Holding(s) in Company

RNS Number : 1466O

Managed Support Services PLC

02 March 2009

 



TR-1:   notification of major interests in shares 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	Managed Support Services 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 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:	Hargreave Hale Limited
4. Full name of shareholder(s) (if different from 3.):	For Discretionary Clients
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	27th February 2009
6. Date on which issuer notified:	2nd March 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 viii	Number of shares		Number of voting rights ix		% of voting rights
			Direct	Indirect	Direct  x	Indirect xi	Direct	Indirect
Ordinary /  GB00B105MM77	2,882,000	2,882,000		10,382,000		10,382,000		6.2844%

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

Total (A+B)
Number of voting rights	% of voting rights
10,382,000	6.2844%

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

10,380,000 of these shares are for unit trusts operated by Marlborough Fund Managers Ltd, for which Hargreave Hale manages the investments on a discretionary basis. The remaining balance is held on behalf of other discretionary clients.

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:	The event changing the breakdown of voting rights was the placing of 75,000,000 (27,125,000 VCT and 47,875,000 Non-VCT) shares, which according to the company announcement, dated 26th February 2009, became effective on the 27th February and 2nd March 2009 respectively. The triggering transaction was a purchase of 7,500,000 of the above Non-VCT placing shares. The denominator used in calculating the percentage holding reported above was the post placing shares in issue figure of 165,203,976.
14. Contact name:	David Clueit
15. Contact telephone number:	01253 754739

 

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