Holding(s) in Company

RNS Number : 1193C
Sportech PLC
06 November 2009
 






TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

  

Sportech 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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

 


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

 


An event changing the breakdown of voting rights

 


Other (please specify):

Disclosure of holdings follows the sale of Insight Investment Management Limited on 2 November 2009.  This notification supersedes any notifications previously issued by Lloyds Banking Group plc.


3. Full name of person(s) subject to the notification obligation:


Lloyds Banking Group plc

4. Full name of shareholder(s) (if different from 3.):


See Section 9

5. Date of the transaction and date on which the threshold is crossed or reached:


02 November 2009

6. Date on which issuer notified:


04 November 2009 

7. Threshold(s) that is/are crossed or reached:


N/A - Direct/Indirect holdings remain above 12%

  

8. Notified details:

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

V
oting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ord 50p

12,288,480 

 12,288,480

 10,995,447

 10,995,447

 1,227,376

 10.924%

 1.219%

GB00B28ZPV64


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction


Type of financial
instrument

Expiration
date

Exercise/ 
Conversion 
Period

Number of voting
rights that may be

acquired if the

instrument is

exercised/ converted.


% of voting
rights

 N/A

 

 

 

 


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction


Type of financial
instrument

Exercise 
price

Expiration 
date

Exercise/
Conversion 

period

Number of voting 
rights instrument 
refers to

% of voting rights


 

 

 

 

 

Nominal

Delta


 

 


Total (A+B+C)


Number of voting rights

Percentage of voting rights

 

12,222,823

 

12.143%


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

 

8,414,133 shares (8.360%) are under the control of Bank of Scotland plc a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc, and are therefore disclosed as an overall Direct Interest.


3,471,413 shares (3.449%) are under the control of Scottish Widows Investment Partnership
Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of
Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Direct/Indirect
Interests).


Within these holdings, 2,184,779 shares (2.171%) are managed on behalf of Clerical Medical Managed Funds Limited, a wholly owned subsidiary of Clerical Medical Investment Group Limited, a wholly owned subsidiary of HBOS Financial Services Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc, and are therefore disclosed as an overall Direct Interest.


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:


Notification using the Total Voting Rights figure of 100,652,603.

14. Contact name:


 Matthew Wilson

15. Contact telephone number:


 0113 235 7729



This information is provided by RNS
The company news service from the London Stock Exchange
 
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Sportech (SPO)
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