Rank Group PLC
30 July 2007
The Rank Group Plc
- Notification of Major Interest in Shares
On 27 July 2007, BT Pension Scheme Trustees Limited (as trustee of the BT
Pension Scheme) notified the Company that as at 26 July 2007 it had a notifiable
interest in the voting rights attached to 48,368,332 Ordinary 13 8/9p shares of
The Rank Group Plc ('Rank'), representing 12.39% of the issued share capital of
Rank.
Note
BT Pension Scheme Trustees Limited is the parent undertaking of BriTel
Fund Trustees Limited, which is the parent undertaking of Hermes
Pensions Management Limited, which is the parent undertaking of Hermes
Investment Management Limited, Hermes Focus Asset Management Limited,
Hermes Equity Ownership Services Limited and Hermes Assured Limited.
Hermes Equity Ownership Services Limited hold the voting rights under a
standing proxy contained in services agreements for the provision of
corporate governance services to various underlying clients.
Hermes Investment Management Limited hold the voting rights under a
standing proxy contained in investment management agreements with
various underlying clients, which includes all the shares owned directly
by BT Pension Scheme.
Hermes Focus Asset Management Limited hold the voting rights as General
Partner under a standing proxy contained in limited partnership
agreements with various limited partnerships.
All voting rights held on behalf of the above entities are aggregated
for the purposes of disclosure under the FSA's Disclosure & Transparency
Rules. The aggregation is made at the lower threshold of 3% and above
because Hermes Equity Ownership Services Limited does not manage
investments for the purposes of the investment manager exemption
contained in DTR 5.1.5.
30 July 2007
website: www.rank.com
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