Holding(s) in Company

RNS Number : 6866E

TT electronics PLC

23 December 2009

 



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:

TT Electronics 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):

3. Full name of person(s) subject to the notification obligation:	Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3.):	Legal & General Assurance Pensions Management) Limited (PMC)
5. Date of the transaction and date on which the threshold is crossed or reached:	22 December 2009
6. Date on which issuer notified:	23 December 2009
7. Threshold(s) that is/are crossed or reached:	L&G (From 6% to 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	Number of shares	Number of voting rights		% of voting rights
				Direct	Indirect	Direct	Indirect
	9,302,622 (As on 17/12/2009)		9,285,421	9,285,421		5.99%
Ordinary 25p

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
9,285,421	5.99%

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

Legal & General Group Plc (Direct and Indirect)(Group) (14,711,763 - 9.49%) = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (14,711,763 - 9.49% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (14,711,763 - 9.49% = Total Position)       Legal & General Group Plc (Direct)(L&G) (9,285,421 - 5.99% = LGAS, LGPL & PMC) Legal &  General Investment Management (Holdings)    Legal & General Insurance Holdings Limited Limited (Direct)(LGIMHD) (5,402,855 - 3.48% = PMC)    (Direct) (LGIH) Legal & General Assurance (Pensions Management)     Legal & General Assurance Society Limited Limited (PMC) (5,402,855 - 3.48% = PMC)                   (LGAS & LGPL)                                                                                   Legal & General Pensions Limited (Direct)                                                                                   (LGPL)

Proxy Voting:
10. Name of the 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 154,952,795
14. Contact name:	Helen Lewis (LGIM)
15. Contact telephone number:	020 3124 3851

Name of authorised official of the issuer responsible for making this notification:

David Matthews
Group Financial Controller
TT electronics plc

Date of Notification: 23 December 2009

 

END

 

 

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