Brewin Dolphin Hldgs

Notification of Interests

RNS Number : 4731L
Brewin Dolphin Holdings PLC
06 May 2010
 

TR-1: Notifications of Major Interests in Sharesi

 

 

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

Brewin Dolphin Plc

 

2. Reason for notification (please tick the appropriate box or boxes)

 

An acquisition or disposal of voting rights

X

 

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 event changing the breakdown of voting rights


 

Other (please specify):


 

3. Full name of person(s) subject to the notification obligation:iii

BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme.  See Section 9 for further information.

 

 

4. Full name of shareholder(s) (if different from 3):iv

N/A

 

5. Date of transaction (and date on which the threshold is crossed or reached if different):v

5 May 2010

 

6. Date on which issuer notified:

6 May 2010

 

7. Threshold(s) that is/are crossed or reached:vi, vii

6%

 

8: Notified Details

A: Voting rights attached to shares viii, ix

 

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 xi

 

Indirect xii

 

Direct

 

Indirect

GB00017658160176581

13,760,780

13,760,780

N/A

N/A

13,870,043

N/A

6.027%

 



 

B: Qualifying Financial Instruments

 

Resulting situation after the triggering transaction

 

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights



 

 



 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

 

Resulting situation after the triggering transaction

 

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

No. of voting rights instrument refers to

Percentage of voting rights xix, xx






Nominal

Delta



 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

13,870,043

6.027%

 

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

 

BT Pension Scheme Trustees Limited, as trustee of the BT Pension Scheme ("BTPS") is the parent undertaking of Britel Fund Nominees Limited and Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited ("HFML").  HFML is the parent undertaking of:

 

1.   Hermes Equity Ownership Services Limited ("HEOS") (voting rights: 0.205%)

 

2.   Hermes Investment Management Limited ("HIML") (voting rights: 0.409%)

 

3.   Hermes Focus Asset Management Limited ("HFAM") as General Partner of the following limited partnerships:

 

a.   Hermes UK Specialist Focus Fund ("HUKSFF") (voting rights: 3.678%)

 

4.   Hermes Focus Asset Management Europe Limited (« HFAME ») as General Partner of the following limited partnerships :

 

a.   Hermes European Focus Fund ("HEFF") (voting rights: 1.735%)

 

This notification is also being made in respect of HEOS, which is an indirect holder of shares for the purpose of DTR 5.2.1(h).  The voting rights include the following: (i) all of the voting rights of the underlying clients of HEOS for whom it provides voting services; (ii) all of the voting rights attaching to the directly shareholding of BTPS; (iii) all of the voting rights attaching to shares managed by HIML; and (iv) the voting rights attaching to the direct shareholding of BTPS that are managed by HSL.

 

This notification is also being made in respect of HUKSFF, which has an individual notification obligation under DTR 5.1.2

 

Please see Selection 13 for further information.

 

 

 

Proxy Voting:

 

10. Name of proxy holder:

 

See Comment in Section 13.

11. Number of voting rights proxy holder will cease to hold:

 

See Comment in Section 13.

12. Date on which proxy holder will cease to hold voting rights:

 

See Comment in Section 13.

 

13. Additional information:

 

HEOS hold the voting rights under a standing proxy contained in agreements for the provision of voting services to various underying clients for the purposes of DTR 5.2.1(h), which includes all of the shares owned directly by BTPS, all of the voting rights attaching to shares managed by HIML and the voting rights attaching to the direct shareholding of BTPS that are managed by HSL.

 

HIML hold the voting rights under a standing proxy contained in investment management agreements with various underying clients (which may include BTPS) for the purposes of DTR 5.2.1(h).

 

HFAM hold the voting rights as General Partner under a standing proxy contained in limited partnership agreements with various limited partnerships for the purposes of DTR 5.2.1(h).

 

HFAME hold the voting rights as General Partner under a standing proxy contained in limited partnership agreements with various limited partnerships for the purposes of DTR 5.2.1(h).

 

All voting rights held on behalf of the above entities are aggregated for the purposes of DTR 5.2.1(e).

 

This disclosure is made by BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme, which is the ultimate parent undertaking for the purposes of DTR 5.2.1(e).

 

 

14 Contact name:

 

Valerie Davidson

([email protected])

 

15. Contact telephone name:

 

00 44 20 7680 2177

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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