Holding(s) in Company

RNS Number : 8116J

Mears Group PLC

07 April 2010

 



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				Mears Group PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					NO
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached					NO
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments					NO
An event changing the breakdown of voting rights					NO
Other (please specify):	Fall below 3% on the basis of information disclosed by the issuer in its monthly total voting rights disclosure.				YES
3. Full name of person(s) subject to the notification obligation: iii		Breeden European Ventures LLC (Indirect)
4. Full name of shareholder(s)  (if different from 3.):iv		Breeden European Partners (California) L.P. (direct)
5. Date of the transaction and date on which the threshold is crossed or reached: v		31 March 2010
6. Date on which issuer notified:		6 April 2010
7. Threshold(s) that is/are crossed or reached: vi, vii		below 3%

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

ORD GB0005630420

below 3%

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

below 3%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Less than 3% are held by Breeden European Partners (California) L.P.; a Limited Partnership, whose General Partner is Breeden European Capital Partners LLC,  whose managing member is Richard C. Breeden & Co International LLC, whose managing member is Richard C. Breeden (Indirect Interests). Breeden European Ventures LLC whose managing member is Richard C. Breeden has an indirect interest in the voting rights of less than 3% in its capacity as discretionary investment manager of Breeden European Partners (California) L.P.
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:
14. Contact name:	Nandita Hogan. Breeden European Ventures LLC or alternatively Ben Barnett, Breeden European Capital Management LLP
15. Contact telephone number:	[phone] or alternatively, [phone]

 

END

 

 

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