TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
VERTU MOTORS PLC |
2 Reason for the notification (yes/no): |
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An acquisition or disposal of voting rights |
Yes |
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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: |
Artemis Investment Management Limited |
4. Full name of shareholder(s) (if different from 3.): |
Artemis UK Special Situations Fund Institutional Special Situations Pearson Prudential Staff Pension Scheme Akzo Nobel Pension Scheme Barclays UK Alpha L&G (Barclays) MM Alpha Fund L&G (Barclays) Series 2 MM Alpha Fund Witan Investment Trust |
5. Date of the transaction and date on which the threshold is crossed or reached: |
25 November 2009 |
6. Date on which issuer notified: |
26 November 2009 |
7. Threshold(s) that is/are crossed or reached: |
11% |
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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GB00B1GK4645 |
20,525,547 |
20,525,547 |
21,615,547 |
21,615,547 |
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11.01% |
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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 |
Expiration |
Exercise/ |
Number of voting |
% 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 |
21,615,547 |
11.01% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
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14. Contact name: |
Nicola Collins |
15. Contact telephone number: |
0131 718 0429 |