Holding(s) in Company

RNS Number : 9953P

TT electronics PLC

31 October 2012

 



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:		TT Electronics PLC
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			YES
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:	John Watson Newman
4. Full name of shareholder(s) (if different from 3):
5. Date of transaction (and date on which the threshold is crossed or reached if different):	30th October 2012
6. Date on which issuer notified:	31st October 2012
7. Threshold(s) that is/are crossed or reached:	Less than 7%

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
	11,048,010	11,048,010	69,573	69,573	10,478,437	0.044%		6.68%

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
10,548,010	6.726%

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

John Watson Newman holds a controlling interest in Newship Industries who in turn wholly owns Newship Investments Limited. John Watson Newman held 69,573shares directly, Newship Industries Limited held 10,538,437 shares directly and Newship Investments Limited held 440,000 shares directly. Following the transaction Newship Industries now holds 10,468,437 and Newship Investments now holds 10,000 shares directly. John Watson Newman holds 69,573 shares directly and controls a total of  10,548,010 i.e. 6.726%

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

13. Additional information:	John Watson Newman makes this notification for himself and also on behalf of Newship Industries Limited and Newship Investments Limited as the parent undertaking.
14 Contact name:
15. Contact telephone name:

Name of authorised official of the issuer responsible for making this notification:

Wendy Sharp

Group Company Secretary

TT electronics plc

Date of Notification:  31 October 2012

 

END

 

 

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