Holding(s) in Company

RNS Number : 5995F

TT electronics PLC

14 January 2010

 



TTG.L

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:	TT Electronics 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 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:	Legal & General Group Plc (Group) Legal & General Investment Management Limited (LGIM)
4. Full name of shareholder(s) (if different from 3.):	Legal & General Assurance (Pensions Management) Limited (PMC) Legal & General Group Plc (L&G)
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	13 January 2010
6. Date on which issuer notified:	14 January 2010
7. Threshold(s) that is/are crossed or reached:	Group (Above 10%) LGIM (Above 10%)
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 25p	15,079,213 (As on 13/01/2010)		14,629,213	9,482,296	5,146,917	6.119%	3.321%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period/ Date	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
CFD	N/A	N/A	N/A	900,000	Nominal	Delta
					0.58%	0.58%

Total (A+B+C)
Number of voting rights	% of voting rights
15,529,213	10.02%

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

Legal & General Group Plc (Direct and Indirect) (Group) ((15,529,213 -10.02% = Total Position)  Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) ( 15,529,213 - 10.02% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (15,529,213 - 10.02% = Total Position) Legal & General Group Plc (Direct) (L&G) ( 9,482,296 -6.11% =LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) ( 5,468,480 - 3.52%= PMC)   Legal & General Insurance Holdings Limited (Direct) (LGIH)  Legal & General Assurance (Pensions Management) Limited (PMC) ( 5,468,480 -3.52% = PMC)   Legal & General Assurance Society Limited (LGAS & LGPL)  Legal & General Pensions Limited (Direct) (LGPL)

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:	Notification using the total voting rights figure of  154,952,795
14. Contact name:	Helen Lewis (LGIM)
15. Contact telephone number:	020 3124 3851

Name of authorised official of the issuer responsible for making this notification:

Date of Notification: 14 January 2010

 

END

 

 

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