Holding(s) in Company

RNS Number : 0588G

Vertu Motors PLC

16 October 2008

 

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

VERTU MOTORS PLC   

2. Reason for the notification (please state Yes/No): ( )

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) : Initial disclosure ( )

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

The Goldman Sachs Group, Inc.

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

  Goldman Sachs International

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

  14 October 2008

6. Date on which issuer notified:

  16 October 2008

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

9%

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 (vi)
	Number of shares	Number of voting Rights (viii)
GB00B1GK4645	8,227,586	8.95%

Resulting situation after the triggering transaction (vii)

Class/type of shares if  possible using the ISIN  CODE	Number of shares	Number of voting rights (ix)		% of voting rights
	Direct	Direct (x)	Indirect (xi)	Direct	Indirect
		8,482,686		9.22%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of  financial  instrument	Expiration Date (xiii)	Exercise/Conversion         Period/ Date (xiv)	Number of voting rights         that may be acquired if         the instrument is         exercised/ converted.	% of voting rights

Total (A+B)

Number of voting rights	% of voting rights
8,482,686	9.22%

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

The interest in 8,482,686 shares arose from a beneficial interest held by Goldman Sachs International, a wholly-owned indirect subsidiary of GS Inc. These shares are, or will be, registered at CREST in account CREPTEMP.

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:

General email contact:

[e-mail]

14. Contact name:

Sean Rogers

15. Contact telephone number:

0207 552 9205

 

END

 

 

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