Holding(s) in Company

RNS Number : 8828F

Tribal Group PLC

15 October 2008

 



TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		TRIBAL GROUP PLC
2. Reason for notification (yes/no)
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 notification obligation:	BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme. See Section 9 for further information.
4. Full name of shareholder(s) (if different from 3):	Hermes UK Small Companies Focus Fund
5. Date of transaction (and date on which the threshold is crossed or reached if different):	10 October 2008
6. Date on which issuer notified:	14 October 2008
7. Threshold(s) that is/are crossed or reached:	24%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction			Resulting situation after the triggering transaction
	Number of shares	Number of voting rights		Number of shares	Number of voting rights				Percentage of voting rights
					Direct		Indirect		Direct	Indirect
GB0030181522 ORD 0.05P 3018152	17,776,575		17,776,575	2,697,803		2,697,803	18,578,772	3.070%			21.14%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

Total (A+B)
Number of voting rights	Percentage of voting rights
21,276,575	24.211%

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

BT Pension Scheme Trustees Limited is the parent undertaking of Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited. Hermes Fund Managers Limited is the parent undertaking of: Hermes Equity Ownership Services Limited (voting rights held in this issuer: 0.125%) Hermes Investment Management Limited (voting rights held in this issuer: 3.070%) Hermes UK Small Companies Focus Fund (voting rights held in this issuer: 21.015%) Please see Section 13 for further information.

Proxy Voting:
10. Name of proxy holder:	See Comment in Section 13
11. Number of voting rights proxy holder will cease to hold:	See Comment in Section 13
12. Date on which proxy holder will cease to hold voting rights:	See Comment in Section 13

13. Additional information:	Hermes Equity Ownership Services Limited hold the voting rights under a standing proxy contained in agreements for the provision of voting services to various underlying clients for the purposes of DTR 5.2.1(h), which includes all the shares owned directly by BT Pension Scheme. Hermes Investment Management Limited hold the voting rights under a standing proxy contained in investment management agreements with various underlying clients for the purposes of DTR 5.2.1(h). Hermes Focus Asset Management Limited hold the voting rights as General Partner under a standing proxy contained in limited partnership agreements with various limited partnerships. All voting rights held on behalf of the above entities are aggregated for the purposes of DTR 5.2.1(e).  This disclosure is made by BT Pension Scheme Trustees Limited, which is the ultimate parent undertaking for the purposes of DTR 5.2.1(e).
14 Contact name:	Richard Collins Company Secretary / Solicitor Tribal Group plc
15. Contact telephone name:	020 7323 7110

For notes on how to complete form TR-1 please see the FSA website.   

Annex: Notification of major interests in shares

A: Identity of the persons or legal entity subject to the notification obligation
Full name  (including legal form of legal entities)	BT Pension Scheme Trustees Limited
Contact address  (registered office for legal entities)	1 Portsoken Street, London E1 8HZ
Phone number & email	020 7702 0888
Other useful information  (at least legal representative for legal persons)	BT Pension Scheme Trustees Limited is the parent undertaking of the group of companies subject to the notification obligation as indirect holders of voting rights for the purpose of DTR 5.2.1(h) and 5.2.1(e).

B: Identity of the notifier, if applicable
Full name	Hermes Administration Services Limited as agent for BT Pension Scheme Trustees Limited
Contact address	1 Portsoken Street, London E1 8HZ
Phone number & email	020 7680 2177 / 020 7680 2125
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)	Hermes Administration Services Limited acts as the authorised administration agent on behalf of BT Pension Scheme Trustees Limited

C: Additional information

Please contact Valerie Davidson / Margaret Moss on the above number for further information.

 

END

 

 

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