Holding(s) in Company

RNS Number : 5884I
Acal PLC
15 March 2010
 

LETTER TO:  ACAL PLC 

DISCLOSURE RULES AND TRANSPARENCY RULES SOURCEBOOK
Disclosure of Interest in the Voting Rights of Shares

Attached a Form TR-1 which discloses Aberforth Partners LLP's interest in 3,982,800 of the voting shares of Acal PLC as required under the Disclosure Rules and Transparency Rules Sourcebook of the FSA Handbook.

In addition, Aberforth Partners LLP is interested in a further 1,217,200 shares although we do not have access to the voting rights of these shares.  Aberforth Partners LLP is, therefore, interested in a total of 5,200,000 shares of the above company.  This interest arises as a result of the discretionary investment management powers that we can exercise over the funds of our clients.  Aberforth Partners LLP is not the beneficial owner of these shares.

From:  Pauline Robson
           For Aberforth Partners LLP



 

 

 

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:

ACAL PLC 

 

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

 

An acquisition or disposal of voting rights


 

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):

  YES - TRANSFER OF VOTING RIGHTS


 

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

 

ABERFORTH PARTNERS LLP


 

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

 

Shareholder
Shares
 
 
1. Aberforth Smaller Companies Trust plc
2,498,650
 
 
2. Aberforth UK Small Companies Fund
1,098,950
 
 
3. Aberforth Geared Capital & Income Trust plc
385,200


All shares are registered in the name of Nortrust Nominees Ltd A/c Aberfrth

 

 
 
 

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

 

15/03/2010


 

6. Date on which issuer notified:

 

15/03/2010


 

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

 

15%


 

 

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


ORDINARY


 

 

4,450,000


 

 

4,450,000


 

 

3,982,800


 

 

N/A


 

 

3,982,800


 

 

N/A


 

 

14.02


GB0000055888

 

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


3,982,800


14.02

 

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

 

HELD BY ABERFORTH PARTNERS LLP 

 

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 voting rights attached to shares beneficially held by The Church Commissioners for England ("Church") were transferred to Church with effect from today, 15 March 2010.  Aberforth Partners LLP continue to manage funds for the Church on a discretionary basis.

 

14. Contact name:

 

PAULINE ROBSON

ABERFORTH PARTNERS LLP

 


 

15. Contact telephone number:

 

0131 220 0733

 


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