voting:
10. Name of the proxy holder:		See comment in Section 13
11. Number of voting rights proxy holder will cease to hold:		See comment in Section 13
12. Date on which proxy holder will cease to hold voting rights:		See comment in Section 13
13. Additional information:	HIML hold the voting rights under a standing proxy contained in the investment management agreements with various underlying clients (which may include BTPS) for the purposes of DTR 5.2.1 (h) This disclosure is made by BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme, which is the ultimate parent undertaking for the purpose of DTR 5.2.1 (e).
14. Contact name:	Valerie Davidson ([e-mail])
15. Contact telephone number:	020 7680 2117

 

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