Holding(s) in Company

RNS Number : 9747G

Vertu Motors PLC

29 October 2008

 



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 (ii):

    Vertu Motors Plc

2. Reason for the notification (please state 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 the notification obligation (iii):

Aviva plc & its subsidiaries

4. Full name of shareholder(s) (if different from 3.) (iv):

Registered Holder:

BNY Norwich Union Nominees Limited 420,359*

Chase GA Group Nominees Limited 1,391,607*

CUIM Nominee Limited 256,034*

* denotes direct interest

Vidacos Nominees Limited 2,277,000

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

23 October 2008

6. Date on which issuer notified:

  27 October 2008

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

5% to <5% change at combined interest level

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)
ORDINARY SHARES  GB00B1GK4645	4,745,000	4,745,000

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	Direct (x)	Indirect (xi)	Direct	Indirect
ORDINARY SHARES  GB00B1GK4645	2,068,000	2,068,000	2,277,000	2.25%	2.47%

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
N/A	N/A	N/A	N/A	N/A

Total (A+B)

Number of voting rights	% of voting rights
4,345,000	4.72%

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

The voting rights are managed and controlled by Aviva Investors Global Services Limited, with the following chain of controlled undertakings:-

Aviva Investors Global Services Limited:

• Aviva plc (Parent Company)

• Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

• Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

• Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)

Proxy Voting:

10. Name of the proxy holder:

See section 4

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:

Figures are based on a total number of voting rights of 91,982,478

14. Contact name:

Neil Whittaker

15. Contact telephone number:

01603 684420

 

END

 

 

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