Holding(s) in Company

RNS Number : 6812K

Mears Group PLC

23 December 2008

 



TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		Mears Group plc
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			Yes
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached			No
An event changing the breakdown of voting rights			No
Other (please specify):______________			No
3. Full name of person(s) subject to notification obligation:	HBOS plc
4. Full name of shareholder(s) (if different from 3):	see Section 9
5. Date of transaction (and date on which the threshold is crossed or reached if different):	19 December 2008
6. Date on which issuer notified:	22 December 2008
7. Threshold(s) that is/are crossed or reached:	Direct and Indirect holdings increased to above 6%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use 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		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
Ord 1p shares GB0005630420	4,321,399	4,321,399	2,691,174	2,691,174	1,770,996	3.639%	2.394%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
N/A

Total (A+B)
Number of voting rights	Percentage of voting rights
4,462,170	6.033%

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

Insight Investment Management (Global) Limited* ('IIMGL') - (Indirect) - 4,222,448 (5.709%) IIMGL manages holdings on behalf of other HBOS Group companies, and other third parties external to the HBOS Group, under various discretionary management arrangements. (* - wholly owned subsidiaries of HBOS plc)

Proxy Voting:
10. Name of proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:	Notification using the total voting rights figure of 73,963,770
14 Contact name:	Kenny Melville
15. Contact telephone name:	0131 243 8671

 

END

 

 

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