Holding(s) in Company

RNS Number : 3775C

Vertu Motors PLC

04 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		Yes
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:	Artemis Investment Management LLP
4. Full name of shareholder(s) (if different from 3.):	Witan Investment Trust L&G (Barclays) Series2 MM Alpha Fund L&G (Barclays) MM Alpha Fund Barclays UK Alpha Akzo Nobel Pension Scheme Artemis Institutional Special Situations Artemis UK Special Situations Fund
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:	11%, 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
GB00B1GK4645	22,932,490	22,932,490	19,682,490	19,682,490		9.88%

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
19,682,490	9.88%

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

Proxy Voting:
10. Name of the 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:
14. Contact name:	Neil Buckley
15. Contact telephone number:	0131 718 0411

 

END

 

 

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