Holding(s) in Company

RNS Number : 1990J

Vallares PLC

27 June 2011

 



TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Vallares Plc

2. Reason for the notification:

An acquisition or disposal of voting rights

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

Schroders plc

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

N/A

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

21 June 2011

6. Date on which issuer notified:

27 June 2011

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

Above 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
	Number of shares	Number of voting Rights
Ordinary JE00B55Q3P39	0	0

Resulting situation after the triggering transaction

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rights
	Direct	Direct	Indirect	Direct	Indirect
Ordinary JE00B55Q3P39	8,447,784	N/A	7,549,428	N/A	5.672%

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	% of voting rights
7,549,428	5.672%

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

Schroder Investment Management Limited              7,544,216      5.669%

Schroder & Co Ltd                                                                5,212         0.004%

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:

The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investments management agreements.

14. Contact name:

Chris Melrose

15. Contact telephone number:

020 7658 6000

 

END

 

 

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