Holding in Company

RNS Number : 1521A

Severfield-Rowen PLC

02 October 2009

 



Severfield-Rowen Plc

Notification of Interest

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Severfield-Rowen Plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		YES
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):	Placing and following listing

3. Full name of person(s) subject to the notification obligation:	Montanaro Group
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:	21st September 2009
6. Date on which issuer notified:	23rd September 2009
7. Threshold(s) that is/are crossed or reached:	3%

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	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
GB00B27YGJ97	2,637,453	2,637,453	2,767,453	2,767,453		3.12%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/  Conversion  Period	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
Resulting situation after the triggering transaction
Type of financial instrument	Exercise  price	Expiration  date	Exercise/ Conversion  period	Number of voting  rights instrument  refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
2,767,453	3.12%

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:
14 Contact name:	Matthew Francis, Montanaro
15. Contact telephone name:	020 7448 8600

For notes on how to complete form TR-1 please see the FSA website.

Enquiries:

Severfield-Rowen Plc	01845 577896
Tom Haughey, Chief Executive Officer Peter Davison, Finance Director
RBS Hoare Govett Ltd	020 7678 8000
John MacGowan Stephen Bowler
Pelham PR	020 7337 1500
Alex Walters Francesca Tuckett

 

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