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Optare PLC (OPE)

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Monday 09 January, 2012

Optare PLC

Holding(s) in Company

RNS Number : 2500V
Optare PLC
09 January 2012
 



 




TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



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

OPTARE PLC

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

An acquisition or disposal of voting rights

ü

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:



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

HARGREAVE HALE LIMITED

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

DISCRETIONARY CLIENTS

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

06 JANUARY 2012

6. Date on which issuer notified:

09 JANUARY 2012

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

5%



 

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Indirect

Direct xi

Indirect xii

Direct

Indirect

GB00B2PGSY66

39,503,718

 

39,503,718


36,040,312

 


36,040,312


4.7917

 



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

 

36,040,312

4.7917%



 

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

32,889,305 of these shares are held in unit trusts operated by Marlborough Fund Managers Ltd for whom Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis. The remaining shares are held on behalf of other discretionary clients.


Proxy Voting:

10. Name of the 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:

The figures above are based on the shares in issue (752,145,493) on 06/01/2012, prior to the sub-division and placing of shares by Optare Plc on 09/01/2012. Following the sub-division and placing, the shares in issue figure has increased to 2,235,291,827 thereby reducing the discretionary holding of Optare Plc shares to 1.6123% of the total shares in issue.

14. Contact name:

David Clueit

15. Contact telephone number:

01253 754739

 

 


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