Holding(s) in Company

RNS Number : 2071N

STM Group PLC

12 February 2009

 

STM Group plc

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

STM Group Plc

2. Reason for the notification:

An acquisition or disposal of voting rights

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

Southern Rock Insurance Co Ltd

Arron Banks

Paul Chase-Gardener

Rock Holdings Ltd

4. Full name of shareholder(s) 

   Southern Rock Insurance Co Ltd

  Arron Banks

   Pershing Nominees Ltd

   Barclays Stock Brokers Ltd

   Rock Nominees Ltd

   Rene Nominees Ltd

  STM Fidecs Nominees Ltd

5. Date of the transaction (and date on which the threshold is crossed or  reached if different) (v):

10 February 2009

6. Date on which issuer notified:

11 February 2009

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

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 (vi)
	Number of shares	Number of voting Rights (viii)
IM00B1S9KY98	4,595,090	10.87%

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
		Direct (x)	Indirect (xi)	Direct	Indirect
IM00B1S9KY98			5,229,606		12.25%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

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

Total (A+B)

Number of voting rights	% of voting rights
5,229,606	12.25%

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

Rene Nominees Ltd (Southern Rock Insurance Company Ltd)     3,870,000 shares 9.06%

Rene Nominees Ltd (Rock Holdings Ltd)                                   190,000 shares 0.44%

Pershing Nominees Ltd (Arron Banks)                                       69,590 shares 0.16%

Barclays Stockbrokers Ltd (Paul Chase-Gardener)                     130,485 shares 0.31%

Rock Nominees Ltd (Paul Chase-Gardener)                               394,500 shares 0.92%

STM Fidecs Nominees Ltd (Arron Banks)                                  287,515 shares 0.68%

STM Fidecs Nominees Ltd (Paul Chase-Gardener)                     287,516 shares 0.68%

Both Arron Banks and Paul Chase-Gardener are connected to Southern Rock Insurance Company Ltd and Rock Holdings Ltd, being major shareholders in Rock Holdings Ltd. Rock Holdings Ltd is a major shareholder in Southern Rock Insurance Company Ltd.

Therefore, together Southern Rock Insurance Company, Rock Holdings Ltd. Arron Banks and Paul Chase-Gardener are interested in 5,229,606 shares in STM Group Plc, representing 12.25% of the Company's issued share capital. Based on Company share issue of 42,703,645

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:

14. Contact name:

  Christine Shipway 

15. Contact telephone number:

    [phone]

 

END

 

 

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