TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Rotala Plc
2. Reason for the notification (please state Yes/No:
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: (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): (No)
3. Full name of person(s) subject to the notification obligation (iii):
Nigel Wray
4. Full name of shareholder(s) (if different from 3.) (iv):
Pershing Nominees Limited
PIHL Equity LLP
Roy Nominees Limited
5. Date of the transaction and date on which the threshold is crossed or reached (v):
N/A
6. Date on which issuer notified:
3 August 2011
7. Threshold(s) that is/are crossed or reached:
8%
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 |
|
|
Number of shares |
Number of voting Rights |
Ordinary Shares GB00B1Z2MP60 |
2,632,400 |
2,632,400 |
Resulting situation after the triggering transaction |
|||||
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights (x) |
||
|
Direct |
Direct (xi) |
Indirect (xii) |
Direct |
Indirect |
Ordinary Shares GB00B1Z2MP60 |
22,400 |
22,400 |
2,860,000 |
0.0635% |
8.11% |
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction |
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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 |
Exercise price |
Expiration date (xvii) |
Exercise/ |
Number of voting rights instrument refers to |
% of voting rights (xix), (xx)
|
|
|
|
|
|
|
Nominal |
Delta |
|
|
Total (A+B+C)
Number of voting rights |
% of voting rights |
2,882,400 including 360,000 held by PIHL Equity LLP, a partnership in which Mr Wray controls or is beneficially interested in 44.99% of the partnership capital of 3,935,782 |
8.17% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xxi):
Nigel Wray has a beneficial interest in shares in Rotala Plc held by the following nominees:
Pershing Nominees Ltd - 22,400
The family of Nigel Wray maintains a beneficial interest in the shares held by Roy Nominees Limited - 2,500,000
In addition, Mr Wray controls or is beneficially interested in 44.99% of the partnership capital of PIHL Equity LLP which owns 360,000 ordinary shares in Rotala Plc.
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:
Figures are based on total number of voting rights of 35,270,888
14. Contact name:
Nigel Wray
15. Contact telephone number:
020 7647 7657