Holding(s) in Company

RNS Number : 3024O

Electrocomponents PLC

15 September 2011

 



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	X
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:	Sanderson Asset Management Ltd
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):	14/09/2011
6. Date on which issuer notified:	15/09/2011
7. Threshold(s) that is/are crossed or reached:	4%
8. Notified details:	Not Applicable

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[i]
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB0003096442	17,190,445	17,190,445	18,240,445	18,240,445	0	4.18%	0%

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
N/A	N/A	N/A	N/A	N/A

Total (A+B)
Number of voting rights	% of voting rights
18,240,445	4.18%

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

Not Applicable.

Proxy Voting:
10. Name of the proxy holder:	Sanderson Asset Management Ltd
11. Number of voting rights proxy holder will cease to hold:	Not Applicable
12. Date on which proxy holder will cease to hold voting rights:	Not Applicable

13. Additional information:	Sanderson Asset Management Ltd ("Sanderson") acts as investment manager for its clients. In acting for its clients, Sanderson are given full discretion over their investments and are empowered to vote on their behalf.  However, do not act as its clients' custodian and therefore shares are not held in its name but in the name of each client's custodian bank.
14. Contact name:	Ian Haslegrave
15. Contact telephone number:	01865 207491
16. Date:	15 September 2011

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