TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Quadnetics Group 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 |
X |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: |
BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme. See Section 13 for further information |
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4. Full name of shareholder(s) (if different from 3.): |
N/A |
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5. Date of the transaction and date on which the threshold is crossed or reached: |
20 December 2010 |
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6. Date on which issuer notified: |
21 December 2010 |
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7. Threshold(s) that is/are crossed or reached: |
2% |
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8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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0715683 GB0007156838 |
756,815 |
756,815 |
506,815 |
506,815 |
N/A |
2.885% |
N/A |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date |
Exercise/ |
Number of voting rights instrument refers to |
% of voting rights
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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506,815 |
2.885% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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N/A
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Proxy Voting: |
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10. Name of the proxy holder: |
See Comment in Section 13 |
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11. Number of voting rights proxy holder will cease to hold: |
See Comment in Section 13 |
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12. Date on which proxy holder will cease to hold voting rights: |
See Comment in Section 13 |
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13. Additional information: |
This disclosure is made by BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme, which is the ultimate parent undertaking for the purposes of DTR 5.2.1(e). |
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14. Contact name: |
Valerie Davidson (v.davidson@hermes.co.uk) |
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15. Contact telephone number: |
020 7680 2177 |
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