Holding(s) in Company

RNS Number : 8800L

Electrocomponents PLC

19 January 2009

 



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):___________________________________________
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):	January 15, 2009
6. Date on which issuer notified:	January 16, 2009
7. Threshold(s) that is/are crossed or reached:	3% (fell to 3.97%)
8. Notified details:	[e-mail] Company Secretary:  Ian Haslegrave Electrocomponents plc International Management Centre 8050 Oxford Business Park North Oxford OX4 2HW 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	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB0003096442 OFI Baring Total	17,392,795 72,400 17,465,195	17,392,795 72,400 17,465,195	17,217,640 65,900 17,283,540		17,217,640 65,900 17,283,540		3.95% .02% 3.97%

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
17,283,540	3.97%

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

OppenehimerFunds, Inc. owns, as of 1/15/09, 17,217,640 shares equal to 3.95% of the shares outstanding. Baring Asset Management Limited owns, as of 1/15/09, 65,900 shares equal to .02% of the shares outstanding. Shares outstanding: 435,360,728.0000

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:	Massachusetts Mutual Life Insurance Company is the parent company of OppenheimerFunds, Inc. and Baring Asset Management Limited
14. Contact name:	Ian Haslegrave
15. Contact telephone number:	01865 207491
16. Date:	19 January 2009

 

END

 

 

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