Holding(s) in Company

RNS Number : 4618Z

Optare PLC

22 September 2009

 



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				OPTARE PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					S
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					S
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		HARGREAVE HALE LIMITED
4. Full name of shareholder(s)   (if different from 3.):iv		DISCRETIONARY CLIENTS
5. Date of the transaction and date on which the threshold is crossed or reached: v		22 SEPTEMBER 2009
6. Date on which issuer notified:		22 SEPTEMBER 2009
7. Threshold(s) that is/are crossed or reached: vi, vii		5% & 10%

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

Indirect

Direct xi

Indirect xii

Direct

Indirect

GB00B2PGSY66

945,435

945,435

23,545,435

23,545,435

10.1789%

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

23,545,435

10.1789%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
12,017,147 of these shares are for a unit trust operated by Marlborough Fund Managers Ltd for who Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis.  The remaining balance is held on behalf of other discretionary clients.
Proxy Voting:
10. Name of the 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:	Holdings percentage is based a TVR figure of 231,316,953 which increased as a result of the placing of 122,857,142 new shares on the 22nd September 2009. The figure used does not include the additional admission of 1,100,000 new shares reported by the company as these do not commence trading until the 26th September 2009.
14. Contact name:	David Clueit
15. Contact telephone number:	01253 754739

 

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