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: |
Sportech 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): Disclosure of holdings following the acquisition, by Lloyds Banking Group plc, of HBOS plc - this notification supersedes any notifications previously issued by HBOS plc. |
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3. Full name of person(s) subject to the notification obligation: |
Lloyds Banking Group plc |
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4. Full name of shareholder(s) (if different from 3.): |
See Section 9. |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
16 January 2009 |
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6. Date on which issuer notified: |
20 January 2009 |
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7. Threshold(s) that is/are crossed or reached: |
Direct/Indirect 12% |
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8. Notified details: |
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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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Ord 50p Shares ISIN GB00B28ZPV64 |
N/A |
N/A |
10,870,135 |
10,870,135 |
1,418,345 |
10.800% |
1.409% |
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 |
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Total (A+B) |
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Number of voting rights |
% of voting rights |
12,288,480 |
12.209% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv: |
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. 3,332,209 shares (3.311%) are under the control of Insight Investment Management (Global) Limited, a wholly owned subsidiary of Insight Investment Management 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 (Indirect Interests). Within these holdings, 2,081,226 shares (2.068%) are managed on behalf of Clerical Medical Managed Funds Limited, a wholly owned subsidary 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: |
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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: |
Notification using the total 100,652,603 |
14. Contact name: |
Kenny Melville |
15. Contact telephone number: |
0131 243 8671 |
Notes