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



This information is provided by RNS
The company news service from the London Stock Exchange
 
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Companies

Vertu Motors (VTU)
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