Holding(s) in Company

RNS Number : 2629C

Vertu Motors PLC

03 March 2011

 



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 (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):

3. Full name of person(s) subject to the notification obligation:	F&C Asset Management Plc
4. Full name of shareholder(s) (if different from 3.):	See box 9 below
5. Date of the transaction and date on which the threshold is crossed or reached:	01 March 2011
6. Date on which issuer notified:	02 March 2011
7. Threshold(s) that is/are crossed or reached:	10%

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		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of  voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB00B16K4645 Ord 10p	19,924,091	19,924,091	19,574,091	-	19,574,091	-	9.82%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
19,574,091	9.82%

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

F&C Asset Management plc:- Client No. of voting rights % of total voting rights Registration name No underlying client holds over 3% - - -

Proxy Voting:
10. Name of proxy holder:	F&C Asset Management Plc
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:	Based on TVR of 199,278,032
14 Contact name:	Peter Fraser, F&C Asset Management plc
15. Contact telephone name:	0131 718 1051

 

END

 

 

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