TR-1: Notification of Major I

RNS Number : 3198T

Costain Group PLC

03 June 2009

 



For filings with the FSA include the annex

For filings with issuer exclude the annex

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:

Costain Group PLC

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		No
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		No
An event changing the breakdown of voting rights		No
Other (please specify):		Yes

3. Full name of person(s) subject to the notification obligation:	Gartmore Investment Limited
4. Full name of shareholder(s) (if different from 3.):
Share Description   Fund Managing Co   Shares Held   % of Issued  Share Capital   UK Registered  Owner Beneficial Owner   Equities Costain GRP ORD GBP0.05 Gartmore Fund Managers Limited  4,732,158 0.747% HSBC Global Custody Nominee UK Ltd Gartmore Fund Managers Ltd A/C Gartmore UK & Irish Smaller Companies  7,223,907 1.140% HSBC Global Custody Nominee UK Ltd Gartmore Fund Managers Limited A/C Gartmore Cautious Managed Fund  4,581,926 0.723% HSBC Global Custody Nominee UK Ltd Gartmore Fund Managers Limited A/C Gartmore U.K. Equity Income Fund Gartmore Investment Limited  7,082,833 1.118% Nortrust Nominees Limited Strathclyde Pension Fund  1,727,417 0.273% Gartmore Growth Opportunities Gartmore Growth Opportunities PLC     479,628 0.076% Bank of Bermuda Luxembourg Gartmore SICAV Pan Euro Smaller Companies Fund     913,638 0.144% Vidacos Nominees Ltd A/C 2303 The Alphagen Volantis Fund Limited 26,741,507 4.220% Contract for Difference Costain GRP CFD Contract 0227218   Gartmore Investment Limited  5,257,030 0.830% The Alphagen Octanis Fund Limited   15,084 0.024% GSI Nominees Limited Lyxor Gartmore UK Long Short Fund  5,407,114 0.853% 32,148,621 5.073%
5. Date of the transaction and date on which the threshold is crossed or reached:	1st June 2009
6. Date on which issuer notified:	2nd June 2009
7. Threshold(s) that is/are crossed or reached:	5%

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
GB0002272184	31,148,163	31,148,163	26,741,507		26,741,507		4.22%

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
CFD	N/A	N/A	N/A.	5,407,114	Nominal	Delta
					0.853%

Total (A+B+C)
Number of voting rights	Percentage of voting rights
32,148,621	5.073%

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:	All figures are based on the Companies issued share capital of 633,696,391 as provided by Exshare E mail contact  [e-mail]
14. Contact name:	RDU
15. Contact telephone number:	0207 782 2324

 

END

 

 

HOLSSEFIDSUSEDM