Holding(s) in Company

RNS Number : 7461V

Eleco PLC

15 July 2009

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Eleco plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					√
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: iii		Aviva plc & its subsidiaries
4. Full name of shareholder(s)   (if different from 3.):iv		Registered Holder: Delta Lloyd Europees Deelnemingen Fonds  5,614,000    Delta Lloyd Luxembourg European Participation Fund    458,277
5. Date of the transaction and date on which the threshold is crossed or reached: v		14 July 2009
6. Date on which issuer notified:		15 July 2009
7. Threshold(s) that is/are crossed or reached: vi, vii		<10% to >10% Change at Combined Interest Level

8. Notified details:
A: Voting rights attached to shares viii, ix
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 x
					Direct	Direct xi		Indirect xii	Direct		Indirect
Ordinary Shares GB0003081246	3,000,000		3,000,000		Nil Held	Nil Held		6,072,277	Nil Held		10.01%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument		Expiration date xiii		Exercise/  Conversion Period xiv			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 xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
6,072,277	10.01%

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

The voting rights are managed and controlled by Delta Lloyd Asset Management NV, with the following chain of controlled undertakings:- Delta Lloyd Asset Management NV: Aviva plc (Parent Company) Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) Aviva International Insurance Limited (wholly owned subsidiary of Aviva Group Holdings Limited) Aviva Insurance Limited (wholly owned subsidiary of Aviva International Insurance Limited) Aviva International Holdings Limited (wholly owned subsidiary of Aviva Insurance Limited) CGU International Holdings BV (wholly owned subsidiary of Aviva International Holdings Limited) Delta Lloyd NV (majority owned subsidiary of CGU International Holdings BV) Delta Lloyd Asset Management NV (wholly owned subsidiary of Delta Lloyd NV)

Proxy Voting:
10. Name of the proxy holder:		See Section 4
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:	Figures are based on a total number of voting rights of 60,658,239
14. Contact name:	Neil Whittaker
15. Contact telephone number:	01603 684420

 

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