Holding(s) in Company

RNS Number : 7275X

Electrocomponents PLC

27 June 2008

 



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
2. Reason for the notification     (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights		√
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify): Transitional Provisions
3. Full name of person(s) subject to the notification obligation:	OppenheimerFunds, Inc (OFI) and Baring Asset Management Limited (Baring)
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	June 25, 2008
6. Date on which issuer notified:	June 26, 2008
7. Threshold(s) that is/are crossed or reached:	4% (OFI: 4.0056% and Baring .0166%)
8. Notified details:	Electrocomponents PLC, International Management Ctr, 5000 Oxford Business Park So, Oxfordshire, 0X4 2BH, United Kingdom, www.electrocomponents.com , Tel#[phone], Fax# [phone]

A: Voting rights attached to shares
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 viii	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB0003096442	OFI: 15,291,929 Baring: 1,726,284 Total: 17,018,213	OFI: 15,291,929 Baring: 1,726,284 Total: 17,018,213	OFI: 17,438,401 Baring: 72,400 Total: 17,510,801		OFI: 17,438,401 Baring: 72,400 Total: 17,510,801		OFI:  4.0056% Baring: .0166% Total: 4.0222%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B)
Number of voting rights	% of voting rights
17,510,801	4.0222%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :

As of 6/25/08, OFI owns 17,438,401 shares of Electrocomponents PLC equal to 4.0056% of the shares outstanding (435,350,416) and Baring owns 72,400 shares equal to .0166% of the shares outstanding.

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:
14. Contact name:	Ian Haslegrave - Company Secretary
15. Contact telephone number:	01865 207491
16. Date:	27 June 2008

Annex Notification Of Major Interests In Shares 

A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities)	OppenheimerFunds, Inc.    Baring Asset Management Limited
Contact address (registered office for legal entities)	OppenheimerFunds, Inc.: 2 World Financial Center, 225 Liberty Street      New York, NY  10080 Baring Asset Management Limited, 155 Bishopsgate, London, England EC2M 3XY
Phone number	OppenheimerFunds, Inc: 212.323.0200 Baring: Kerrie Barnett 020 7214 1404
Other useful information (at least legal representative for legal persons)

B:     Identity of the notifier, if applicable
Full name	Rosemary Baker, Director
Contact address	Massachusetts Mutual Life Insurance Co. 1295 State Street Springfield, MA 01111-0001 USA
Phone number	413-744-8258
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)	Massachusetts Mutual Life Insurance Company is OppenheimerFunds' Parent company.

 

END

 

 

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