Notification of Major Interest in Shares

RNS Number : 5002W

Acal PLC

28 January 2013

 



28 January 2013

Dear Sir,

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

Please find attached Form TR-1 which discloses Aberforth Partners LLP's interest in 3,717,118 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 1,076,680 shares although we do not have access to the voting rights of these shares. Aberforth Partners LLP is, therefore, interested in a total of 4,793,798 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. Aberfotth Partners LLP is not the beneficial owner of these shares.

If you require any further information please do not hesitate to contact me directly.

Yours faithfully,

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		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:	Aberforth Partners LLP
4. Full name of shareholder(s) (if different from 3.):	Shareholder                                                         Shares 1. Aberforth Smaller Companies Trust plc       2,571,850 2. Aberforth UK Small Companies Fund             483,768 3. Aberforth Geared Income Trust plc                 661,500 All shares are registered in the name of Nortrust Nominees Ltd A/c Aberforth
5. Date of the transaction and date on which the threshold is crossed or reached:	25/01/2013
6. Date on which issuer notified:	28/01/2013
7. Threshold(s) that is/are crossed or reached:	13%

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
Ordinary	3,647,798	3,647,798	3,717,118	N/A	3,717,118	N/A	13.08
GB0000056888

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
N/A	N/A	N/A	N/A	N/A

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
N/A	N/A	N/A	N/A	N/A	Nominal	Delta
					N/A	N/A

Total (A+B+C)
Number of voting rights	Percentage of voting rights
3,717,118	13.08

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:	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:
14. Contact name:	Pauline Robson, Aberforth Partners LLP
15. Contact telephone number:	0131 220 0733

 

END

 

 

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