TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
KIER GROUP plc
2. Reason for the notification
An acquisition or disposal of voting rights: (X)
3. Full name of person(s) subject to the notification obligation (iii):
Standard Life Investments Limited
4. Full name of shareholder(s) (if different from 3.) (iv):
Vidacos Nominees
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
16 October 2008
6. Date on which issuer notified:
17 October 2008
7. Threshold(s) that is/are crossed or reached:
10% to 11%
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 (vi) |
|
|
Number of shares |
Number of voting Rights (viii) |
GB0004915632 |
4,058,778 |
4,058,778 |
Resulting situation after the triggering transaction (vii)
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
||
|
|
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
GB0004915632 |
4,165,649 |
2,698,644 |
1,467,005 |
7.29% |
3.96% |
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 |
4,165,649 |
11.25% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Standard Life investments Limited
13. Additional information:
Total issued capital (and therefore total number of voting rights) at the date of this announcement is 37,021,070 ordinary shares.
14. Contact name:
Deborah Hamilton
Kier Group plc
Tempsford Hall
Sandy,
BEDS SG19 2BD
15. Contact telephone number:
01767 640-111