Holding(s) in Company

RNS Number : 7464I

Gleeson(M J)Group PLC

20 June 2011

 

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:		M J Gleeson 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
An event changing the breakdown of voting rights
Other (please specify):______________
3. Full name of person(s) subject to notification obligation:	North Atlantic Value LLP (as investment advisor/manager)
4. Full name of shareholder(s) (if different from 3):	1. North Atlantic Smaller Companies Investment Trust PLC 2. Oryx International Growth Fund Limited 3. North Atlantic Value LLP (as investment manager/adviser to other fund management clients)
5. Date of transaction (and date on which the threshold is crossed or reached if different):	17 June 2011
6. Date on which issuer notified:	20 June 2011
7. Threshold(s) that is/are crossed or reached:	Through 21% and individual holding through 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
Ordinary Shares Sedol: B01BNK2 Holder 1     7,095,976      7,095,976      7,259,639     7,259,639                        13.78%     Holder 2     3,171,917      3,171,917      3,316,576     3,316,576                         6.29% Holder 3        505,000        505,000         505,000        505,000                         0.96% Total voting rights = 21.03%

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

Total (A+B)
Number of voting rights	Percentage of voting rights
11,081,215	21.03%

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 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:	North Atlantic Value LLP is the investment manager/advisor in respect of the full 21.03% holding as it is investment manager/adviser to holders 1 and 2 as well as the other private clients included in holder 3.
14 Contact name:	Bonita Guntrip - Client Company Secretary, J O Hambro Capital Management Limited
15. Contact telephone number:	020 7747 5681

 

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