Holding(s) in Company

RNS Number : 5064P

Jersey Electricity Company Ld

16 July 2010

 

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:

Jersey Electricity plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		Yes
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:	Utilico Limited
4. Full name of shareholder(s) (if different from 3.):	Utilico Limited
5. Date of the transaction and date on which the threshold is crossed or reached:	15/07/2010
6. Date on which issuer notified:	16/07/2010
7. Threshold(s) that is/are crossed or reached:	5%

8. Notified details:
A: Voting rights attached to shares
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
			Direct	Direct	Indirect	Direct	Indirect
ISIN GB0004732607 A ordinary £1	287,468	57,494	250,468	50,093	-	4.55%	-

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	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
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
50,093	4.55%

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

Client No. of voting rights % of total voting rights Registration name  Utilico Limited 50,093 4.55 Chase Nominees Limited

Proxy Voting:
10. Name of proxy holder:	Utilico Limited
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:	Calculation basis: a) each A Ord share has 0.2 voting rights b) total voting rights 1,099,876
14 Contact name:	Mike Bassi, F&C Management Ltd on behalf of Utilico Limited
15. Contact telephone name:	0131 718 1093

For notes on how to complete form TR-1 please see the FSA website.

 

END

 

 

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