TR-1: notification of major interests in shares |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Electrocomponents PLC |
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2. Reason for the notification (please tick the appropriate box or boxes) |
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An acquisition or disposal of voting rights |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An event changing the breakdown of voting rights |
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Other (please specify): Notification required due to internal transfers between funds under management. |
Χ |
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3. Full name of person(s) subject to the notification obligation: |
Prudential plc group of companies |
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4. Full name of shareholder(s) (if different from 3.): |
See attached schedule |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
17 February 2009 |
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6. Date on which issuer notified: |
18 February 2009 |
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7. Threshold(s) that is/are crossed or reached: |
See item 13 |
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8. Notified details: |
A: Voting rights attached to shares |
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Class/type of shares (if possible using the ISIN CODE) |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights viii |
Number of shares |
Number of voting rights ix |
% of voting rights |
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Direct |
Direct x |
Indirect xi |
Direct |
Indirect |
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GB0003096442 |
42,503,851 |
42,503,851 |
42,503,851 |
42,503,851 |
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9.76% |
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B: Financial Instruments |
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Resulting situation after the triggering transaction xii |
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Type of financial instrument |
Expiration date xiii |
Exercise/ Conversion Period/ Date xiv |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
N/A |
N/A |
N/A |
N/A |
N/A |
Total (A+B) |
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Number of voting rights |
% of voting rights |
42,503,851 |
9.76% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv: |
Prudential plc (parent Company) M&G Group Limited (wholly owned subsidiary of Prudential plc) M&G Limited (wholly owned subsidiary of M&G Group Limited) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) |
Proxy Voting: |
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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: |
As per 5.1.2, the non-exempt holdings for Prudential plc has dropped below 7% triggering this notification. |
14. Contact name: |
Ian Haslegrave |
15: Tel: |
01865 207491 |
16. Date: |
19 February 2009 |